Elo Mutual Pension Insurance Co has made a significant investment in Perdoceo Education Corporation, acquiring a new stake valued at approximately $484,000. According to a recent filing with the Securities and Exchange Commission, the firm purchased 14,805 shares of the company’s stock in the second quarter.
This move comes as part of a broader trend among institutional investors, with several hedge funds adjusting their positions in Perdoceo Education. Notably, LSV Asset Management increased its stake by 1.5% in the first quarter, bringing its total holdings to 1,874,274 shares valued at $47.2 million. Similarly, American Century Companies Inc. raised its position by 1.5% during the second quarter, now owning 1,820,262 shares worth $59.5 million.
Goldman Sachs Group Inc. made a substantial move by increasing its position by 49.7% in the first quarter, acquiring an additional 513,599 shares. Millennium Management LLC also boosted its holdings by 48.9%, now owning 1,297,465 shares valued at $32.67 million. Northern Trust Corp grew its stake by 16.6%, holding 1,064,875 shares worth $26.81 million. Collectively, institutional investors now hold 93.46% of the company’s stock.
Analyst Ratings and Insider Activity
Perdoceo Education has been the subject of multiple analyst reports recently. Barrington Research reaffirmed an “outperform” rating with a target price of $42.00 per share on November 5. Wall Street Zen lowered its rating from “strong-buy” to “buy” on November 12, while Weiss Ratings maintained a “buy (b)” rating as of October 8. Currently, two research analysts rate the stock as a Buy, with a consensus price target of $42.00, according to MarketBeat.com.
In related news, insider transactions have also been notable. Senior Vice President Elise Baskel sold 21,212 shares on September 12 at an average price of $35.00, totaling $742,420. Following the transaction, Baskel retained 72,142 shares valued at approximately $2.52 million, marking a 22.72% reduction in her ownership.
Additionally, CEO Todd S. Nelson divested 40,000 shares on September 17 at an average price of $35.17, resulting in proceeds of $1.41 million. After this sale, Nelson holds 524,047 shares, valued at $18.43 million, reflecting a 7.09% decrease in ownership. In total, company insiders have sold 101,212 shares worth $3.54 million over the past 90 days, with insiders currently owning 2.11% of the stock.
Company Performance and Future Outlook
As of the latest trading session, Perdoceo Education opened at $27.96. The company boasts a market capitalization of $1.80 billion, a P/E ratio of 12.10, and a PEG ratio of 0.92. Financial metrics indicate a strong liquidity position, with a current ratio of 4.27 and a quick ratio of 4.26, alongside a minimal debt-to-equity ratio of 0.01. Over the past year, the stock has fluctuated between a low of $23.87 and a high of $38.02.
Perdoceo Education recently reported quarterly earnings on November 4, revealing earnings per share (EPS) of $0.65, surpassing analyst estimates of $0.61 by $0.04. The company generated revenue of $211.87 million, exceeding the consensus estimate of $207.02 million and reflecting a 24.8% increase from the previous year. For the fourth quarter of 2025, Perdoceo Education has provided guidance of $0.530-$0.550 EPS, with full-year guidance set at $2.540-$2.560 EPS. Analysts predict an EPS of 2.41 for the current fiscal year.
Adding to its investor appeal, Perdoceo Education announced a quarterly dividend of $0.15 per share, to be paid on December 12. The dividend is issued to shareholders on record as of November 28, representing an annualized dividend of $0.60 and a yield of 2.1%. The company’s dividend payout ratio stands at 25.64%.
Perdoceo Education Corporation provides comprehensive postsecondary education through a range of online, campus-based, and blended learning programs across the United States. The organization operates primarily through two segments: Colorado Technical University and The American InterContinental University System, offering diverse academic programs in business management, nursing, computer science, and more.
