DeVry Education Group Inc. (NYSE:DV)’s share price dropped 3.8% during mid-day trading on Tuesday . The company traded as low as $21.60 and last traded at $21.82, with a volume of 332,212 shares trading hands. The stock had previously closed at $22.68.

DV has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of DeVry Education Group from a “hold” rating to a “buy” rating and set a $21.00 price objective on the stock in a research note on Tuesday, May 10th. Morgan Stanley reiterated a “hold” rating on shares of DeVry Education Group in a research note on Sunday, May 8th. Robert W. Baird reiterated a “hold” rating on shares of DeVry Education Group in a research note on Sunday, May 8th. Credit Suisse Group AG reiterated a “hold” rating on shares of DeVry Education Group in a research note on Wednesday, June 8th. Finally, Barrington Research downgraded shares of DeVry Education Group from an “outperform” rating to a “market perform” rating in a research note on Monday, June 6th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $23.89.

The company has a 50 day moving average of $21.39 and a 200-day moving average of $18.90. The company has a market capitalization of $1.37 billion and a price-to-earnings ratio of 38.08.

Several large investors recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP increased its stake in DeVry Education Group by 6.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 3,976,153 shares of the company’s stock worth $100,638,000 after buying an additional 231,395 shares during the period. Schroder Investment Management Group increased its stake in DeVry Education Group by 19.4% in the fourth quarter. Schroder Investment Management Group now owns 134,740 shares of the company’s stock worth $3,410,000 after buying an additional 21,856 shares during the period. Royce & Associates LLC increased its stake in DeVry Education Group by 314.7% in the fourth quarter. Royce & Associates LLC now owns 108,054 shares of the company’s stock worth $2,735,000 after buying an additional 82,000 shares during the period. Finally, Systematic Financial Management LP bought a new stake in DeVry Education Group during the fourth quarter worth about $1,923,000.

DeVry Education Group Inc (DeVry Group) is a provider of educational services. DeVry Group’s institutions offer an array of programs in business, healthcare and technology, and serve students in postsecondary education as well as accounting and finance professionals. DeVry Group operates through three segments: Business, Technology and Management, Medical and Healthcare, and International and Professional Education.

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