Bridgepoint Education Inc. (BPI) Trading Up 4.3%
Bridgepoint Education Inc. (NYSE:BPI) shares were up 4.3% on Monday . The company traded as high as $7.58 and last traded at $7.44, with a volume of 55,654 shares trading hands. The stock had previously closed at $7.13.
A number of research analysts have recently weighed in on BPI shares. TheStreet raised shares of Bridgepoint Education from a “sell” rating to a “hold” rating in a research report on Wednesday, April 20th. Zacks Investment Research downgraded shares of Bridgepoint Education from a “buy” rating to a “hold” rating in a research report on Friday, May 6th.
The firm’s 50-day moving average price is $7.36 and its 200-day moving average price is $8.04. The company’s market capitalization is $358.28 million.
An institutional investor recently raised its position in Bridgepoint Education stock. Schroder Investment Management Group raised its stake in Bridgepoint Education Inc. (NYSE:BPI) by 19.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 476,137 shares of the company’s stock after buying an additional 77,219 shares during the period. Schroder Investment Management Group owned about 1.04% of Bridgepoint Education worth $3,623,000 at the end of the most recent reporting period.
Bridgepoint Education, Inc (Bridgepoint) is a provider of postsecondary education services. The Company’s academic institutions include Ashford University and University of the Rockies, which offer associate’s, bachelor’s, master’s and doctoral programs online, as well as at the campuses located in Iowa and Colorado, respectively.
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