The stock of DeVry Education Group Inc (NYSE:DV) hit a new 52-week high and has $38.36 target or 39.00% above today’s $27.60 share price. The 9 months bullish chart indicates low risk for the $1.86B company. The 1-year high was reported on Nov, 11 by Barchart.com. If the $38.36 price target is reached, the company will be worth $725.40M 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 937,489 shares traded hands or 43.17% up from the average. DeVry Education Group Inc (NYSE:DV) has risen 63.30% since April 11, 2016 and is uptrending. It has outperformed by 57.16% the S&P500.
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. As per Friday, February 5, the company rating was maintained by Compass Point. The stock of DeVry Education Group Inc (NYSE:DV) earned “Outperform” rating by Credit Suisse on Wednesday, February 3. The company was upgraded on Friday, August 21 by Standpoint Research. The rating was downgraded by Credit Suisse on Thursday, June 2 to “Neutral”. The stock of DeVry Education Group Inc (NYSE:DV) has “Outperform” rating given on Wednesday, November 9 by Credit Suisse. The firm has “Outperform” rating given on Wednesday, September 14 by Barrington Research. The rating was downgraded by Bank of America to “Underperform” on Wednesday, April 20. As per Friday, February 5, the company rating was maintained by BMO Capital Markets. The firm earned “Outperform” rating on Monday, September 21 by Barrington Research. The firm has “Sell” rating by Zacks given 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 increased to 1.59 in 2016 Q2. Its up 0.05, from 1.54 in 2016Q1. The ratio is positive, 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.
First Pacific Advsrs Ltd Liability Corporation holds 2.44M shares or 0.37% of its portfolio. The Pennsylvania-based Pnc Fin Service Group has invested 0% in DeVry Education Group Inc (NYSE:DV). The Illinois-based Aston Asset Mngmt Ltd Liability Company has invested 0.99% in DeVry Education Group Inc (NYSE:DV). Morgan Stanley accumulated 181,963 shares or 0% of the stock. State Bank Of New York Mellon Corp holds 791,862 shares or 0% of its portfolio. Fmr Limited Liability last reported 0% of its portfolio in the stock. Blackrock Advisors Ltd Com last reported 0% of its portfolio in the stock. Dupont Cap Mgmt Corporation has 75,620 shares for 0.03% of their US portfolio. Newtyn Management Limited Co accumulated 4.72% or 1.38M shares. Bridgeway has 46,900 shares for 0.01% of their US portfolio. Bank & Trust Of America De has 0% invested in the company for 56,289 shares. Intll Grp Inc accumulated 0% or 143,545 shares. The Minnesota-based Us Natl Bank De has invested 0% in DeVry Education Group Inc (NYSE:DV). Engineers Gate Manager Ltd Partnership has 0.14% invested in the company for 106,978 shares. Strs Ohio accumulated 0% or 25,700 shares.
Insider Transactions: Since July 13, 2016, the stock had 1 insider purchase, and 18 selling transactions for $2.80 million net activity. $12,131 worth of DeVry Education Group Inc (NYSE:DV) was sold by International Value Advisers – LLC. TAYLOR RONALD L sold $1.14M worth of stock. Davis Gregory S sold $38,302 worth of stock. WARDELL LISA W bought $204,400 worth of DeVry Education Group Inc (NYSE:DV) on Monday, August 22. Groenwald Susan had sold 13,600 shares worth $346,487 on Thursday, August 18. $47,886 worth of DeVry Education Group Inc (NYSE:DV) was sold by LORAINE DONNA M. Shares for $18,983 were sold by Riehs Steven on Thursday, August 18.
More recent DeVry Education Group Inc (NYSE:DV) news were published by: Forbes.com which released: “DeVry Education Group Reaches Analyst Target Price” on August 22, 2016. Also Nasdaq.com published the news titled: “DeVry Education Group Inc. Reveals 18% Increase In Q1 Profit” on November 01, 2016. Nasdaq.com‘s news article titled: “Commit To Buy DeVry Education Group At $17.50, Earn 10.4% Annualized Using Options” with publication date: October 20, 2016 was also an interesting one.
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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