Clifford Capital Partners LLC lessened its stake in shares of Perdoceo Education Corporation (NASDAQ:PRDO – Free Report) by 18.0% in the third quarter, Holdings Channel.com reports. The fund owned 548,381 shares of the company’s stock after selling 120,526 shares during the quarter. Perdoceo Education comprises about 3.6% of Clifford Capital Partners LLC’s holdings, making the stock its 11th biggest position. Clifford Capital Partners LLC’s holdings in Perdoceo Education were worth $20,652,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cresset Asset Management LLC acquired a new position in Perdoceo Education in the 2nd quarter worth approximately $2,453,000. Summit Global Investments purchased a new position in shares of Perdoceo Education during the 3rd quarter valued at $1,422,000. Envestnet Asset Management Inc. increased its position in Perdoceo Education by 215.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 190,888 shares of the company’s stock worth $7,189,000 after purchasing an additional 130,321 shares during the last quarter. Exchange Traded Concepts LLC increased its holdings in Perdoceo Education by 47.5% in the third quarter. Exchange Traded Concepts LLC now owns 159,764 shares of the company’s stock worth $6,017,000 after buying an additional 51,472 shares during the last quarter. Finally, Copeland Capital Management LLC acquired a new position in shares of Perdoceo Education during the 3rd quarter worth $35,497,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on PRDO shares. Barrington Research restated an “outperform” rating and issued a $42.00 price objective on shares of Perdoceo Education in a research note on Monday, January 5th. Weiss Ratings restated a “buy (b)” rating on shares of Perdoceo Education in a research note on Thursday, January 22nd. Finally, Zacks Research upgraded shares of Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $42.00.
Perdoceo Education Stock Performance
NASDAQ PRDO opened at $35.78 on Friday. Perdoceo Education Corporation has a 1-year low of $24.05 and a 1-year high of $38.02. The company has a 50 day moving average of $32.35 and a 200-day moving average of $32.31. The company has a current ratio of 5.06, a quick ratio of 5.03 and a debt-to-equity ratio of 0.04. The firm has a market cap of $2.24 billion, a price-to-earnings ratio of 14.85, a PEG ratio of 0.78 and a beta of 0.89.
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last announced its earnings results on Thursday, February 19th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.54 by $0.05. The business had revenue of $211.64 million for the quarter, compared to the consensus estimate of $209.95 million. Perdoceo Education had a return on equity of 17.59% and a net margin of 18.90%.Perdoceo Education’s revenue was up 20.0% compared to the same quarter last year. During the same period in the previous year, the business earned $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. On average, equities analysts forecast that Perdoceo Education Corporation will post 2.41 earnings per share for the current fiscal year.
Perdoceo Education Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Monday, March 2nd were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 1.7%. Perdoceo Education’s payout ratio is currently 24.90%.
Insider Activity at Perdoceo Education
In other news, SVP David C. Czeszewski sold 36,225 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $32.81, for a total transaction of $1,188,542.25. Following the sale, the senior vice president owned 68,875 shares in the company, valued at approximately $2,259,788.75. This represents a 34.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.11% of the company’s stock.
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.
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