1 week Ago By ABMN Staff
JPMorgan Chase & Co. increased its position in Perdoceo Education Co. ( NASDAQ:PRDO – Free Report ) by 27.
5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 742,342 shares of the company’s stock after purchasing an additional 160,162 shares during the quarter. JPMorgan Chase & Co.
’s holdings in Perdoceo Education were worth $19,650,000 as of its most recent SEC filing. Other hedge funds have also bought and sold shares of the company. Geode Capital Management LLC lifted its position in shares of Perdoceo Education by 1.
9% in the third quarter. Geode Capital Management LLC now owns 1,803,391 shares of the company’s stock valued at $40,114,000 after buying an additional 33,092 shares during the last quarter. American Century Companies Inc.
raised its stake in Perdoceo Education by 5.1% in the 4th quarter. American Century Companies Inc.
now owns 1,627,190 shares of the company’s stock valued at $43,072,000 after acquiring an additional 79,686 shares during the period. Boston Partners lifted its holdings in Perdoceo Education by 41.1% during the 4th quarter.
Boston Partners now owns 1,209,899 shares of the company’s stock valued at $32,379,000 after purchasing an additional 352,470 shares during the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of Perdoceo Education by 0.
6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 950,573 shares of the company’s stock valued at $25,162,000 after purchasing an additional 5,748 shares during the last quarter.
Finally, Wellington Management Group LLP bought a new position in shares of Perdoceo Education in the third quarter valued at about $9,374,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Perdoceo Education In other Perdoceo Education news, CFO Ashish R. Ghia sold 6,236 shares of the firm’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $25.
00, for a total value of $155,900.00. Following the transaction, the chief financial officer now directly owns 252,130 shares of the company’s stock, valued at $6,303,250.
This trade represents a 2.41 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website .
Also, CEO Todd S. Nelson sold 38,984 shares of the company’s stock in a transaction that occurred on Thursday, March 20th. The stock was sold at an average price of $24.
66, for a total transaction of $961,345.44. Following the sale, the chief executive officer now directly owns 644,047 shares of the company’s stock, valued at approximately $15,882,199.
02. This trade represents a 5.71 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold 110,691 shares of company stock valued at $2,774,669 in the last three months. Corporate insiders own 1.
81% of the company’s stock. Wall Street Analysts Forecast Growth View Our Latest Research Report on PRDO Perdoceo Education Stock Down 1.6 % PRDO opened at $25.
77 on Friday. The stock has a fifty day moving average of $26.12 and a 200-day moving average of $25.
53. The company has a market capitalization of $1.70 billion, a P/E ratio of 11.
71, a P/E/G ratio of 0.75 and a beta of 0.87.
Perdoceo Education Co. has a fifty-two week low of $16.56 and a fifty-two week high of $29.
84. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.
45 and a current ratio of 4.84. Perdoceo Education ( NASDAQ:PRDO – Get Free Report ) last issued its quarterly earnings data on Tuesday, February 18th.
The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.
02. Perdoceo Education had a net margin of 21.66% and a return on equity of 16.
85%. The business had revenue of $176.43 million during the quarter, compared to analysts’ expectations of $160.
12 million. On average, equities analysts expect that Perdoceo Education Co. will post 2.
41 EPS for the current year. Perdoceo Education Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 13th. Shareholders of record on Saturday, March 1st were paid a dividend of $0.
13 per share. The ex-dividend date was Friday, February 28th. This represents a $0.
52 dividend on an annualized basis and a yield of 2.02%. Perdoceo Education’s dividend payout ratio (DPR) is presently 23.
64%. Perdoceo Education Company Profile ( Free Report ) Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. It operates in two segments, Colorado Technical University and The American InterContinental University System.
The Colorado Technical University segment offers academic programs, such as business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice. Read More Want to see what other hedge funds are holding PRDO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Perdoceo Education Co.
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