Bridgepoint Education (BPI) Rating Increased to Hold at ValuEngine

ValuEngine upgraded shares of Bridgepoint Education (NYSE:BPI) from a sell rating to a hold rating in a report issued on Monday.

A number of other equities analysts have also issued reports on the company. Barrington Research reaffirmed a buy rating on shares of Bridgepoint Education in a research note on Tuesday, January 8th. TheStreet lowered Bridgepoint Education from a b- rating to a c+ rating in a research note on Tuesday, November 27th. Finally, Zacks Investment Research lowered Bridgepoint Education from a strong-buy rating to a hold rating in a research note on Wednesday, November 14th.

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Shares of NYSE BPI opened at $8.31 on Monday. The firm has a market cap of $220.67 million, a price-to-earnings ratio of 14.08, a PEG ratio of 1.32 and a beta of 2.16. Bridgepoint Education has a 1 year low of $5.31 and a 1 year high of $13.63.

Bridgepoint Education (NYSE:BPI) last issued its quarterly earnings results on Thursday, November 8th. The company reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.07. The firm had revenue of $114.86 million during the quarter, compared to analyst estimates of $117.25 million. Bridgepoint Education had a return on equity of 13.35% and a net margin of 3.96%. The firm’s quarterly revenue was down 3.8% on a year-over-year basis. During the same period last year, the company posted $0.25 EPS. On average, equities research analysts predict that Bridgepoint Education will post 0.71 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of BPI. JPMorgan Chase & Co. boosted its stake in shares of Bridgepoint Education by 1,199.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 181,616 shares of the company’s stock worth $1,846,000 after acquiring an additional 167,635 shares in the last quarter. Russell Investments Group Ltd. bought a new stake in shares of Bridgepoint Education during the 3rd quarter worth $197,000. Pacific Ridge Capital Partners LLC boosted its stake in shares of Bridgepoint Education by 5.7% during the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 419,436 shares of the company’s stock worth $4,261,000 after acquiring an additional 22,613 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Bridgepoint Education by 27.5% during the 2nd quarter. Renaissance Technologies LLC now owns 1,094,558 shares of the company’s stock worth $7,147,000 after acquiring an additional 236,400 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new stake in shares of Bridgepoint Education during the 3rd quarter worth $3,679,000. 81.94% of the stock is owned by hedge funds and other institutional investors.

About Bridgepoint Education

Bridgepoint Education, Inc, together with its subsidiaries, provides postsecondary education services in the United States. Its academic institutions, Ashford University and University of the Rockies, offer associate's, bachelor's, master's, and doctoral degree programs in the disciplines of business, education, psychology, social sciences, and health sciences.

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