Copeland Capital Management LLC Makes New Investment in Perdoceo Education Corporation $PRDO

Copeland Capital Management LLC purchased a new position in shares of Perdoceo Education Corporation (NASDAQ:PRDOFree Report) in the 3rd quarter, Holdings Channel reports. The firm purchased 942,565 shares of the company’s stock, valued at approximately $35,497,000.

A number of other institutional investors have also made changes to their positions in the business. Cresset Asset Management LLC bought a new position in Perdoceo Education in the second quarter valued at approximately $2,453,000. Acadian Asset Management LLC boosted its holdings in shares of Perdoceo Education by 110.8% in the 2nd quarter. Acadian Asset Management LLC now owns 923,698 shares of the company’s stock valued at $30,173,000 after buying an additional 485,571 shares during the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Perdoceo Education by 47.5% in the third quarter. Exchange Traded Concepts LLC now owns 159,764 shares of the company’s stock valued at $6,017,000 after buying an additional 51,472 shares in the last quarter. Inspire Investing LLC acquired a new position in Perdoceo Education during the second quarter worth $878,000. Finally, DekaBank Deutsche Girozentrale acquired a new position in Perdoceo Education during the second quarter worth $3,962,000. Institutional investors own 93.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on PRDO. Barrington Research reissued an “outperform” rating and issued a $42.00 price objective on shares of Perdoceo Education in a research report on Wednesday, November 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research report on Wednesday, October 8th. Finally, Wall Street Zen lowered Perdoceo Education from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 12th. Two analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $42.00.

Check Out Our Latest Report on PRDO

Perdoceo Education Trading Up 0.2%

PRDO stock opened at $29.82 on Tuesday. Perdoceo Education Corporation has a 52 week low of $23.87 and a 52 week high of $38.02. The company has a market capitalization of $1.92 billion, a PE ratio of 12.74, a price-to-earnings-growth ratio of 0.78 and a beta of 0.94. The company’s 50-day simple moving average is $30.49 and its 200 day simple moving average is $31.86. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.45 and a current ratio of 4.47.

Perdoceo Education (NASDAQ:PRDOGet Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.04. Perdoceo Education had a net margin of 19.24% and a return on equity of 17.22%. The firm had revenue of $211.87 million during the quarter, compared to the consensus estimate of $207.02 million. During the same quarter in the previous year, the firm posted $0.57 EPS. The business’s revenue for the quarter was up 24.8% compared to the same quarter last year. Perdoceo Education has set its Q4 2025 guidance at 0.530-0.550 EPS and its FY 2025 guidance at 2.540-2.560 EPS. As a group, sell-side analysts anticipate that Perdoceo Education Corporation will post 2.41 earnings per share for the current year.

Perdoceo Education Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Friday, November 28th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, November 28th. This represents a $0.60 dividend on an annualized basis and a yield of 2.0%. Perdoceo Education’s dividend payout ratio is currently 25.64%.

Perdoceo Education Profile

(Free Report)

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.

See Also

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 Corporation (NASDAQ:PRDOFree Report).

Institutional Ownership by Quarter for Perdoceo Education (NASDAQ:PRDO)

Receive News & Ratings for Perdoceo Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Perdoceo Education and related companies with MarketBeat.com's FREE daily email newsletter.