Bridgepoint Education Inc. (NYSE:BPI) shares dropped 3.8% on Tuesday . The company traded as low as $7.54 and last traded at $7.54, with a volume of 73,040 shares traded. The stock had previously closed at $7.84.

BPI has been the subject of a number of research analyst reports. Zacks Investment Research lowered shares of Bridgepoint Education from a “buy” rating to a “hold” rating in a research report on Friday, May 6th. TheStreet raised shares of Bridgepoint Education from a “sell” rating to a “hold” rating in a research report on Wednesday, April 20th.

The company’s market capitalization is $349.18 million. The company’s 50-day moving average price is $7.38 and its 200 day moving average price is $8.09.

Bridgepoint Education (NYSE:BPI) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. During the same quarter in the previous year, the business earned ($0.01) earnings per share. The company had revenue of $137.97 million for the quarter, compared to analyst estimates of $141.50 million. The company’s revenue was down 6.2% on a year-over-year basis. On average, equities research analysts forecast that Bridgepoint Education Inc. will post $0.22 EPS for the current fiscal year.

An institutional investor recently raised its position in Bridgepoint Education stock. Dimensional Fund Advisors LP increased its position in Bridgepoint Education Inc. (NYSE:BPI) by 4.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,384,522 shares of the company’s stock after buying an additional 63,518 shares during the period. Dimensional Fund Advisors LP owned 3.02% of Bridgepoint Education worth $10,537,000 as of its most recent SEC filing.

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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