Sanctuary Advisors LLC Purchases New Holdings in Perdoceo Education Corporation $PRDO

Sanctuary Advisors LLC acquired a new position in shares of Perdoceo Education Corporation (NASDAQ:PRDO) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 37,366 shares of the company’s stock, valued at approximately $1,196,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fifth Third Bancorp increased its stake in shares of Perdoceo Education by 108.2% during the fourth quarter. Fifth Third Bancorp now owns 970 shares of the company’s stock valued at $28,000 after purchasing an additional 504 shares in the last quarter. IFP Advisors Inc boosted its position in shares of Perdoceo Education by 34.6% in the 4th quarter. IFP Advisors Inc now owns 1,363 shares of the company’s stock worth $40,000 after purchasing an additional 350 shares in the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of Perdoceo Education by 48.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,132 shares of the company’s stock worth $63,000 after purchasing an additional 699 shares in the last quarter. Mcguire Capital Advisors Inc. purchased a new stake in shares of Perdoceo Education in the 4th quarter worth approximately $69,000. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Perdoceo Education in the 2nd quarter worth approximately $71,000. Hedge funds and other institutional investors own 93.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on PRDO shares. Barrington Research set a $44.00 price objective on Perdoceo Education in a research report on Friday, May 8th. Wall Street Zen downgraded Perdoceo Education from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Perdoceo Education in a research note on Friday, July 17th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $44.00.

Insider Activity

In other Perdoceo Education news, Chairman Gregory L. Jackson sold 11,271 shares of the business’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $31.78, for a total value of $358,192.38. Following the completion of the transaction, the chairman owned 64,949 shares of the company’s stock, valued at approximately $2,064,079.22. The trade was a 14.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kenda B. Gonzales sold 9,308 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $34.79, for a total transaction of $323,825.32. Following the transaction, the director owned 48,158 shares in the company, valued at $1,675,416.82. This represents a 16.20% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.46% of the stock is currently owned by company insiders.

Perdoceo Education Trading Up 1.0%

PRDO stock opened at $33.81 on Friday. The stock has a market capitalization of $2.12 billion, a PE ratio of 12.34, a price-to-earnings-growth ratio of 0.71 and a beta of 0.71. Perdoceo Education Corporation has a 12-month low of $26.66 and a 12-month high of $38.50. The stock’s 50 day simple moving average is $32.86 and its 200 day simple moving average is $33.81.

Perdoceo Education (NASDAQ:PRDO) last issued its earnings results on Thursday, August 6th. The company reported $0.80 EPS for the quarter, meeting the consensus estimate of $0.80. The business had revenue of $213.35 million for the quarter, compared to the consensus estimate of $212.50 million. Perdoceo Education had a return on equity of 18.93% and a net margin of 20.62%.The company’s revenue was up 1.8% compared to the same quarter last year. During the same period last year, the business posted $0.67 EPS. Perdoceo Education has set its Q3 2026 guidance at 0.730-0.740 EPS and its FY 2026 guidance at 3.100-3.160 EPS. On average, research analysts predict that Perdoceo Education Corporation will post 3.13 earnings per share for the current year.

Perdoceo Education Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Tuesday, September 1st will be issued a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 2.0%. The ex-dividend date is Tuesday, September 1st. This is a positive change from Perdoceo Education’s previous quarterly dividend of $0.15. Perdoceo Education’s dividend payout ratio is 21.90%.

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.