Janney Montgomery Scott LLC bought a new position in DeVry Education Group Inc. (NYSE:DV) during the second quarter, Holdings Channel reports. The firm bought 10,953 shares of the company’s stock, valued at approximately $195,000.
Several other hedge funds have also bought and sold shares of the company. Norges Bank purchased a new stake in shares of DeVry Education Group during the fourth quarter valued at approximately $15,083,000. Commonwealth Equity Services Inc raised its stake in shares of DeVry Education Group by 0.8% in the first quarter. Commonwealth Equity Services Inc now owns 25,743 shares of the company’s stock valued at $445,000 after buying an additional 200 shares during the last quarter. Aperio Group LLC raised its stake in shares of DeVry Education Group by 86.1% in the first quarter. Aperio Group LLC now owns 150,140 shares of the company’s stock valued at $2,593,000 after buying an additional 69,472 shares during the last quarter. Pacad Investment Ltd. raised its stake in shares of DeVry Education Group by 194.4% in the first quarter. Pacad Investment Ltd. now owns 32,106 shares of the company’s stock valued at $554,000 after buying an additional 21,199 shares during the last quarter. Finally, Prudential Financial Inc. raised its stake in shares of DeVry Education Group by 248.3% in the first quarter. Prudential Financial Inc. now owns 195,547 shares of the company’s stock valued at $3,377,000 after buying an additional 139,400 shares during the last quarter.
Shares of DeVry Education Group Inc. (NYSE:DV) traded up 0.62% during trading on Wednesday, hitting $22.78. The stock had a trading volume of 363,045 shares. The firm’s market cap is $1.42 billion. The firm has a 50 day moving average price of $22.89 and a 200 day moving average price of $19.74. DeVry Education Group Inc. has a 12-month low of $15.36 and a 12-month high of $29.88.
DeVry Education Group (NYSE:DV) last issued its quarterly earnings data on Thursday, August 18th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.60 by $0.05. DeVry Education Group had a positive return on equity of 10.31% and a negative net margin of 0.17%. The firm earned $471.70 million during the quarter, compared to analyst estimates of $461.90 million. During the same quarter in the prior year, the business posted $0.57 EPS. The business’s revenue for the quarter was down .3% compared to the same quarter last year. On average, equities analysts expect that DeVry Education Group Inc. will post $2.53 earnings per share for the current fiscal year.
DV has been the subject of several research analyst reports. Credit Suisse Group AG set a $24.00 price objective on DeVry Education Group and gave the stock a “hold” rating in a report on Monday, September 12th. Bank of America Corp. reaffirmed a “sell” rating and issued a $16.00 price objective on shares of DeVry Education Group in a report on Friday, June 10th. Barrington Research downgraded DeVry Education Group from an “outperform” rating to a “market perform” rating in a research report on Monday, June 6th. Zacks Investment Research downgraded DeVry Education Group from a “buy” rating to a “hold” rating in a research report on Friday, July 1st. Finally, Piper Jaffray Cos. reiterated an “overweight” rating and set a $35.00 target price on shares of DeVry Education Group in a research report on Thursday, May 26th. One analyst has rated the stock with a sell rating, seven have given a hold rating and two have assigned a buy rating to the company’s stock. DeVry Education Group presently has a consensus rating of “Hold” and an average target price of $23.13.
In other news, insider Lisa W. Wardell bought 8,000 shares of the business’s stock in a transaction that occurred on Monday, August 22nd. The shares were purchased at an average cost of $25.55 per share, with a total value of $204,400.00. Following the transaction, the insider now directly owns 75,036 shares in the company, valued at $1,917,169.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Donna M. Loraine sold 2,079 shares of the company’s stock in a transaction on Thursday, September 1st. The shares were sold at an average price of $23.03, for a total value of $47,879.37. Following the completion of the transaction, the insider now directly owns 7,641 shares in the company, valued at $175,972.23. The disclosure for this sale can be found here. 4.23% of the stock is owned by corporate insiders.
About DeVry Education Group
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.
Want to see what other hedge funds are holding DV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DeVry Education Group Inc. (NYSE:DV).
Receive News & Ratings for DeVry Education Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DeVry Education Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.