New York State Teachers Retirement System Sells 19,005 Shares of Perdoceo Education Corporation $PRDO

New York State Teachers Retirement System lessened its position in Perdoceo Education Corporation (NASDAQ:PRDO) by 17.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 88,769 shares of the company’s stock after selling 19,005 shares during the period. New York State Teachers Retirement System’s holdings in Perdoceo Education were worth $3,343,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of Perdoceo Education by 2.2% in the 2nd 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 purchasing an additional 361 shares during the period. Blue Trust Inc. raised its stake in Perdoceo Education by 81.5% in the third quarter. Blue Trust Inc. now owns 833 shares of the company’s stock valued at $31,000 after buying an additional 374 shares during the period. Global Retirement Partners LLC lifted its position in shares of Perdoceo Education by 49.9% in the third quarter. Global Retirement Partners LLC now owns 1,154 shares of the company’s stock valued at $43,000 after buying an additional 384 shares during the last quarter. Equitable Trust Co. lifted its position in shares of 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 buying an additional 451 shares during the last quarter. Finally, SummerHaven Investment Management LLC increased its holdings 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 worth $1,216,000 after acquiring an additional 570 shares during the last quarter. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Perdoceo Education Stock Down 0.8%

PRDO opened at $31.57 on Friday. Perdoceo Education Corporation has a fifty-two week low of $23.87 and a fifty-two week high of $38.02. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.45 and a current ratio of 4.47. The company has a market capitalization of $2.03 billion, a P/E ratio of 13.49, a P/E/G ratio of 0.76 and a beta of 0.92. The stock has a fifty day moving average of $29.69 and a 200-day moving average of $31.73.

Perdoceo Education (NASDAQ:PRDO) last released its quarterly earnings results on Tuesday, November 4th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.61 by $0.04. Perdoceo Education had a net margin of 19.24% and a return on equity of 17.22%. The business had revenue of $211.87 million for the quarter, compared to the consensus estimate of $207.02 million. During the same period in the prior year, the company posted $0.57 earnings per share. Perdoceo Education’s revenue was up 24.8% compared to the same quarter last year. Perdoceo Education has set its Q4 2025 guidance at 0.530-0.550 EPS and its FY 2025 guidance at 2.540-2.560 EPS. On average, equities analysts expect that Perdoceo Education Corporation will post 2.41 EPS for the current year.

Perdoceo Education Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 12th. Investors of record on Friday, November 28th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Friday, November 28th. Perdoceo Education’s payout ratio is 25.64%.

About Perdoceo Education

Perdoceo Education Corporation (NASDAQ: PRDO) is a for-profit postsecondary education provider offering certificate, associate, bachelor’s and master’s degree programs. The company operates primarily through two brand platforms—Colorado Technical University and American InterContinental University—delivering career-focused education both on campus and online. These programs span fields such as business, information technology, healthcare and criminal justice, targeting working adults seeking to advance or pivot their careers.

With headquarters in Schaumburg, Illinois, Perdoceo serves students across the United States and internationally through its online offerings.