Schroder Investment Management Group Has $22.76 Million Position in Bridgepoint Education Inc (BPI)

Schroder Investment Management Group reduced its position in Bridgepoint Education Inc (NYSE:BPI) by 1.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,421,829 shares of the company’s stock after selling 45,728 shares during the period. Schroder Investment Management Group owned about 12.68% of Bridgepoint Education worth $22,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Jane Street Group LLC acquired a new position in shares of Bridgepoint Education in the 2nd quarter valued at $571,000. Putnam Investments LLC acquired a new position in shares of Bridgepoint Education in the 2nd quarter valued at $1,717,000. Millennium Management LLC lifted its stake in shares of Bridgepoint Education by 1.3% in the 2nd quarter. Millennium Management LLC now owns 609,077 shares of the company’s stock valued at $3,977,000 after purchasing an additional 7,855 shares during the period. Paloma Partners Management Co acquired a new position in shares of Bridgepoint Education in the 2nd quarter valued at $841,000. Finally, Bank of America Corp DE lifted its stake in shares of Bridgepoint Education by 143.0% in the 2nd quarter. Bank of America Corp DE now owns 49,136 shares of the company’s stock valued at $321,000 after purchasing an additional 28,918 shares during the period. Hedge funds and other institutional investors own 77.72% of the company’s stock.

NYSE:BPI opened at $9.45 on Friday. The firm has a market cap of $274.20 million, a price-to-earnings ratio of 16.02, a P/E/G ratio of 1.59 and a beta of 2.45. Bridgepoint Education Inc has a fifty-two week low of $5.31 and a fifty-two week high of $13.63.

Bridgepoint Education (NYSE:BPI) last posted its quarterly earnings data on Wednesday, July 25th. The company reported $0.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.38. The company had revenue of $120.80 million during the quarter, compared to analysts’ expectations of $114.30 million. Bridgepoint Education had a net margin of 3.00% and a return on equity of 12.93%. The firm’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.21 earnings per share. Equities analysts predict that Bridgepoint Education Inc will post 0.64 EPS for the current fiscal year.

Several research firms recently issued reports on BPI. TheStreet upgraded shares of Bridgepoint Education from a “c” rating to a “b-” rating in a research note on Friday, August 10th. Zacks Investment Research upgraded shares of Bridgepoint Education from a “hold” rating to a “strong-buy” rating and set a $14.00 target price for the company in a research note on Monday, July 30th. ValuEngine upgraded shares of Bridgepoint Education from a “sell” rating to a “hold” rating in a research note on Thursday, July 26th. Finally, Barrington Research reiterated a “buy” rating and issued a $15.00 target price on shares of Bridgepoint Education in a research note on Wednesday, September 12th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $13.00.

Bridgepoint Education Profile

Bridgepoint Education, Inc, together with its subsidiaries, provides postsecondary education services in the United States. Its academic institutions, Ashford University and University of the Rockies, offer associate's, bachelor's, master's, and doctoral degree programs in the disciplines of business, education, psychology, social sciences, and health sciences.

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Institutional Ownership by Quarter for Bridgepoint Education (NYSE:BPI)

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