Today, 300 Shares of DeVry Education Group Inc. (DV) are sold by Louisiana State Employees Retirement System

Today, 300 Shares of DeVry Education Group Inc. (DV) are sold by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System reduced its stake in DeVry Education Group Inc. (NYSE:DV) by 2.0% during the third quarter, Holdings Channel reports. The firm owned 14,700 shares of the company’s stock after selling 300 shares during the period. Louisiana State Employees Retirement System’s holdings in DeVry Education Group were worth $339,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. BlackRock Group LTD raised its stake in DeVry Education Group by 119.8% in the first quarter. BlackRock Group LTD now owns 70,866 shares of the company’s stock valued at $1,224,000 after buying an additional 38,621 shares during the last quarter. State Street Corp raised its stake in DeVry Education Group by 2.3% in the first quarter. State Street Corp now owns 1,976,392 shares of the company’s stock valued at $34,131,000 after buying an additional 44,650 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in DeVry Education Group by 1,064.6% in the second quarter. BNP Paribas Arbitrage SA now owns 36,241 shares of the company’s stock valued at $647,000 after buying an additional 33,129 shares during the last quarter. Pecaut & CO. purchased a new stake in DeVry Education Group during the second quarter valued at $2,740,000. Finally, Acadian Asset Management LLC raised its stake in DeVry Education Group by 60,339.0% in the second quarter. Acadian Asset Management LLC now owns 206,097 shares of the company’s stock valued at $3,675,000 after buying an additional 205,756 shares during the last quarter. 98.23% of the stock is owned by hedge funds and other institutional investors.

Shares of DeVry Education Group Inc. (NYSE:DV) traded up 0.17% during trading on Friday, hitting $29.30. 195,150 shares of the stock were exchanged. The firm’s 50 day moving average price is $24.68 and its 200-day moving average price is $21.78. DeVry Education Group Inc. has a 52 week low of $15.36 and a 52 week high of $29.50. The stock has a market cap of $1.83 billion, a P/E ratio of 113.57 and a beta of 0.90.

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

The firm also recently declared a semiannual dividend, which will be paid on Thursday, December 22nd. Shareholders of record on Friday, December 2nd will be paid a dividend of $0.18 per share. This represents a dividend yield of 1.29%. The ex-dividend date of this dividend is Wednesday, November 30th. DeVry Education Group’s dividend payout ratio (DPR) is presently 144.01%.

DV has been the topic of several research analyst reports. Barrington Research cut shares of DeVry Education Group from an “outperform” rating to a “market perform” rating in a research note on Monday, August 15th. Zacks Investment Research raised shares of DeVry Education Group from a “hold” rating to a “buy” rating and set a $25.00 price target on the stock in a research note on Monday, October 17th. Credit Suisse Group AG reissued a “neutral” rating on shares of DeVry Education Group in a research note on Monday, October 3rd. Finally, Piper Jaffray Cos. reissued an “overweight” rating and set a $35.00 price target on shares of DeVry Education Group in a research note on Sunday, August 21st. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $24.75.

In related news, insider Ronald L. Taylor sold 5,000 shares of DeVry Education Group stock in a transaction on Tuesday, August 30th. The shares were sold at an average price of $23.52, for a total value of $117,600.00. Following the transaction, the insider now directly owns 740,199 shares of the company’s stock, valued at $17,409,480.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Value Advisers International sold 2,246 shares of DeVry Education Group stock in a transaction on Tuesday, November 22nd. The stock was sold at an average price of $28.02, for a total transaction of $62,932.92. The disclosure for this sale can be found here. Company insiders own 5.61% of the company’s stock.

DeVry Education Group Company Profile

DeVry Education Group Inc (DeVry Group) is a global provider of educational services. DeVry Group’s focuses on empowering its students to achieve their educational and career goals. DeVry Group’s institutions offer a range of programs in healthcare, technology, business, accounting, finance and law. The Company operates in three segments: Medical and Healthcare; International and Professional Education, and Business, Technology and Management.

Related posts

Leave a Comment