Perdoceo Education Corporation $PRDO is Callodine Capital Management LP’s 9th Largest Position

Callodine Capital Management LP grew its position in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 36.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,316,540 shares of the company’s stock after acquiring an additional 352,850 shares during the quarter. Perdoceo Education comprises 3.4% of Callodine Capital Management LP’s portfolio, making the stock its 9th biggest position. Callodine Capital Management LP’s holdings in Perdoceo Education were worth $48,988,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC raised its holdings in shares of Perdoceo Education by 72.6% in the 4th quarter. Salomon & Ludwin LLC now owns 811 shares of the company’s stock worth $25,000 after purchasing an additional 341 shares during the period. Fifth Third Bancorp grew its holdings in shares of Perdoceo Education by 108.2% during the 4th quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock worth $28,000 after purchasing an additional 504 shares during the period. IFP Advisors Inc grew its holdings in shares of Perdoceo Education by 34.6% during the 4th quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock worth $40,000 after purchasing an additional 350 shares during the period. Rockefeller Capital Management L.P. increased its position in Perdoceo Education by 48.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company’s stock worth $63,000 after purchasing an additional 699 shares in the last quarter. Finally, Mcguire Capital Advisors Inc. acquired a new stake in Perdoceo Education during the 4th quarter worth approximately $69,000. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Perdoceo Education news, Director Patrick W. Gross sold 3,647 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $34.98, for a total value of $127,572.06. Following the completion of the sale, the director owned 114,970 shares of the company’s stock, valued at $4,021,650.60. This trade represents a 3.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michele A. Peppers sold 14,000 shares of Perdoceo Education stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $34.50, for a total transaction of $483,000.00. Following the sale, the insider owned 35,748 shares in the company, valued at $1,233,306. This represents a 28.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 38,270 shares of company stock worth $1,336,193 in the last 90 days. 1.46% of the stock is owned by insiders.

Perdoceo Education Price Performance

Shares of PRDO opened at $30.36 on Friday. The stock’s 50-day moving average is $33.33 and its two-hundred day moving average is $33.65. The stock has a market cap of $1.90 billion, a PE ratio of 11.63, a P/E/G ratio of 0.65 and a beta of 0.70. Perdoceo Education Corporation has a 12 month low of $26.66 and a 12 month high of $38.50.

Perdoceo Education (NASDAQ:PRDO) last issued its earnings results on Thursday, May 7th. The company reported $0.90 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.06. Perdoceo Education had a return on equity of 18.51% and a net margin of 19.91%.The company had revenue of $221.74 million during the quarter, compared to the consensus estimate of $218.40 million. During the same quarter in the prior year, the business earned $0.70 earnings per share. The company’s revenue was up 4.1% compared to the same quarter last year. Perdoceo Education has set its FY 2026 guidance at 3.050-3.160 EPS and its Q2 2026 guidance at 0.790-0.800 EPS. On average, research analysts anticipate that Perdoceo Education Corporation will post 3.11 earnings per share for the current year.

Perdoceo Education Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Monday, June 1st were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Monday, June 1st. Perdoceo Education’s dividend payout ratio is currently 22.99%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Perdoceo Education in a research report on Friday, July 17th. Zacks Research lowered shares of Perdoceo Education from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Barrington Research set a $44.00 price objective on shares of Perdoceo Education in a research report on Friday, May 8th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $44.00.

Perdoceo Education 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.