DeVry Education Group Inc (DV) Receives Consensus Rating of “Hold” from Brokerages

Shares of DeVry Education Group Inc (NYSE:DV) have earned an average rating of “Hold” from the nine brokerages that are covering the company. One analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $30.83.

A number of research firms have recently commented on DV. Zacks Investment Research upgraded DeVry Education Group from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a research note on Monday, February 6th. First Analysis upgraded DeVry Education Group from an “equal weight” rating to an “overweight” rating and set a $37.00 target price on the stock in a research note on Wednesday, December 14th. Finally, Standpoint Research cut DeVry Education Group from a “buy” rating to a “hold” rating in a research note on Thursday, December 1st.

Shares of DeVry Education Group (NYSE:DV) opened at 33.40 on Tuesday. The company has a market cap of $2.10 billion, a PE ratio of 26.26 and a beta of 1.07. The company’s 50-day moving average is $32.92 and its 200 day moving average is $28.97. DeVry Education Group has a 52-week low of $15.36 and a 52-week high of $34.47.

DeVry Education Group (NYSE:DV) last released its earnings results on Thursday, February 2nd. The company reported $0.85 EPS for the quarter, topping the Zacks’ consensus estimate of $0.73 by $0.12. The company had revenue of $456.35 million for the quarter, compared to analysts’ expectations of $459.32 million. DeVry Education Group had a return on equity of 10.93% and a net margin of 4.40%. The business’s revenue for the quarter was up .0% compared to the same quarter last year. During the same period in the previous year, the business posted $0.68 EPS. On average, analysts anticipate that DeVry Education Group will post $2.66 EPS for the current year.

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In related news, insider Eric P. Dirst sold 3,832 shares of DeVry Education Group stock in a transaction dated Thursday, February 9th. The stock was sold at an average price of $32.00, for a total value of $122,624.00. Following the completion of the sale, the insider now owns 14,434 shares of the company’s stock, valued at approximately $461,888. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Robert A. Paul sold 1,835 shares of DeVry Education Group stock in a transaction dated Friday, February 10th. The stock was sold at an average price of $32.56, for a total value of $59,747.60. Following the completion of the sale, the insider now directly owns 24,499 shares of the company’s stock, valued at approximately $797,687.44. The disclosure for this sale can be found here. Company insiders own 5.61% of the company’s stock.

A number of large investors have recently made changes to their positions in the company. Westport Asset Management Inc. purchased a new stake in shares of DeVry Education Group during the fourth quarter valued at $3,987,000. Norges Bank purchased a new stake in shares of DeVry Education Group during the fourth quarter valued at $25,223,000. Putnam Investments LLC purchased a new stake in shares of DeVry Education Group during the fourth quarter valued at $4,714,000. Numeric Investors LLC raised its stake in shares of DeVry Education Group by 20.4% in the fourth quarter. Numeric Investors LLC now owns 203,061 shares of the company’s stock valued at $6,336,000 after buying an additional 34,461 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in shares of DeVry Education Group by 1.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 59,950 shares of the company’s stock valued at $1,870,000 after buying an additional 860 shares during the period.

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.

5 Day Chart for NYSE:DV

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