Trading Report: Today, DeVry Education Group Inc. (dv) To Go Ex-Dividend on November 30th

Today, DeVry Education Group Inc. (dv) To Go Ex-Dividend on November 30th

DeVry Education Group Inc. (NYSE:dv) announced a semiannual dividend on Monday, November 14th. Stockholders of record on Friday, December 2nd will be paid a dividend of 0.18 per share on Thursday, December 22nd. This represents a dividend yield of 1.29%. The ex-dividend date is Wednesday, November 30th.

Shares of DeVry Education Group (NYSE:DV) opened at 29.25 on Friday. The company has a market cap of $1.83 billion, a PE ratio of 113.37 and a beta of 0.90. DeVry Education Group has a one year low of $15.36 and a one year high of $29.50. The stock’s 50 day moving average price is $24.47 and its 200-day moving average price is $21.70.

DeVry Education Group (NYSE:DV) last released its quarterly earnings data on Tuesday, November 1st. The company reported $0.39 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.41 by $0.02. The company had revenue of $449.90 million for the quarter, compared to the consensus estimate of $443.62 million. DeVry Education Group had a return on equity of 10.49% and a net margin of 0.89%. DeVry Education Group’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same period last year, the company earned $0.38 EPS. On average, analysts expect that DeVry Education Group will post $2.55 EPS for the current year.

In other news, SVP Gregory S. Davis sold 1,678 shares of the firm’s stock in a transaction that occurred on Thursday, September 1st. The shares were sold at an average price of $22.83, for a total transaction of $38,308.74. Following the completion of the sale, the senior vice president now owns 22,433 shares in the company, valued at approximately $512,145.39. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Ronald L. Taylor sold 44,100 shares of the firm’s stock in a transaction that occurred on Friday, September 2nd. The stock was sold at an average price of $22.82, for a total transaction of $1,006,362.00. Following the sale, the insider now owns 742,649 shares of the company’s stock, valued at approximately $16,947,250.18. The disclosure for this sale can be found here. 5.61% of the stock is currently owned by company insiders.

Large investors have recently modified their holdings of the company. US Bancorp DE raised its stake in shares of DeVry Education Group by 7.8% in the second quarter. US Bancorp DE now owns 8,258 shares of the company’s stock valued at $147,000 after buying an additional 598 shares during the last quarter. Thrivent Financial for Lutherans raised its position in DeVry Education Group by 1.2% in the second quarter. Thrivent Financial for Lutherans now owns 58,620 shares of the company’s stock worth $1,046,000 after buying an additional 710 shares in the last quarter. Comerica Bank raised its position in DeVry Education Group by 2.2% in the second quarter. Comerica Bank now owns 39,542 shares of the company’s stock worth $890,000 after buying an additional 846 shares in the last quarter. Profund Advisors LLC raised its position in DeVry Education Group by 12.6% in the second quarter. Profund Advisors LLC now owns 13,068 shares of the company’s stock worth $233,000 after buying an additional 1,460 shares in the last quarter. Finally, Paloma Partners Management Co raised its position in DeVry Education Group by 26.3% in the second quarter. Paloma Partners Management Co now owns 13,455 shares of the company’s stock worth $240,000 after buying an additional 2,803 shares in the last quarter. Institutional investors own 98.23% of the company’s stock.

A number of equities analysts have recently issued reports on DV shares. Credit Suisse Group AG set a $24.00 price objective on shares of DeVry Education Group and gave the stock a “hold” rating in a research report on Monday, September 12th. Barrington Research raised shares of DeVry Education Group from a “market perform” rating to an “outperform” rating and set a $30.00 price target on the stock in a research report on Wednesday, September 14th. Piper Jaffray Cos. reaffirmed an “overweight” rating and issued a $35.00 price target on shares of DeVry Education Group in a research report on Sunday, August 21st. Finally, Zacks Investment Research raised shares of DeVry Education Group from a “sell” rating to a “hold” rating and set a $26.00 price target on the stock in a research report on Thursday, November 3rd. One analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $24.75.

About DeVry Education Group

Related posts

Leave a Comment