Segall Bryant & Hamill LLC Takes $858,000 Position in Phoenix Education Partners, Inc. $PXED

Segall Bryant & Hamill LLC acquired a new position in shares of Phoenix Education Partners, Inc. (NYSE:PXED) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 27,261 shares of the company’s stock, valued at approximately $858,000. Segall Bryant & Hamill LLC owned about 0.08% of Phoenix Education Partners at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Van Berkom & Associates Inc. bought a new position in Phoenix Education Partners in the fourth quarter worth about $44,774,000. Massachusetts Financial Services Co. MA purchased a new stake in shares of Phoenix Education Partners during the fourth quarter valued at about $21,681,000. Wellington Management Group LLP bought a new stake in shares of Phoenix Education Partners in the 4th quarter valued at about $10,559,000. Alyeska Investment Group L.P. bought a new stake in shares of Phoenix Education Partners in the 4th quarter valued at about $7,989,000. Finally, FIL Ltd purchased a new position in shares of Phoenix Education Partners in the 4th quarter worth approximately $7,575,000.

Wall Street Analysts Forecast Growth

PXED has been the subject of a number of analyst reports. Weiss Ratings raised shares of Phoenix Education Partners from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 14th. B. Riley Financial cut their price target on shares of Phoenix Education Partners from $54.00 to $51.00 and set a “buy” rating on the stock in a report on Tuesday, July 21st. Wall Street Zen downgraded Phoenix Education Partners from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. Barrington Research reiterated an “outperform” rating and set a $45.00 price objective on shares of Phoenix Education Partners in a report on Tuesday, May 19th. Finally, Morgan Stanley restated an “overweight” rating and set a $40.00 target price on shares of Phoenix Education Partners in a research note on Wednesday, July 15th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Phoenix Education Partners presently has a consensus rating of “Moderate Buy” and an average target price of $41.60.

Phoenix Education Partners Trading Up 2.4%

NYSE:PXED opened at $30.13 on Thursday. The company has a market capitalization of $1.09 billion and a P/E ratio of 14.02. The company has a current ratio of 1.91, a quick ratio of 1.92 and a debt-to-equity ratio of 0.17. Phoenix Education Partners, Inc. has a 12 month low of $23.52 and a 12 month high of $47.08. The firm has a fifty day simple moving average of $31.16 and a 200-day simple moving average of $30.01.

Phoenix Education Partners (NYSE:PXED) last released its earnings results on Tuesday, July 14th. The company reported $1.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.15. The firm had revenue of $271.80 million for the quarter. Phoenix Education Partners had a return on equity of 60.06% and a net margin of 8.18%. On average, equities research analysts anticipate that Phoenix Education Partners, Inc. will post 4.46 earnings per share for the current year.

Phoenix Education Partners Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Wednesday, July 29th will be issued a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, July 29th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.8%. Phoenix Education Partners’s dividend payout ratio is currently 39.07%.

About Phoenix Education Partners

Our Mission To provide access to higher education opportunities that enable students to develop the knowledge and skills necessary to achieve their professional goals, improve the performance of their organizations and provide leadership and service to their communities. We are a mission-driven organization operating at the forefront of the rapidly evolving post-secondary education market. As one of the largest online education providers and a pioneer in our field, we benefit from the dynamic interplay between technological innovation, education, employment and economic trends.