Perdoceo Education Corporation $PRDO Holdings Raised by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its stake in shares of Perdoceo Education Corporation (NASDAQ:PRDOFree Report) by 215.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 190,888 shares of the company’s stock after buying an additional 130,321 shares during the period. Envestnet Asset Management Inc.’s holdings in Perdoceo Education were worth $7,189,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the stock. Blue Trust Inc. boosted its position in Perdoceo Education by 81.5% during the third quarter. Blue Trust Inc. now owns 833 shares of the company’s stock valued at $31,000 after purchasing an additional 374 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Perdoceo Education by 49.9% during the 3rd quarter. Global Retirement Partners LLC now owns 1,154 shares of the company’s stock valued at $43,000 after buying an additional 384 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its holdings in Perdoceo Education by 4.1% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 10,579 shares of the company’s stock worth $398,000 after buying an additional 414 shares during the last quarter. Richardson Financial Services Inc. raised its position in Perdoceo Education by 166.2% during the third quarter. Richardson Financial Services Inc. now owns 836 shares of the company’s stock valued at $31,000 after acquiring an additional 522 shares in the last quarter. Finally, Lazard Asset Management LLC raised its position in Perdoceo Education by 9.1% during the second quarter. Lazard Asset Management LLC now owns 7,280 shares of the company’s stock valued at $237,000 after acquiring an additional 605 shares in the last quarter. 93.46% of the stock is owned by institutional investors and hedge funds.

Perdoceo Education Trading Up 4.2%

NASDAQ:PRDO opened at $32.84 on Friday. The company’s 50 day moving average is $31.01 and its 200-day moving average is $32.10. The company has a quick ratio of 4.45, a current ratio of 4.47 and a debt-to-equity ratio of 0.01. Perdoceo Education Corporation has a 12 month low of $23.87 and a 12 month high of $38.02. The firm has a market cap of $2.11 billion, a price-to-earnings ratio of 13.63, a P/E/G ratio of 0.76 and a beta of 0.90.

Perdoceo Education (NASDAQ:PRDOGet Free Report) last posted its earnings results on Thursday, February 19th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.05. The business had revenue of $211.64 million for the quarter, compared to analyst estimates of $209.95 million. Perdoceo Education had a net margin of 18.90% and a return on equity of 17.54%. Perdoceo Education’s revenue was up 20.0% compared to the same quarter last year. During the same period last year, the business posted $0.50 EPS. 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. Equities analysts anticipate that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Monday, March 2nd will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, March 2nd. Perdoceo Education’s payout ratio is currently 25.64%.

Trending Headlines about Perdoceo Education

Here are the key news stories impacting Perdoceo Education this week:

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Barrington Research reissued an “outperform” rating and issued a $42.00 target price on shares of Perdoceo Education in a research report on Monday, January 5th. Wall Street Zen cut shares of Perdoceo Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 12th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Perdoceo Education currently has an average rating of “Buy” and an average target price of $42.00.

Check Out Our Latest Stock Report on PRDO

About Perdoceo Education

(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.

Recommended Stories

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.