Dimensional Fund Advisors LP trimmed its position in shares of Perdoceo Education Corporation (NASDAQ:PRDO – Free Report) by 7.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,800,888 shares of the company’s stock after selling 323,162 shares during the quarter. Dimensional Fund Advisors LP owned 5.91% of Perdoceo Education worth $143,140,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. CBIZ Investment Advisory Services LLC acquired a new stake in Perdoceo Education during the 3rd quarter worth $25,000. First Horizon Corp acquired a new position in Perdoceo Education in the third quarter valued at about $29,000. Blue Trust Inc. increased its holdings in shares of Perdoceo Education by 81.5% in the third quarter. Blue Trust Inc. now owns 833 shares of the company’s stock worth $31,000 after acquiring an additional 374 shares in the last quarter. Richardson Financial Services Inc. increased its holdings in shares of Perdoceo Education by 166.2% in the third quarter. Richardson Financial Services Inc. now owns 836 shares of the company’s stock worth $31,000 after acquiring an additional 522 shares in the last quarter. Finally, Global Retirement Partners LLC raised its position in shares of Perdoceo Education by 49.9% during the third quarter. Global Retirement Partners LLC now owns 1,154 shares of the company’s stock worth $43,000 after purchasing an additional 384 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.
Insider Buying and Selling
In related news, SVP David C. Czeszewski sold 36,225 shares of the firm’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $32.81, for a total value of $1,188,542.25. Following the completion of the transaction, the senior vice president owned 68,875 shares of the company’s stock, valued at approximately $2,259,788.75. This trade represents a 34.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.11% of the company’s stock.
Perdoceo Education Stock Down 1.2%
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last released its earnings results on Thursday, February 19th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.54 by $0.05. Perdoceo Education had a return on equity of 17.59% and a net margin of 18.90%.The firm had revenue of $211.64 million for the quarter, compared to analysts’ expectations of $209.95 million. During the same quarter in the previous year, the business posted $0.50 EPS. The business’s quarterly revenue was up 20.0% compared to the same quarter last year. Perdoceo Education has set its Q1 2026 guidance at 0.830-0.850 EPS and its FY 2026 guidance at 2.970-3.120 EPS. On average, sell-side analysts expect that Perdoceo Education Corporation will post 2.41 EPS for the current fiscal year.
Perdoceo Education Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Stockholders of record on Monday, March 2nd will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, March 2nd. Perdoceo Education’s payout ratio is currently 24.90%.
Wall Street Analyst Weigh In
Several equities analysts have recently weighed in on the company. Barrington Research reiterated an “outperform” rating and set a $42.00 price objective on shares of Perdoceo Education in a report on Monday, January 5th. Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a report on Thursday, January 22nd. Zacks Research raised shares of Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Finally, Wall Street Zen cut shares of Perdoceo Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $42.00.
Get Our Latest Stock Analysis on PRDO
About Perdoceo Education
Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor’s and master’s degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers.
With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings.
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