First Trust Advisors LP Has $98.93 Million Stake in Perdoceo Education Corporation $PRDO

First Trust Advisors LP reduced its stake in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 5.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,626,971 shares of the company’s stock after selling 152,292 shares during the quarter. First Trust Advisors LP’s holdings in Perdoceo Education were worth $98,932,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of PRDO. Royal Bank of Canada raised its position in Perdoceo Education by 19.2% in the 1st quarter. Royal Bank of Canada now owns 10,663 shares of the company’s stock worth $269,000 after purchasing an additional 1,717 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Perdoceo Education by 2.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,278 shares of the company’s stock worth $1,417,000 after buying an additional 1,235 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Perdoceo Education by 49.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,547,405 shares of the company’s stock valued at $38,964,000 after buying an additional 513,599 shares during the last quarter. Jane Street Group LLC boosted its position in Perdoceo Education by 117.5% in the 1st quarter. Jane Street Group LLC now owns 267,312 shares of the company’s stock valued at $6,731,000 after buying an additional 144,395 shares during the last quarter. Finally, Los Angeles Capital Management LLC increased its stake in shares of Perdoceo Education by 4.9% in the 2nd quarter. Los Angeles Capital Management LLC now owns 28,211 shares of the company’s stock valued at $922,000 after buying an additional 1,310 shares during the period. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Transactions at Perdoceo Education

In other news, SVP David C. Czeszewski sold 36,225 shares of the business’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $32.81, for a total transaction 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. The trade was a 34.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Barrington Research restated an “outperform” rating and set a $42.00 target price on shares of Perdoceo Education in a research report on Monday, January 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a research report on Thursday, January 22nd. Wall Street Zen cut Perdoceo Education from a “strong-buy” rating to a “buy” rating in a report on Wednesday, November 12th. Finally, Zacks Research upgraded shares of Perdoceo Education from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. One analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $42.00.

Perdoceo Education Stock Performance

Shares of Perdoceo Education stock opened at $34.62 on Tuesday. The firm has a fifty day moving average of $31.92 and a two-hundred day moving average of $32.25. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 14.37, a PEG ratio of 0.75 and a beta of 0.89. Perdoceo Education Corporation has a 52 week low of $23.87 and a 52 week high of $38.02. The company has a debt-to-equity ratio of 0.04, a quick ratio of 5.03 and a current ratio of 5.06.

Perdoceo Education (NASDAQ:PRDO) last posted its quarterly earnings results on Thursday, February 19th. The company reported $0.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.05. Perdoceo Education had a return on equity of 17.59% and a net margin of 18.90%.The business had revenue of $211.64 million for the quarter, compared to analyst estimates of $209.95 million. During the same period last year, the company earned $0.50 EPS. The firm’s revenue was up 20.0% on a year-over-year basis. Perdoceo Education has set its Q1 2026 guidance at 0.830-0.850 EPS and its FY 2026 guidance at 2.970-3.120 EPS. As a group, equities research analysts predict that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 13th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, March 2nd. This represents a $0.60 dividend on an annualized basis and a yield of 1.7%. Perdoceo Education’s dividend payout ratio (DPR) is 24.90%.

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.