Seizert Capital Partners LLC Decreases Stock Holdings in Perdoceo Education Corporation $PRDO

Seizert Capital Partners LLC reduced its holdings in shares of Perdoceo Education Corporation (NASDAQ:PRDO) by 70.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 47,479 shares of the company’s stock after selling 114,568 shares during the quarter. Seizert Capital Partners LLC’s holdings in Perdoceo Education were worth $1,552,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in Perdoceo Education by 2.2% during the second quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 17,037 shares of the company’s stock valued at $557,000 after buying an additional 361 shares during the period. AlphaQuest LLC boosted its stake in Perdoceo Education by 4.7% in the first quarter. AlphaQuest LLC now owns 8,976 shares of the company’s stock valued at $226,000 after acquiring an additional 399 shares during the last quarter. Equitable Trust Co. boosted its stake in Perdoceo Education by 3.3% in the second quarter. Equitable Trust Co. now owns 14,024 shares of the company’s stock valued at $458,000 after acquiring an additional 451 shares during the last quarter. SummerHaven Investment Management LLC grew its position in shares of Perdoceo Education by 1.6% during the 2nd quarter. SummerHaven Investment Management LLC now owns 37,194 shares of the company’s stock valued at $1,216,000 after acquiring an additional 570 shares during the period. Finally, IFP Advisors Inc purchased a new stake in shares of Perdoceo Education during the 1st quarter worth approximately $25,000. Institutional investors own 93.46% of the company’s stock.

Insider Activity

In other Perdoceo Education news, Chairman Gregory L. Jackson sold 4,568 shares of the stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $32.50, for a total value of $148,460.00. Following the sale, the chairman directly owned 60,962 shares in the company, valued at $1,981,265. This represents a 6.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Elise Baskel sold 21,212 shares of the firm’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $35.00, for a total transaction of $742,420.00. Following the completion of the transaction, the senior vice president directly owned 72,142 shares of the company’s stock, valued at approximately $2,524,970. The trade was a 22.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 152,575 shares of company stock worth $5,241,561. Insiders own 2.11% of the company’s stock.

Perdoceo Education Stock Down 1.6%

Perdoceo Education stock opened at $29.64 on Wednesday. The firm has a 50 day simple moving average of $34.42 and a 200 day simple moving average of $32.48. The company has a current ratio of 4.27, a quick ratio of 4.26 and a debt-to-equity ratio of 0.01. Perdoceo Education Corporation has a 1-year low of $23.87 and a 1-year high of $38.02. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of 12.83, a P/E/G ratio of 0.92 and a beta of 0.84.

Perdoceo Education (NASDAQ:PRDO) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.04. The firm had revenue of $211.87 million during the quarter, compared to analyst estimates of $207.02 million. Perdoceo Education had a return on equity of 17.13% and a net margin of 20.09%.The business’s revenue for the quarter was up 24.8% on a year-over-year basis. During the same period last year, the company earned $0.57 earnings per share. Perdoceo Education has set its Q4 2025 guidance at 0.530-0.550 EPS. FY 2025 guidance at 2.540-2.560 EPS. On average, analysts predict that Perdoceo Education Corporation will post 2.41 earnings per share for the current year.

Perdoceo Education Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 12th. Investors of record on Friday, November 28th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, November 28th. This represents a $0.60 annualized dividend and a yield of 2.0%. Perdoceo Education’s payout ratio is currently 25.64%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Perdoceo Education in a research note on Wednesday, October 8th. Wall Street Zen lowered Perdoceo Education from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, November 12th. Finally, Barrington Research reiterated an “outperform” rating and set a $42.00 price target on shares of Perdoceo Education in a research note on Wednesday, November 5th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $42.00.

About Perdoceo Education

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.