The New Charles De Vaulx’s International Value Advisers Holding in Devry Education Group Inc
International Value Advisers filed with the SEC SC 13D/A form for Devry Education Group Inc. The form can be accessed here: 000106299316012491. As reported in Charles De Vaulx’s International Value Advisers’s form, the filler as of late owns 11.7% or 7,303,288 shares of the Consumer Discretionary–company.
Devry Education Group Inc stake is a new one for the for the hedge fund and it was filed because of activity on November 23, 2016. We feel this shows Charles De Vaulx’s International Value Advisers’s positive view for the stock. For a hedge fund managing $19.61 billion in assets and having 43+ active experts, we at Financialmagazine have no doubt the buy is a bullish signal.
The hedge fund is active investor in the Finance sector. In the manager’s last 13-F, we saw 25% of Charles De Vaulx’s International Value Advisers’s US equities portfolio is in this sector.
Devry Education Group Inc Institutional Sentiment
Latest Security and Exchange filings show 168 investors own Devry Education Group Inc. The institutional ownership in Q3 2015 is high, at 121.89% of the outstanding shares. This is increased by 11196928 the total institutional shares. 76328544 were the shares owned by these institutional investors. In total 20 funds opened new Devry Education Group Inc stakes, 56 increased stakes. There were 34 that closed positions and 74 reduced them.
5 managers had the stock in their top Ten. Notable investors are: International Value Advisers Llc, Newtyn Management Llc, Westport Asset Management Inc..
Westport Asset Management Inc is an institutional investor bullish on Devry Education Group Inc, owning 167994 shares as of Q3 2015 for 3.97% of its portfolio. Paragon Capital Management Llc owns 358950 shares or 4.23% of its portfolio. NY International Value Advisers Llc have 9.64% of their stock portfolio for 13245964 shares. Further, University Of Chicago reported stake worth 2.13% of its US stock portfolio. The NY Farley Capital Ii Lp owns 1503009 shares. Devry Education Group Inc is 32.43% of the manager’s US portfolio.
DeVry Education Group Inc. (DeVry Group) is a global 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 Company operates in three segments: Medical and Healthcare; International and Professional Education, and Business, Technology and Management. Medical and Healthcare includes DeVry Medical International (DMI), Chamberlain College of Nursing (Chamberlain) and Carrington College (Carrington). International and Professional Education consists of DeVry Brasil and Becker Professional Education (Becker). Business, Technology and Management consists of DeVry University. As of June 30, 2016, DMI operated three institutions: American University of the Caribbean School of Medicine (AUC), Ross University School of Medicine (RUSM) and Ross University School of Veterinary Medicine (RUSVM).
SEC Form 13D is filed within 10 days, by anyone who acquires beneficial ownership of 5%+ of any public firm. Activist investors and practices such as: company breakups, hostile takeovers, and change of control events, are permitted for this form filers. A filer must promptly update its 13D filing in case of acquisition or disposition of 1% or more of the securities that are the subject of the filing.
Charles De Vaulx’s International Value Advisers website.
Insitutional Activity: The institutional sentiment decreased to 1.42 in Q2 2016. Its down 0.17, from 1.59 in 2016Q1. The ratio dropped, 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.
State Street Corp last reported 0% of its portfolio in the stock. Gemmer Asset Ltd Llc last reported 0% of its portfolio in the stock. Invesco has 66,115 shares for 0% of their US portfolio. Jupiter Asset Management Ltd last reported 1.35 million shares in the company. Moreover, Blackrock Invest Mgmt Llc has 0.01% invested in DeVry Education Group Inc (NYSE:DV) for 397,266 shares. Ameriprise Finance accumulated 140,476 shares or 0% of the stock. Landscape Management Limited Liability Co accumulated 0.03% or 12,351 shares. Aqr Cap Mngmt Lc accumulated 517,913 shares or 0.02% of the stock. Fairpointe Limited Liability Com last reported 2.71% of its portfolio in the stock. Parametric Port Associate Ltd has 147,000 shares for 0% of their US portfolio. Blackrock accumulated 36,636 shares or 0% of the stock. Aston Asset Mngmt Ltd Liability Corporation accumulated 0.99% or 91,184 shares. Paloma Partners Management has 13,455 shares for 0% of their US portfolio. Moreover, Tocqueville Asset Mgmt L P has 0.15% invested in DeVry Education Group Inc (NYSE:DV) for 641,400 shares. Louisiana State Employees Retirement Sys accumulated 0.01% or 15,000 shares.
Insider Transactions: Since July 13, 2016, the stock had 1 insider buy, and 24 sales for $3.31 million net activity. Another trade for 2,828 shares valued at $67,599 was sold by International Value Advisers – LLC. LORAINE DONNA M sold $47,886 worth of stock or 2,079 shares. On Monday, August 22 the insider WARDELL LISA W bought $204,400. Another trade for 759 shares valued at $18,983 was sold by Riehs Steven. The insider Davis Gregory S sold $28,665. On Monday, August 22 the insider TAYLOR RONALD L sold $35,714. On Thursday, August 18 the insider Groenwald Susan sold $346,487.
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 $44.54 million for 10.44 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.
The stock increased 1.19% or $0.35 during the last trading session, hitting $29.65. DeVry Education Group Inc (NYSE:DV) has risen 71.39% since April 26, 2016 and is uptrending. It has outperformed by 66.13% the S&P500.
DeVry Education Group Inc. is a global well-known provider of educational services. The company has a market cap of $1.86 billion. DeVry Group’s focuses on empowering its students to achieve their educational and career goals. It has a 115.54 P/E ratio. DeVry Group’s institutions offer a range of programs in healthcare, technology, business, accounting, finance and law.
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. $38 is the highest target while $17 is the lowest. The $25.50 average target is -14.00% below today’s ($29.65) stock price. DeVry has been the topic of 18 analyst reports since August 19, 2015 according to StockzIntelligence Inc. Zacks upgraded the stock to “Sell” rating in Wednesday, August 26 report. Credit Suisse upgraded the stock to “Outperform” rating in Wednesday, November 9 report. As per Monday, August 24, the company rating was upgraded by Standpoint Research. Barrington Research upgraded the shares of DV in a report on Wednesday, September 14 to “Outperform” rating. Credit Suisse downgraded the stock to “Neutral” rating in Thursday, June 2 report. As per Wednesday, April 20, the company rating was downgraded by Bank of America. The company was maintained on Friday, February 5 by Compass Point. Credit Suisse initiated DeVry Education Group Inc (NYSE:DV) rating on Wednesday, February 3. Credit Suisse has “Outperform” rating and $29 price target. The stock has “Buy” rating given by Standpoint Research on Friday, August 21. On Friday, February 5 the stock rating was maintained by BMO Capital Markets with “Market Perform”.
Another recent and important DeVry Education Group Inc (NYSE:DV) news was published by Nasdaq.com which published an article titled: “Ex-Dividend Reminder: Cooper Tire & Rubber, Churchill Downs and DeVry …” on November 28, 2016.
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.”
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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