Teacher Retirement System of Texas Purchases 24,117 Shares of Perdoceo Education Corporation $PRDO

Teacher Retirement System of Texas lifted its holdings in Perdoceo Education Corporation (NASDAQ:PRDO) by 123.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,715 shares of the company’s stock after acquiring an additional 24,117 shares during the quarter. Teacher Retirement System of Texas owned approximately 0.07% of Perdoceo Education worth $1,646,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. First Horizon Corp bought a new stake in shares of Perdoceo Education during the third quarter worth $29,000. Blue Trust Inc. increased its position in Perdoceo Education by 81.5% in the third quarter. Blue Trust Inc. now owns 833 shares of the company’s stock worth $31,000 after purchasing an additional 374 shares during the period. Richardson Financial Services Inc. raised its holdings in Perdoceo Education by 166.2% during the 3rd quarter. Richardson Financial Services Inc. now owns 836 shares of the company’s stock worth $31,000 after purchasing an additional 522 shares during the last quarter. Global Retirement Partners LLC lifted its position in 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 purchasing an additional 384 shares during the period. Finally, GAMMA Investing LLC lifted its position in Perdoceo Education by 59.0% during the 3rd quarter. GAMMA Investing LLC now owns 1,776 shares of the company’s stock valued at $67,000 after purchasing an additional 659 shares during the period. 93.46% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

PRDO has been the subject of a number of recent research reports. Barrington Research reissued an “outperform” rating and set a $42.00 price target on shares of Perdoceo Education in a research note on Monday, January 5th. Wall Street Zen lowered shares of Perdoceo Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 12th. Finally, Weiss Ratings reiterated 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 MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $42.00.

Perdoceo Education Stock Up 0.8%

Perdoceo Education stock opened at $32.03 on Friday. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 13.69, a PEG ratio of 0.76 and a beta of 0.92. The company’s 50 day simple moving average is $30.01 and its 200 day simple moving average is $31.84. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.47 and a quick ratio of 4.45. Perdoceo Education Corporation has a fifty-two week low of $23.87 and a fifty-two week high of $38.02.

Perdoceo Education (NASDAQ:PRDO) last issued its earnings results on Tuesday, November 4th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.61 by $0.04. The firm had revenue of $211.87 million during the quarter, compared to the consensus estimate of $207.02 million. Perdoceo Education had a net margin of 19.24% and a return on equity of 17.22%. The business’s quarterly revenue was up 24.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.57 earnings per share. 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 EPS for the current year.

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.