Copeland Capital Management LLC increased its holdings in shares of Perdoceo Education Corporation (NASDAQ:PRDO – Free Report) by 82.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,716,850 shares of the company’s stock after purchasing an additional 774,285 shares during the quarter. Copeland Capital Management LLC’s holdings in Perdoceo Education were worth $50,355,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. Summit Global Investments purchased a new stake in Perdoceo Education during the third quarter worth approximately $1,422,000. Envestnet Asset Management Inc. lifted its stake in Perdoceo Education by 215.2% during the third quarter. Envestnet Asset Management Inc. now owns 190,888 shares of the company’s stock worth $7,189,000 after purchasing an additional 130,321 shares during the last quarter. Decker Retirement Planning Inc. purchased a new stake in Perdoceo Education during the fourth quarter worth approximately $3,765,000. Callodine Capital Management LP lifted its stake in Perdoceo Education by 11.9% during the third quarter. Callodine Capital Management LP now owns 709,582 shares of the company’s stock worth $26,723,000 after purchasing an additional 75,553 shares during the last quarter. Finally, Kennondale Capital Management LLC lifted its stake in Perdoceo Education by 42.8% during the third quarter. Kennondale Capital Management LLC now owns 112,476 shares of the company’s stock worth $4,236,000 after purchasing an additional 33,722 shares during the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on PRDO shares. Zacks Research cut Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a research note on Tuesday. Finally, Barrington Research restated an “outperform” rating and set a $42.00 target price on shares of Perdoceo Education in a research note on Monday, January 5th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Perdoceo Education has an average rating of “Moderate Buy” and an average price target of $42.00.
Insider Transactions at Perdoceo Education
In other Perdoceo Education news, SVP Greg E. Jansen sold 30,158 shares of Perdoceo Education stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $38.00, for a total transaction of $1,146,004.00. Following the transaction, the senior vice president owned 82,970 shares of the company’s stock, valued at $3,152,860. The trade was a 26.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Todd S. Nelson sold 40,000 shares of Perdoceo Education stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $35.24, for a total value of $1,409,600.00. Following the transaction, the chief executive officer directly owned 392,368 shares in the company, valued at approximately $13,827,048.32. This trade represents a 9.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 206,476 shares of company stock worth $7,273,879. 2.11% of the stock is currently owned by corporate insiders.
Perdoceo Education Trading Down 7.2%
PRDO opened at $33.52 on Friday. The firm has a market cap of $2.10 billion, a price-to-earnings ratio of 13.91, a price-to-earnings-growth ratio of 0.79 and a beta of 0.85. Perdoceo Education Corporation has a 52 week low of $24.45 and a 52 week high of $38.50. The business’s 50 day moving average is $34.93 and its two-hundred day moving average is $32.58. The company has a quick ratio of 5.03, a current ratio of 5.06 and a debt-to-equity ratio of 0.04.
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.54 by $0.05. The company had revenue of $211.64 million for the quarter, compared to analyst estimates of $209.95 million. Perdoceo Education had a return on equity of 17.59% and a net margin of 18.90%.The firm’s revenue was up 20.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 earnings per share. 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, research analysts predict that Perdoceo Education Corporation will post 3.05 EPS for the current year.
Perdoceo Education Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.60 annualized dividend and a yield of 1.8%. Perdoceo Education’s payout ratio is 24.90%.
Perdoceo Education Company Profile
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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