Jefferies Financial Group Inc. purchased a new stake in Perdoceo Education Corporation (NASDAQ:PRDO – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 76,600 shares of the company’s stock, valued at approximately $2,451,000. Jefferies Financial Group Inc. owned 0.12% of Perdoceo Education at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Fifth Third Bancorp increased its position in shares of Perdoceo Education by 108.2% during the fourth quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock valued at $28,000 after acquiring an additional 504 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new position in Perdoceo Education in the second quarter valued at $38,000. IFP Advisors Inc grew its position in shares of Perdoceo Education by 34.6% during the fourth quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock worth $40,000 after buying an additional 350 shares in the last quarter. Rockefeller Capital Management L.P. increased its position in shares of Perdoceo Education by 48.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company’s stock valued at $63,000 after purchasing an additional 699 shares during the last quarter. Finally, Mcguire Capital Advisors Inc. purchased a new position in Perdoceo Education in the fourth quarter valued at $69,000. 93.46% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on PRDO shares. Barrington Research set a $44.00 price objective on shares of Perdoceo Education in a report on Friday, May 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a research report on Friday, July 17th. Finally, Wall Street Zen downgraded Perdoceo Education from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.00.
Perdoceo Education Stock Performance
Shares of PRDO opened at $33.57 on Friday. The company has a market capitalization of $2.10 billion, a price-to-earnings ratio of 12.25, a PEG ratio of 0.72 and a beta of 0.71. The company’s 50 day simple moving average is $32.89 and its 200 day simple moving average is $33.80. Perdoceo Education Corporation has a 1 year low of $26.66 and a 1 year high of $38.50.
Perdoceo Education (NASDAQ:PRDO – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The firm had revenue of $213.35 million during the quarter, compared to analysts’ expectations of $212.50 million. Perdoceo Education had a net margin of 20.62% and a return on equity of 18.93%. Perdoceo Education’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.67 EPS. Perdoceo Education has set its Q3 2026 guidance at 0.730-0.740 EPS and its FY 2026 guidance at 3.100-3.160 EPS. Equities analysts expect that Perdoceo Education Corporation will post 3.13 EPS for the current fiscal year.
Perdoceo Education Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Tuesday, September 1st will be paid a $0.17 dividend. The ex-dividend date is Tuesday, September 1st. This is an increase from Perdoceo Education’s previous quarterly dividend of $0.15. This represents a $0.68 annualized dividend and a yield of 2.0%. Perdoceo Education’s payout ratio is currently 21.90%.
Insider Activity
In other Perdoceo Education news, Director Kenda B. Gonzales sold 9,308 shares of Perdoceo Education stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $34.79, for a total value of $323,825.32. Following the transaction, the director owned 48,158 shares in the company, valued at $1,675,416.82. This trade represents a 16.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman Gregory L. Jackson sold 11,271 shares of the business’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $31.78, for a total transaction of $358,192.38. Following the sale, the chairman directly owned 64,949 shares of the company’s stock, valued at $2,064,079.22. This represents a 14.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.46% of the company’s stock.
Perdoceo Education Company 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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