Segall Bryant & Hamill LLC Acquires Shares of 27,261 Phoenix Education Partners, Inc. $PXED

Segall Bryant & Hamill LLC acquired a new position in Phoenix Education Partners, Inc. (NYSE:PXED) during the first quarter, Holdings Channel.com reports. The firm acquired 27,261 shares of the company’s stock, valued at approximately $858,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PXED. Strs Ohio purchased a new stake in Phoenix Education Partners in the 4th quarter worth approximately $27,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in Phoenix Education Partners during the fourth quarter worth $40,000. Deutsche Bank AG acquired a new stake in Phoenix Education Partners during the fourth quarter valued at $89,000. MetLife Investment Management LLC purchased a new position in Phoenix Education Partners in the fourth quarter valued at $92,000. Finally, State of Wyoming acquired a new position in shares of Phoenix Education Partners in the first quarter worth about $151,000.

Phoenix Education Partners Stock Up 2.4%

PXED stock opened at $30.13 on Thursday. The stock has a market capitalization of $1.09 billion and a P/E ratio of 14.02. The firm has a 50-day simple moving average of $31.16 and a 200-day simple moving average of $30.01. The company has a quick ratio of 1.92, a current ratio of 1.91 and a debt-to-equity ratio of 0.17. Phoenix Education Partners, Inc. has a 52 week low of $23.52 and a 52 week high of $47.08.

Phoenix Education Partners (NYSE:PXED) last issued its quarterly earnings results on Tuesday, July 14th. The company reported $1.43 earnings per share for the quarter, beating analysts’ consensus estimates of $1.28 by $0.15. Phoenix Education Partners had a net margin of 8.18% and a return on equity of 60.06%. The firm had revenue of $271.80 million for the quarter. Equities analysts forecast that Phoenix Education Partners, Inc. will post 4.46 earnings per share for the current fiscal year.

Phoenix Education Partners Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 14th. Stockholders of record on Wednesday, July 29th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Wednesday, July 29th. Phoenix Education Partners’s dividend payout ratio (DPR) is 39.07%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. BMO Capital Markets dropped their target price on Phoenix Education Partners from $39.00 to $36.00 and set an “outperform” rating on the stock in a research report on Wednesday, July 15th. B. Riley Financial lowered their price target on Phoenix Education Partners from $54.00 to $51.00 and set a “buy” rating on the stock in a research report on Tuesday, July 21st. Barrington Research reissued an “outperform” rating and issued a $45.00 price objective on shares of Phoenix Education Partners in a report on Tuesday, May 19th. Morgan Stanley restated an “overweight” rating and issued a $40.00 price objective on shares of Phoenix Education Partners in a research report on Wednesday, July 15th. Finally, Weiss Ratings raised Phoenix Education Partners from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Tuesday, July 14th. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $41.60.

About Phoenix Education Partners

Our Mission To provide access to higher education opportunities that enable students to develop the knowledge and skills necessary to achieve their professional goals, improve the performance of their organizations and provide leadership and service to their communities. We are a mission-driven organization operating at the forefront of the rapidly evolving post-secondary education market. As one of the largest online education providers and a pioneer in our field, we benefit from the dynamic interplay between technological innovation, education, employment and economic trends.