Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Devry Education Group Inc. (DV): International Value Advisers Lowers Stake

A recent 13D filing with the US Securities and Exchange Commission revealed that Charles-de-Vaulx‘s International Value Advisers has slightly decreased its stake in Devry Education Group Inc. (NYSE:DVand that it currently owns 12.22 million common shares, which amass 19.5% of the outstanding stock. This stake compares to 12.54 million shares International Value Advisers held at the end of March, as reported in its last 13F filing.

Devry Education Group is an educational company that provides professional training in different areas, running in three main sectors – International and Professional Education, Medical and Healthcare, and Business, Technology and Management. Recently, Devry University, which is run by Devry Education Group (NYSE:DV), was sued by The U.S. Federal Trade Commission on the account of deceiving students about post-graduate job opportunities. Over the past 12 months, the company’s stock has lost 46.83%. Earlier this month, Bank of America reiterated its ‘Sell’ rating with a price target of $16.00, while Credit Suisse reiterated its ‘Hold” rating.

Follow Adtalem Global Education Inc. (NYSE:ATGE)
Trade (NYSE:ATGE) Now!

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.