The stock of DeVry Education Group Inc (NYSE:DV) hit a new 52-week high and has $31.86 target or 8.00% above today’s $29.50 share price. The 8 months bullish chart indicates low risk for the $1.85 billion company. The 1-year high was reported on Nov, 28 by Barchart.com. If the $31.86 price target is reached, the company will be worth $148.00M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 309,921 shares traded hands. DeVry Education Group Inc (NYSE:DV) has risen 73.17% since April 25, 2016 and is uptrending. It has outperformed by 67.15% the S&P500.
Analysts await DeVry Education Group Inc (NYSE:DV) to report earnings on February, 2. They expect $0.71 earnings per share, up 4.41% or $0.03 from last year’s $0.68 per share. DV’s profit will be $44.53M for 10.39 P/E if the $0.71 EPS becomes a reality. After $0.45 actual earnings per share reported by DeVry Education Group Inc for the previous quarter, Wall Street now forecasts 57.78% EPS growth.
DeVry Education Group Inc (NYSE:DV) Ratings Coverage
Out of 7 analysts covering DeVry (NYSE:DV), 3 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 43% are positive. DeVry has been the topic of 18 analyst reports since August 19, 2015 according to StockzIntelligence Inc. The company was maintained on Friday, February 5 by BMO Capital Markets. The firm has “Neutral” rating by Compass Point given on Friday, February 5. As per Wednesday, November 9, the company rating was upgraded by Credit Suisse. The company was upgraded on Monday, September 21 by Barrington Research. The stock of DeVry Education Group Inc (NYSE:DV) has “Underperform” rating given on Wednesday, April 20 by Bank of America. The firm has “Outperform” rating by Credit Suisse given on Wednesday, February 3. As per Wednesday, September 14, the company rating was upgraded by Barrington Research. Standpoint Research upgraded the stock to “Buy” rating in Monday, August 24 report. The stock has “Neutral” rating given by Credit Suisse on Thursday, June 2. The stock of DeVry Education Group Inc (NYSE:DV) earned “Sell” rating by Zacks on Wednesday, August 26.
According to Zacks Investment Research, “DeVry Education Group Inc. is a provider of educational services. The company operates various institutions that offer various degrees in a wide range of disciplines, including associate, bachelor’s and master’s degree programs in technology, healthcare technology, business and management, as well as online secondary education to school districts and medical education. DeVry Education Group Inc., formerly known as DeVry Inc., is headquartered in Downers Grove, Illinois.”
Insitutional Activity: The institutional sentiment decreased to 1.42 in Q2 2016. Its down 0.17, from 1.59 in 2016Q1. The ratio is negative, as 20 funds sold all DeVry Education Group Inc shares owned while 49 reduced positions. 38 funds bought stakes while 72 increased positions. They now own 63.98 million shares or 1.93% less from 65.24 million shares in 2016Q1.
Manufacturers Life Communication The has 116,812 shares for 0% of their US portfolio. Retirement Of Alabama accumulated 72,852 shares or 0.01% of the stock. Wells Fargo Company Mn last reported 0% of its portfolio in the stock. Proshare Advisors Limited Liability Corp holds 12,902 shares or 0% of its portfolio. Ubs Asset Management Americas last reported 0% of its portfolio in the stock. Aston Asset Ltd Liability Co has invested 0.99% of its portfolio in DeVry Education Group Inc (NYSE:DV). Us Bancorporation De has 8,258 shares for 0% of their US portfolio. Landscape Capital Management Limited Co has 12,351 shares for 0.03% of their US portfolio. Kbc Gp Nv holds 0% or 3,829 shares in its portfolio. Arizona State Retirement Systems last reported 0.01% of its portfolio in the stock. Texas Permanent School Fund holds 0.01% of its portfolio in DeVry Education Group Inc (NYSE:DV) for 43,183 shares. Rhumbline Advisers accumulated 0.01% or 123,475 shares. Westport Asset Inc holds 167,994 shares or 2.77% of its portfolio. Morgan Stanley last reported 181,963 shares in the company. Next Fincl Group has 0% invested in the company for 109 shares.
Insider Transactions: Since July 13, 2016, the stock had 1 buying transaction, and 23 insider sales for $3.21 million net activity. International Value Advisers – LLC sold $62,934 worth of stock. The insider TAYLOR RONALD L sold 5,000 shares worth $117,609. 1,365 shares were sold by Davis Gregory S, worth $28,665 on Wednesday, July 13. $204,400 worth of DeVry Education Group Inc (NYSE:DV) was bought by WARDELL LISA W. $47,886 worth of DeVry Education Group Inc (NYSE:DV) was sold by LORAINE DONNA M on Thursday, September 1. 13,600 shares were sold by Groenwald Susan, worth $346,487. $18,983 worth of shares were sold by Riehs Steven on Thursday, August 18.
More news for DeVry Education Group Inc (NYSE:DV) were recently published by: Washingtonpost.com, which released: “For-profit college company DeVry Education Group replaces CEO” on May 24, 2016. Forbes.com‘s article titled: “DeVry Education Group Reaches Analyst Target Price” and published on August 22, 2016 is yet another important article.
DV Company Profile
DeVry Education Group Inc. (DeVry Group), incorporated on August 3, 1987, is a global well-known 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 Firm operates in three divisions: Medical and Healthcare; International and Professional Education, and Business, Technology and Management.
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