LSV Asset Management Cuts Holdings in Perdoceo Education Corporation $PRDO

LSV Asset Management lessened its stake in Perdoceo Education Corporation (NASDAQ:PRDO) by 1.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,683,894 shares of the company’s stock after selling 27,169 shares during the quarter. LSV Asset Management’s holdings in Perdoceo Education were worth $49,389,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of PRDO. CBIZ Investment Advisory Services LLC purchased a new position in Perdoceo Education in the 3rd quarter worth approximately $25,000. Salomon & Ludwin LLC grew its stake in Perdoceo Education by 72.6% in the 4th quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock worth $25,000 after buying an additional 341 shares in the last quarter. Fifth Third Bancorp boosted its stake in shares of Perdoceo Education by 108.2% in the 4th quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock valued at $28,000 after purchasing an additional 504 shares in the last quarter. IFP Advisors Inc boosted its stake in shares of Perdoceo Education by 34.6% in the 4th quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock valued at $40,000 after purchasing an additional 350 shares in the last quarter. Finally, KBC Group NV boosted its stake in shares of Perdoceo Education by 52.4% in the 4th quarter. KBC Group NV now owns 2,654 shares of the company’s stock valued at $78,000 after purchasing an additional 913 shares in the last quarter. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Perdoceo Education Price Performance

Shares of PRDO opened at $33.98 on Monday. The stock has a market capitalization of $2.13 billion, a P/E ratio of 13.02, a PEG ratio of 0.73 and a beta of 0.73. The firm has a fifty day simple moving average of $35.38 and a two-hundred day simple moving average of $32.43. Perdoceo Education Corporation has a twelve month low of $26.66 and a twelve month high of $38.50.

Perdoceo Education (NASDAQ:PRDO) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.90 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.06. The business had revenue of $221.74 million during the quarter, compared to analysts’ expectations of $218.40 million. Perdoceo Education had a net margin of 19.91% and a return on equity of 18.51%. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.70 EPS. Perdoceo Education has set its FY 2026 guidance at 3.050-3.160 EPS and its Q2 2026 guidance at 0.790-0.800 EPS. Sell-side analysts expect that Perdoceo Education Corporation will post 3.11 EPS for the current fiscal year.

Perdoceo Education Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Monday, June 1st will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, June 1st. This represents a $0.60 annualized dividend and a yield of 1.8%. Perdoceo Education’s dividend payout ratio is presently 22.99%.

Insiders Place Their Bets

In other Perdoceo Education news, SVP David C. Czeszewski sold 36,225 shares of the company’s stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $32.81, for a total value of $1,188,542.25. Following the completion of the transaction, the senior vice president directly owned 68,875 shares in the company, valued at approximately $2,259,788.75. This represents a 34.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Todd S. Nelson sold 40,000 shares of the company’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $35.24, for a total transaction of $1,409,600.00. Following the completion of the transaction, the chief executive officer owned 392,368 shares of the company’s stock, valued at $13,827,048.32. This trade represents a 9.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 235,438 shares of company stock worth $8,286,247. Company insiders own 1.46% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on PRDO. Zacks Research cut shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Barrington Research set a $44.00 price objective on shares of Perdoceo Education in a research note on Friday, May 8th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $44.00.

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.