Deutsche Bank AG Takes Position in Perdoceo Education Corporation $PRDO

Deutsche Bank AG acquired a new position in Perdoceo Education Corporation (NASDAQ:PRDO) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 70,932 shares of the company’s stock, valued at approximately $2,270,000.

Other hedge funds have also bought and sold shares of the company. Fifth Third Bancorp increased its position in Perdoceo Education by 108.2% in the fourth quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after buying an additional 504 shares in the last quarter. IFP Advisors Inc increased its holdings in Perdoceo Education by 34.6% in the 4th quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock worth $40,000 after acquiring an additional 350 shares in the last quarter. Rockefeller Capital Management L.P. raised its stake in Perdoceo Education by 48.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company’s stock worth $63,000 after acquiring an additional 699 shares during the period. Meeder Asset Management Inc. purchased a new position in Perdoceo Education during the first quarter valued at approximately $83,000. Finally, Mcguire Capital Advisors Inc. purchased a new position in Perdoceo Education during the fourth quarter valued at approximately $69,000. Institutional investors own 93.46% of the company’s stock.

Insiders Place Their Bets

In other news, Chairman Gregory L. Jackson sold 11,271 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $31.78, for a total value of $358,192.38. Following the sale, the chairman directly owned 64,949 shares in the company, valued at $2,064,079.22. The trade was a 14.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Kenda B. Gonzales sold 9,308 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $34.79, for a total transaction of $323,825.32. Following the sale, the director owned 48,158 shares in the company, valued at $1,675,416.82. This represents a 16.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 1.46% of the company’s stock.

Perdoceo Education Price Performance

Shares of PRDO opened at $33.81 on Friday. The stock has a market capitalization of $2.12 billion, a price-to-earnings ratio of 12.34, a price-to-earnings-growth ratio of 0.71 and a beta of 0.71. Perdoceo Education Corporation has a 1 year low of $26.66 and a 1 year high of $38.50. The business’s 50 day simple moving average is $32.86 and its 200-day simple moving average is $33.81.

Perdoceo Education (NASDAQ:PRDO) last posted its earnings results on Thursday, August 6th. The company reported $0.80 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.80. Perdoceo Education had a net margin of 20.62% and a return on equity of 18.93%. The firm had revenue of $213.35 million during the quarter, compared to analyst estimates of $212.50 million. During the same period last year, the firm posted $0.67 earnings per share. Perdoceo Education’s revenue for the quarter was up 1.8% compared to the same quarter last year. Perdoceo Education has set its Q3 2026 guidance at 0.730-0.740 EPS and its FY 2026 guidance at 3.100-3.160 EPS. On average, sell-side analysts expect that Perdoceo Education Corporation will post 3.13 earnings per share for the current year.

Perdoceo Education Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Tuesday, September 1st will be paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Tuesday, September 1st. This is an increase from Perdoceo Education’s previous quarterly dividend of $0.15. Perdoceo Education’s dividend payout ratio is 21.90%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Barrington Research set a $44.00 price objective on shares of Perdoceo Education in a research note on Friday, May 8th. Wall Street Zen downgraded shares of Perdoceo Education from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a research note on Friday, July 17th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $44.00.

Perdoceo Education 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.