86,390 Shares in Phoenix Education Partners, Inc. $PXED Bought by UBS Group AG

UBS Group AG acquired a new position in shares of Phoenix Education Partners, Inc. (NYSE:PXED) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 86,390 shares of the company’s stock, valued at approximately $2,618,000.

Separately, Massachusetts Financial Services Co. MA purchased a new position in Phoenix Education Partners during the fourth quarter worth $21,681,000.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Barrington Research reissued an “outperform” rating and set a $45.00 price target on shares of Phoenix Education Partners in a research report on Tuesday, May 19th. Wall Street Zen downgraded Phoenix Education Partners from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, Zacks Research downgraded Phoenix Education Partners from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Three investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $44.00.

Phoenix Education Partners Trading Up 0.3%

Shares of Phoenix Education Partners stock opened at $30.09 on Wednesday. Phoenix Education Partners, Inc. has a twelve month low of $23.52 and a twelve month high of $47.08. The firm has a market capitalization of $1.08 billion and a PE ratio of 10.03. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 0.20. The firm has a fifty day moving average price of $29.27.

Phoenix Education Partners (NYSE:PXED) last issued its earnings results on Tuesday, April 7th. The company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.24. The firm had revenue of $222.46 million during the quarter, compared to analyst estimates of $219.71 million. The company’s quarterly revenue was down .4% compared to the same quarter last year. As a group, sell-side analysts predict that Phoenix Education Partners, Inc. will post 4.48 EPS for the current year.

Phoenix Education Partners Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Wednesday, April 29th were issued a $0.21 dividend. The ex-dividend date was Wednesday, April 29th. This represents a $0.84 dividend on an annualized basis and a yield of 2.8%. Phoenix Education Partners’s dividend payout ratio (DPR) is presently 28.00%.

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.