Fairpointe Capital buys $150,061,810 stake in DeVry Education Group Inc (DV)

DeVry Education Group Inc (DV) : Fairpointe Capital scooped up 1,520,615 additional shares in DeVry Education Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 6,702,180 shares of DeVry Education Group Inc which is valued at $150,061,810.DeVry Education Group Inc makes up approximately 3.11% of Fairpointe Capital’s portfolio.

Other Hedge Funds, Including , Allianz Asset Management Ag reduced its stake in DV by selling 4,119 shares or 14.3% in the most recent quarter. The Hedge Fund company now holds 24,676 shares of DV which is valued at $552,496.Oppenheimerfunds boosted its stake in DV in the latest quarter, The investment management firm added 3,958 additional shares and now holds a total of 16,218 shares of DeVry Education Group Inc which is valued at $363,121. Airain Ltd added DV to its portfolio by purchasing 18,852 company shares during the most recent quarter which is valued at $427,563. DeVry Education Group Inc makes up approx 0.02% of Airain Ltd’s portfolio. First Trust Advisors Lp sold out all of its stake in DV during the most recent quarter. The investment firm sold 167,811 shares of DV which is valued $3,805,953. Signaturefd added DV to its portfolio by purchasing 327 company shares during the most recent quarter which is valued at $7,282.

DeVry Education Group Inc closed down -0.01 points or -0.04% at $23.47 with 7,81,916 shares getting traded on Monday. Post opening the session at $23.4, the shares hit an intraday low of $23.27 and an intraday high of $23.5 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, DeVry Education Group Inc reported $0.65 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Aug 18, 2016. Analyst had a consensus of $0.60. The company had revenue of $471.70 million for the quarter, compared to analysts expectations of $462.39 million. The company’s revenue was down -.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.57 EPS.

Many Wall Street Analysts have commented on DeVry Education Group Inc. DeVry Education Group Inc was Downgraded by Credit Suisse to ” Neutral” on Jun 2, 2016.

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. The Company’s Business Technology and Management segment comprises the operation of DeVry University; the Company’s Medical and Healthcare segment includes the operations of DeVry Medical International which operates three institutions: American University of the Caribbean School of Medicine (AUC) Ross University School of Medicine (RUSM) and Ross University School of Veterinary Medicine and the Company’s International and Professional Education segment includes the operations of DeVry Brasil and Becker.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

DeVry Education Group Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on DeVry Education Group Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.