DeVry Education Group Inc. (NYSE:DV) has been assigned an average rating of “Hold” from the ten research firms that are presently covering the firm. One research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $23.71.
DV has been the subject of a number of research analyst reports. Zacks Investment Research upgraded shares of DeVry Education Group from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a report on Wednesday, June 29th. Barrington Research downgraded shares of DeVry Education Group from an “outperform” rating to a “market perform” rating in a report on Monday, August 15th. Piper Jaffray Cos. reiterated an “overweight” rating and issued a $35.00 price target on shares of DeVry Education Group in a report on Sunday, August 21st. Finally, Credit Suisse Group AG reiterated a “hold” rating and issued a $24.00 price target on shares of DeVry Education Group in a report on Wednesday, August 31st.
In other DeVry Education Group news, Director Ronald L. Taylor sold 1,400 shares of the firm’s stock in a transaction dated Monday, August 22nd. The shares were sold at an average price of $25.51, for a total transaction of $35,714.00. Following the sale, the director now directly owns 739,799 shares of the company’s stock, valued at approximately $18,872,272.49. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Lisa W. Wardell purchased 8,000 shares of the firm’s stock in a transaction on Monday, August 22nd. The shares were purchased at an average cost of $25.55 per share, for a total transaction of $204,400.00. Following the completion of the purchase, the insider now directly owns 75,036 shares in the company, valued at $1,917,169.80. The disclosure for this purchase can be found here. Company insiders own 5.61% of the company’s stock.
Several large investors have recently added to or reduced their stakes in DV. US Bancorp DE boosted its stake in 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 in the last quarter. Teacher Retirement System of Texas boosted its stake in DeVry Education Group by 13.8% in the second quarter. Teacher Retirement System of Texas now owns 8,444 shares of the company’s stock valued at $151,000 after buying an additional 1,022 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in DeVry Education Group during the second quarter valued at about $195,000. Landscape Capital Management L.L.C. purchased a new stake in DeVry Education Group during the second quarter valued at about $220,000. Finally, Profund Advisors LLC boosted its stake in DeVry Education Group by 12.6% in the second quarter. Profund Advisors LLC now owns 13,068 shares of the company’s stock valued at $233,000 after buying an additional 1,460 shares in the last quarter.
DeVry Education Group (NYSE:DV) opened at 23.14 on Friday. The company’s 50-day moving average is $23.00 and its 200-day moving average is $20.08. DeVry Education Group has a 52-week low of $15.36 and a 52-week high of $29.60. The firm’s market capitalization is $1.44 billion.
DeVry Education Group (NYSE:DV) last announced its quarterly earnings data on Thursday, August 18th. The company reported $0.65 EPS for the quarter, topping the Zacks’ consensus estimate of $0.60 by $0.05. The company earned $471.70 million during the quarter, compared to the consensus estimate of $461.90 million. DeVry Education Group had a negative net margin of 0.17% and a positive return on equity of 10.31%. DeVry Education Group’s quarterly revenue was down .3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.57 EPS. Equities analysts predict that DeVry Education Group will post $2.53 earnings per share for the current year.
DeVry Education Group Company Profile
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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