Rothschild Investment LLC Has $2.26 Million Stock Position in Perdoceo Education Co. (NASDAQ:PRDO)

Rothschild Investment LLC boosted its position in shares of Perdoceo Education Co. (NASDAQ:PRDO - Free Report) by 360.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 85,250 shares of the company's stock after acquiring an additional 66,751 shares during the period. Rothschild Investment LLC owned approximately 0.13% of Perdoceo Education worth $2,257,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PRDO. Blue Trust Inc. increased its holdings in Perdoceo Education by 38.7% in the 3rd quarter. Blue Trust Inc. now owns 1,762 shares of the company's stock valued at $38,000 after buying an additional 492 shares during the period. Farther Finance Advisors LLC increased its stake in Perdoceo Education by 3,465.3% in the third quarter. Farther Finance Advisors LLC now owns 6,275 shares of the company's stock valued at $140,000 after acquiring an additional 6,099 shares during the period. Assetmark Inc. increased its stake in Perdoceo Education by 8.1% in the third quarter. Assetmark Inc. now owns 97,626 shares of the company's stock valued at $2,171,000 after acquiring an additional 7,328 shares during the period. Atria Investments Inc acquired a new position in Perdoceo Education in the third quarter worth about $234,000. Finally, Victory Capital Management Inc. lifted its stake in Perdoceo Education by 71.3% during the third quarter. Victory Capital Management Inc. now owns 73,819 shares of the company's stock worth $1,642,000 after purchasing an additional 30,725 shares during the period. 93.46% of the stock is currently owned by institutional investors.

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Perdoceo Education Price Performance

PRDO stock traded up $0.46 during trading on Friday, hitting $25.60. 578,317 shares of the stock traded hands, compared to its average volume of 439,500. The stock has a market cap of $1.69 billion, a price-to-earnings ratio of 11.64, a P/E/G ratio of 0.75 and a beta of 1.06. Perdoceo Education Co. has a one year low of $16.56 and a one year high of $29.84. The company has a current ratio of 4.84, a quick ratio of 5.45 and a debt-to-equity ratio of 0.01. The company has a 50 day simple moving average of $27.25 and a 200 day simple moving average of $24.85.

Perdoceo Education (NASDAQ:PRDO - Get Free Report) last posted its earnings results on Tuesday, February 18th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. Perdoceo Education had a net margin of 21.66% and a return on equity of 16.85%. The company had revenue of $176.43 million during the quarter, compared to analysts' expectations of $160.12 million. Equities analysts expect that Perdoceo Education Co. will post 2.41 EPS for the current fiscal year.

Perdoceo Education Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Saturday, March 1st will be given a dividend of $0.13 per share. The ex-dividend date is Friday, February 28th. This represents a $0.52 annualized dividend and a yield of 2.03%. Perdoceo Education's dividend payout ratio (DPR) is 23.64%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PRDO. StockNews.com raised Perdoceo Education from a "buy" rating to a "strong-buy" rating in a report on Tuesday, February 11th. Barrington Research increased their price objective on Perdoceo Education from $32.00 to $35.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 19th.

Insider Buying and Selling

In related news, SVP John Robert Kline sold 12,148 shares of Perdoceo Education stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $25.79, for a total value of $313,296.92. Following the completion of the sale, the senior vice president now directly owns 130,405 shares in the company, valued at $3,363,144.95. This trade represents a 8.52 % decrease in their ownership of the stock. 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 12,472 shares of the business's stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $26.29, for a total transaction of $327,888.88. Following the sale, the chief executive officer now directly owns 615,697 shares of the company's stock, valued at approximately $16,186,674.13. This trade represents a 1.99 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.81% of the stock is owned by corporate insiders.

Perdoceo Education Profile

Perdoceo Education Corporation provides postsecondary education through online, campus-based, and blended learning programs in the United States. It operates in two segments, Colorado Technical University and The American InterContinental University System. The Colorado Technical University segment offers academic programs, such as business and management, nursing, healthcare management, computer science, engineering, information systems and technology, project management, cybersecurity, and criminal justice.