DeVry Education Group Inc. (NYSE:DV) will be releasing its earnings data after the market closes on Thursday, October 20th. Analysts expect DeVry Education Group to post earnings of $0.41 per share for the quarter.
DeVry Education Group (NYSE:DV) last posted its quarterly earnings data on Thursday, August 18th. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.05. The firm earned $471.70 million during the quarter, compared to analysts’ expectations of $461.90 million. DeVry Education Group had a positive return on equity of 10.31% and a negative net margin of 0.17%. The firm’s quarterly revenue was down .3% compared to the same quarter last year. During the same quarter last year, the business posted $0.57 EPS. On average, analysts expect DeVry Education Group to post $2.54 EPS for the current fiscal year and $2.77 EPS for the next fiscal year.
Shares of DeVry Education Group Inc. (NYSE:DV) opened at 22.39 on Tuesday. DeVry Education Group Inc. has a 52-week low of $15.36 and a 52-week high of $29.60. The stock’s market cap is $1.40 billion. The company’s 50-day moving average price is $22.88 and its 200-day moving average price is $20.22.
A number of research analysts recently commented on the company. Credit Suisse Group AG set a $24.00 price objective on DeVry Education Group and gave the stock a “hold” rating in a research note on Sunday, October 2nd. Barrington Research lowered DeVry Education Group from an “outperform” rating to a “market perform” rating in a research report on Monday, August 15th. Zacks Investment Research upgraded DeVry Education Group from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research report on Monday. Finally, Piper Jaffray Cos. reiterated an “overweight” rating and set a $35.00 price target on shares of DeVry Education Group in a research report on Sunday, August 21st. One analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. DeVry Education Group currently has a consensus rating of “Hold” and an average price target of $23.88.
In related news, SVP Gregory S. Davis sold 1,366 shares of the company’s stock in a transaction on Friday, August 19th. The stock was sold at an average price of $24.00, for a total transaction of $32,784.00. Following the transaction, the senior vice president now directly owns 16,480 shares of the company’s stock, valued at $395,520. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ronald L. Taylor sold 1,400 shares of the company’s stock in a transaction on Monday, August 22nd. The shares were sold at an average price of $25.51, for a total value of $35,714.00. Following the transaction, the director now directly owns 739,799 shares in the company, valued at $18,872,272.49. The disclosure for this sale can be found here. 5.61% of the stock is owned by insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fairpointe Capital LLC raised its position in DeVry Education Group by 29.3% in the second quarter. Fairpointe Capital LLC now owns 6,702,180 shares of the company’s stock valued at $119,566,000 after buying an additional 1,520,615 shares during the last quarter. BlackRock Fund Advisors raised its position in DeVry Education Group by 2.0% in the second quarter. BlackRock Fund Advisors now owns 2,951,676 shares of the company’s stock valued at $52,658,000 after buying an additional 57,573 shares during the last quarter. BlackRock Institutional Trust Company N.A. raised its position in DeVry Education Group by 2.9% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 1,747,382 shares of the company’s stock valued at $31,173,000 after buying an additional 49,231 shares during the last quarter. AQR Capital Management LLC raised its position in DeVry Education Group by 231.2% in the second quarter. AQR Capital Management LLC now owns 517,913 shares of the company’s stock valued at $9,240,000 after buying an additional 361,561 shares during the last quarter. Finally, Parametric Portfolio Associates LLC raised its position in DeVry Education Group by 77.3% in the second quarter. Parametric Portfolio Associates LLC now owns 147,000 shares of the company’s stock valued at $2,622,000 after buying an additional 64,098 shares during the last quarter.
About DeVry Education Group
DeVry Education Group Inc (DeVry Group) is a provider of educational services. DeVry Group’s institutions offer an array of programs in business, healthcare and technology, and serve students in postsecondary education as well as accounting and finance professionals. DeVry Group operates through three segments: Business, Technology and Management, Medical and Healthcare, and International and Professional Education.
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