Phoenix Education Partners, Inc. (PXED) to Distribute Quarterly Dividend of $0.21 on August 14th

Phoenix Education Partners, Inc. (NYSE:PXED) announced a quarterly dividend on Thursday, July 9th. Stockholders of record on Wednesday, July 29th will be paid a dividend of 0.21 per share on Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Wednesday, July 29th.

Phoenix Education Partners Trading Down 0.4%

Shares of NYSE:PXED opened at $28.45 on Monday. The company’s 50-day moving average price is $31.16 and its two-hundred day moving average price is $30.14. Phoenix Education Partners has a one year low of $23.52 and a one year high of $47.08. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.92. The stock has a market capitalization of $1.03 billion and a PE ratio of 13.23.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in PXED. Segall Bryant & Hamill LLC acquired a new stake in Phoenix Education Partners in the first quarter valued at approximately $858,000. Walleye Capital LLC raised its position in shares of Phoenix Education Partners by 23.7% during the first quarter. Walleye Capital LLC now owns 16,162 shares of the company’s stock worth $508,000 after purchasing an additional 3,097 shares during the period. State of Wyoming bought a new position in shares of Phoenix Education Partners in the 1st quarter worth $151,000. Bastion Asset Management Inc. bought a new position in shares of Phoenix Education Partners in the 1st quarter worth $2,085,000. Finally, Bank of New York Mellon Corp grew its position in Phoenix Education Partners by 55.1% in the 1st quarter. Bank of New York Mellon Corp now owns 10,969 shares of the company’s stock valued at $345,000 after purchasing an additional 3,898 shares during the period.

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.