Janney Montgomery Scott LLC decreased its position in Bridgepoint Education Inc (NYSE:BPI) by 49.6% in the first quarter, HoldingsChannel.com reports. The firm owned 33,205 shares of the company’s stock after selling 32,683 shares during the period. Janney Montgomery Scott LLC’s holdings in Bridgepoint Education were worth $203,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Nantahala Capital Management LLC boosted its holdings in shares of Bridgepoint Education by 21.6% in the fourth quarter. Nantahala Capital Management LLC now owns 2,348,865 shares of the company’s stock valued at $16,466,000 after purchasing an additional 416,731 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Bridgepoint Education by 0.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,246,419 shares of the company’s stock valued at $15,747,000 after purchasing an additional 12,020 shares during the period. Vanguard Group Inc. boosted its holdings in shares of Bridgepoint Education by 1.1% in the third quarter. Vanguard Group Inc. now owns 1,216,242 shares of the company’s stock valued at $12,357,000 after purchasing an additional 13,355 shares during the period. Vanguard Group Inc boosted its holdings in shares of Bridgepoint Education by 1.1% in the third quarter. Vanguard Group Inc now owns 1,216,242 shares of the company’s stock valued at $12,357,000 after purchasing an additional 13,355 shares during the period. Finally, D. E. Shaw & Co. Inc. boosted its holdings in shares of Bridgepoint Education by 1.6% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 1,215,973 shares of the company’s stock valued at $8,524,000 after purchasing an additional 19,143 shares during the period. Hedge funds and other institutional investors own 81.06% of the company’s stock.

Bridgepoint Education stock opened at $4.10 on Friday. The company has a quick ratio of 1.83, a current ratio of 1.83 and a debt-to-equity ratio of 0.07. The firm has a market cap of $113.03 million, a price-to-earnings ratio of 8.72, a P/E/G ratio of 2.37 and a beta of 2.16. Bridgepoint Education Inc has a twelve month low of $5.31 and a twelve month high of $13.63.

Bridgepoint Education (NYSE:BPI) last posted its earnings results on Tuesday, March 12th. The company reported ($0.23) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.11). The company had revenue of $94.71 million for the quarter, compared to analysts’ expectations of $102.20 million. Bridgepoint Education had a return on equity of 12.26% and a net margin of 2.32%. Analysts anticipate that Bridgepoint Education Inc will post 0.27 earnings per share for the current fiscal year.

BPI has been the subject of a number of research reports. ValuEngine lowered Bridgepoint Education from a “sell” rating to a “strong sell” rating in a report on Thursday, March 7th. Zacks Investment Research upgraded Bridgepoint Education from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a report on Thursday, February 14th.

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About Bridgepoint Education

Bridgepoint Education, Inc, together with its subsidiaries, provides postsecondary education services in the United States. Its academic institutions, Ashford University and University of the Rockies, offer associate's, bachelor's, master's, and doctoral degree programs in the disciplines of business, education, psychology, social sciences, and health sciences.

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Institutional Ownership by Quarter for Bridgepoint Education (NYSE:BPI)

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