EQUITY ALERT: Rosen Law Firm Reminds Bridgepoint Education, Inc. Investors of Important …

NEW YORK, April 2, 2019 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Bridgepoint …

NEW YORK, April 2, 2019 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Bridgepoint Education, Inc. from March 8, 2016 through March 7, 2019, inclusive (the “Class Period”) of the important May 10, 2019 lead plaintiff deadline in the case. The lawsuit seeks to recover damages for Bridgepoint investors under the federal securities laws.

To join the Bridgepoint class action, go to https://www.rosenlegal.com/cases-register-1530.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Bridgepoint’s processes for recording revenue for its Corporate Full Tuition Grant program were inaccurate; (2) Bridgepoint maintained deficient internal controls; (3) due to the foregoing deficiencies, Bridgepoint was prone to and did commit material accounting errors related to revenue, provision for bad debts, accounts receivable and deferred revenue, which resulted in the overstatement of revenue and expenses; and (4) as a result, Bridgepoint’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 10, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to https://www.rosenlegal.com/cases-register-1530.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.

Contact Information:

Laurence Rosen, Esq.

Phillip Kim, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 34th Floor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com

pkim@rosenlegal.com

www.rosenlegal.com

SOURCE Rosen Law Firm, P.A.

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Vanguard Group Inc. Has $12.36 Million Position in Bridgepoint Education Inc (BPI)

Vanguard Group Inc. boosted its position in Bridgepoint Education Inc (NYSE:BPI) by 1.1% during the third quarter, according to the company in its …

Bridgepoint Education logoVanguard Group Inc. boosted its position in Bridgepoint Education Inc (NYSE:BPI) by 1.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,216,242 shares of the company’s stock after buying an additional 13,355 shares during the period. Vanguard Group Inc. owned approximately 4.48% of Bridgepoint Education worth $12,357,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bank of New York Mellon Corp raised its stake in Bridgepoint Education by 36.5% in the 3rd quarter. Bank of New York Mellon Corp now owns 27,066 shares of the company’s stock valued at $275,000 after purchasing an additional 7,232 shares during the last quarter. First Trust Advisors LP raised its stake in Bridgepoint Education by 32.2% in the 3rd quarter. First Trust Advisors LP now owns 40,991 shares of the company’s stock valued at $416,000 after purchasing an additional 9,991 shares during the last quarter. Trexquant Investment LP raised its stake in Bridgepoint Education by 108.5% in the 3rd quarter. Trexquant Investment LP now owns 25,648 shares of the company’s stock valued at $261,000 after purchasing an additional 13,344 shares during the last quarter. Russell Investments Group Ltd. acquired a new position in Bridgepoint Education in the 3rd quarter valued at $197,000. Finally, Ibex Investors LLC purchased a new stake in Bridgepoint Education in the 3rd quarter valued at $206,000. Hedge funds and other institutional investors own 80.99% of the company’s stock.

Shares of NYSE BPI traded down $0.35 during mid-day trading on Monday, reaching $6.20. 616,727 shares of the company’s stock were exchanged, compared to its average volume of 217,412. Bridgepoint Education Inc has a 52-week low of $5.31 and a 52-week high of $13.63. The stock has a market cap of $178.00 million, a PE ratio of 13.19, a P/E/G ratio of 1.25 and a beta of 2.22.

Bridgepoint Education (NYSE:BPI) last announced its earnings results on Tuesday, March 12th. The company reported ($0.23) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.11). Bridgepoint Education had a net margin of 2.32% and a return on equity of 11.78%. The firm had revenue of $94.71 million for the quarter, compared to analysts’ expectations of $102.20 million. Analysts expect that Bridgepoint Education Inc will post 0.56 EPS for the current fiscal year.

Several brokerages have issued reports on BPI. Zacks Investment Research cut Bridgepoint Education from a “hold” rating to a “sell” rating in a report on Wednesday, March 13th. ValuEngine cut Bridgepoint Education from a “sell” rating to a “strong sell” rating in a report on Thursday, March 7th. Barrington Research reiterated a “buy” rating on shares of Bridgepoint Education in a report on Tuesday, January 8th. Finally, TheStreet cut Bridgepoint Education from a “b-” rating to a “c+” rating in a report on Tuesday, November 27th.

In related news, Director Robert D. Hartman sold 5,925 shares of the firm’s stock in a transaction dated Thursday, February 28th. The stock was sold at an average price of $10.37, for a total transaction of $61,442.25. Following the completion of the transaction, the director now directly owns 66,871 shares in the company, valued at approximately $693,452.27. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 31.90% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This news story was published by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this news story can be read at https://www.fairfieldcurrent.com/news/2019/03/18/vanguard-group-inc-acquires-13355-shares-of-bridgepoint-education-inc-bpi.html.

Bridgepoint Education Company Profile

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.

Read More: Cost of Debt

Institutional Ownership by Quarter for Bridgepoint Education (NYSE:BPI)

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Pacific Ridge Capital Partners Has Boosted Its Bridgepoint Education (BPI) Holding by $1.30 …

Pacific Ridge Capital Partners Has Boosted Its Bridgepoint Education (BPI) Holding by $1.30 Million; Benchmark Capital Advisors Continues to Hold …

Bridgepoint Education, Inc. (NYSE:BPI) Logo

Pacific Ridge Capital Partners Llc increased its stake in Bridgepoint Education Inc (BPI) by 44.28% based on its latest 2018Q4 regulatory filing with the SEC. Pacific Ridge Capital Partners Llc bought 185,721 shares as the company’s stock rose 30.50% with the market. The institutional investor held 605,157 shares of the consumer services company at the end of 2018Q4, valued at $4.24M, up from 419,436 at the end of the previous reported quarter. Pacific Ridge Capital Partners Llc who had been investing in Bridgepoint Education Inc for a number of months, seems to be bullish on the $170.58M market cap company. The stock decreased 4.17% or $0.27 during the last trading session, reaching $6.28. About 409,097 shares traded or 106.71% up from the average. Bridgepoint Education, Inc. (NYSE:BPI) has risen 58.00% since March 18, 2018 and is uptrending. It has outperformed by 53.63% the S&P500. Some Historical BPI News: 13/03/2018 – BRIDGEPOINT EDUCATION – UNIVERSITY OF ROCKIES WILL ALSO MERGE WITH ASHFORD UNIVERSITY, ITS SISTER INSTITUTION; 29/05/2018 – PRET A MANGER – JAB WILL ACQUIRE PRET FROM BRIDGEPOINT; 29/05/2018 – Luxembourg-based JAB is buying Pret from private equity firm Bridgepoint and other minority investors for an undisclosed sum, Pret said on Tuesday; 29/05/2018 – Bridgepoint bags a healthy return on Pret; 13/03/2018 – Bridgepoint Education to Become an Online Program Management Company; 29/05/2018 – Bridgepoint bags a healthy return; 13/03/2018 – Ashford University and University of the Rockies Plan to Merge and Become an Independent, Non-profit University; 16/04/2018 – BRIDGEPOINT EDUCATION NAMES KEVIN ROYAL CFO; 27/04/2018 – Bridgepoint sale of Care UK will test appetite for outsourcing assets; 17/04/2018 – Bridgepoint Education and Ashford University Celebrate Heroes Day in San Diego

Benchmark Capital Advisors increased its stake in Delta Air Lines Inc De Com New (DAL) by 18.71% based on its latest 2018Q4 regulatory filing with the SEC. Benchmark Capital Advisors bought 6,800 shares as the company’s stock declined 17.12% while stock markets rallied. The institutional investor held 43,150 shares of the transportation company at the end of 2018Q4, valued at $2.15 million, up from 36,350 at the end of the previous reported quarter. Benchmark Capital Advisors who had been investing in Delta Air Lines Inc De Com New for a number of months, seems to be bullish on the $34.33 billion market cap company. The stock decreased 0.89% or $0.45 during the last trading session, reaching $50.74. About 3.98 million shares traded. Delta Air Lines, Inc. (NYSE:DAL) has declined 8.55% since March 18, 2018 and is downtrending. It has underperformed by 12.92% the S&P500. Some Historical DAL News: 12/04/2018 – Delta Air 1Q EPS 77c; 11/05/2018 – Delta Air Lines Presenting at Bank of America Conference May 15; 12/04/2018 – Delta Air Sees 2Q CASM-Ex Fuel and Profit Charing Up 1% to 3%; 17/05/2018 – $AVAV staffers allegedly transported live bombs on a commercial Delta Airlines $DAL flight in 2015; 24/05/2018 – DELTA AIR LINES SAYS INTENDS TO EXPAND EXISTING CODESHARE RELATIONSHIP WITH JET AIRWAYS TO PROVIDE ACCESS TO OTHER DESTINATIONS IN INDIA; 12/04/2018 – DELTA 1Q ADJ. EPS 74C, EST. 73C; 18/04/2018 – Moody’s assigns Baa3 senior unsecured rating to $1.4 billion New York Transportation Development Corporation Special Facilities Revenue Bonds, Series 2018; 02/05/2018 – Delta Air April Traffic Up 3.7%; 12/04/2018 – Delta Air Sees 2Q EPS $1.80-EPS $2; 20/04/2018 – U.S., Europe order emergency checks on engine type in Southwest accident

More notable recent Delta Air Lines, Inc. (NYSE:DAL) news were published by: Benzinga.com which released: “Barron’s Picks And Pans: Applied Materials (NASDAQ:AMAT), Delta (NYSE:DAL), DowDuPont (NYSE:DWDP), Intel (NASDAQ:INTC) And More – Benzinga” on March 09, 2019, also Seekingalpha.com with their article: “BAML cautious on Delta Air Lines – Seeking Alpha” published on January 14, 2019, Fool.com published: “Warren Buffett Just Sold These Stocks – Motley Fool” on February 16, 2019. More interesting news about Delta Air Lines, Inc. (NYSE:DAL) were released by: Seekingalpha.com and their article: “Delta’s Traffic Looks Solid, Bullishness Reinforced – Seeking Alpha” published on November 09, 2018 as well as Seekingalpha.com‘s news article titled: “Delta Air Lines: Phoenix Rising – Seeking Alpha” with publication date: January 30, 2019.

Investors sentiment increased to 0.99 in Q4 2018. Its up 0.23, from 0.76 in 2018Q3. It increased, as 53 investors sold DAL shares while 280 reduced holdings. 92 funds opened positions while 237 raised stakes. 568.97 million shares or 0.15% more from 568.12 million shares in 2018Q3 were reported. Northern Tru Corporation holds 0.09% or 6.55 million shares. Captrust Financial Advsr holds 0.01% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL) for 4,506 shares. Moreover, Eidelman Virant Capital has 0% invested in Delta Air Lines, Inc. (NYSE:DAL). Provise Mgmt Limited holds 0.08% or 9,602 shares. Ws Management Lllp has 264,657 shares. The California-based Mirador Capital Prtn Limited Partnership has invested 1.06% in Delta Air Lines, Inc. (NYSE:DAL). Louisiana State Employees Retirement invested in 32,700 shares or 0.09% of the stock. Management Va accumulated 194,870 shares or 3.02% of the stock. Moreover, Boys Arnold And has 0.1% invested in Delta Air Lines, Inc. (NYSE:DAL). Lazard Asset Mgmt Ltd reported 4,637 shares stake. Cubist Systematic Strategies invested in 82,309 shares or 0.19% of the stock. Blackrock invested in 0.09% or 35.53 million shares. Alyeska Inv Gru Limited Partnership stated it has 0.8% of its portfolio in Delta Air Lines, Inc. (NYSE:DAL). M&R Cap stated it has 13,395 shares. Sterling Capital Management Lc owns 37,815 shares.

Since December 17, 2018, it had 6 insider purchases, and 2 insider sales for $262.41 million activity. BLAKE FRANCIS S bought $249,743 worth of stock or 5,185 shares. $3.00M worth of Delta Air Lines, Inc. (NYSE:DAL) was sold by Bastian Edward H on Thursday, December 27. Another trade for 5.37 million shares valued at $265.23 million was bought by BERKSHIRE HATHAWAY INC. The insider West W Gilbert sold 21,000 shares worth $1.06M.

Bridgepoint Education, Inc. (NYSE:BPI) Institutional Positions Chart

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EQUITY ALERT: Rosen Law Firm Encourages Bridgepoint Education, Inc. Investors with Over $100 …

NEW YORK–(BUSINESS WIRE)–Mar 13, 2019–Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Bridgepoint …

NEW YORK–(BUSINESS WIRE)–Mar 13, 2019–Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Bridgepoint Education, Inc. (NYSE:BPI) from March 8, 2016 through March 7, 2019, inclusive (the “Class Period”) of the important May 10, 2019 lead plaintiff deadline in the case. The lawsuit seeks to recover damages for Bridgepoint investors under the federal securities laws.

To join the Bridgepoint class action, go to https://www.rosenlegal.com/cases-register-1530.html or call Phillip Kim, Esq. or Zachary Halper, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or zhalper@rosenlegal.com for information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Bridgepoint’s processes for recording revenue for its Corporate Full Tuition Grant program were inaccurate; (2) Bridgepoint maintained deficient internal controls; (3) due to the foregoing deficiencies, Bridgepoint was prone to and did commit material accounting errors related to revenue, provision for bad debts, accounts receivable and deferred revenue, which resulted in the overstatement of revenue and expenses; and (4) as a result, Bridgepoint’s public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 10, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to https://www.rosenlegal.com/cases-register-1530.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. or Zachary Halper, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or zhalper@rosenlegal.com.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen—firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190313005884/en/

CONTACT: Laurence Rosen, Esq.

Phillip Kim, Esq.

Zachary Halper, Esq.

The Rosen Law Firm, P.A.

275 Madison Avenue, 34thFloor

New York, NY 10016

Tel: (212) 686-1060

Toll Free: (866) 767-3653

Fax: (212) 202-3827

lrosen@rosenlegal.com

pkim@rosenlegal.com

zhalper@rosenlegal.com

www.rosenlegal.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: The Rosen Law Firm, P.A.

Copyright Business Wire 2019.

PUB: 03/13/2019 05:45 PM/DISC: 03/13/2019 05:45 PM

http://www.businesswire.com/news/home/20190313005884/en

Vanguard Group Inc. Acquires 13355 Shares of Bridgepoint Education Inc (BPI)

Vanguard Group Inc. grew its stake in shares of Bridgepoint Education Inc (NYSE:BPI) by 1.1% during the third quarter, according to its most recent …

Bridgepoint Education logoVanguard Group Inc. grew its stake in shares of Bridgepoint Education Inc (NYSE:BPI) by 1.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,216,242 shares of the company’s stock after buying an additional 13,355 shares during the quarter. Vanguard Group Inc. owned about 4.48% of Bridgepoint Education worth $12,357,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in BPI. Russell Investments Group Ltd. acquired a new stake in shares of Bridgepoint Education in the third quarter worth $197,000. Ibex Investors LLC acquired a new stake in shares of Bridgepoint Education in the third quarter worth $206,000. Trexquant Investment LP lifted its stake in shares of Bridgepoint Education by 108.5% in the third quarter. Trexquant Investment LP now owns 25,648 shares of the company’s stock worth $261,000 after buying an additional 13,344 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Bridgepoint Education by 36.5% in the third quarter. Bank of New York Mellon Corp now owns 27,066 shares of the company’s stock worth $275,000 after buying an additional 7,232 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Bridgepoint Education by 143.0% in the second quarter. Bank of America Corp DE now owns 49,136 shares of the company’s stock worth $321,000 after buying an additional 28,918 shares during the last quarter. Institutional investors and hedge funds own 82.88% of the company’s stock.

In other news, Director Robert D. Hartman sold 5,925 shares of the stock in a transaction on Thursday, February 28th. The shares were sold at an average price of $10.37, for a total value of $61,442.25. Following the completion of the transaction, the director now owns 66,871 shares in the company, valued at approximately $693,452.27. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 31.90% of the company’s stock.

A number of analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Bridgepoint Education from a “hold” rating to a “buy” rating and set a $11.00 price objective for the company in a research note on Wednesday, February 20th. ValuEngine cut shares of Bridgepoint Education from a “sell” rating to a “strong sell” rating in a research note on Thursday. Barrington Research reiterated a “buy” rating on shares of Bridgepoint Education in a research note on Tuesday, January 8th. Finally, TheStreet cut shares of Bridgepoint Education from a “b-” rating to a “c+” rating in a research note on Tuesday, November 27th.

Shares of BPI stock opened at $6.34 on Monday. Bridgepoint Education Inc has a 52-week low of $5.31 and a 52-week high of $13.63. The firm has a market capitalization of $172.08 million, a PE ratio of 10.75, a price-to-earnings-growth ratio of 1.63 and a beta of 2.16.

WARNING: This piece was originally reported by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international trademark and copyright law. The legal version of this piece can be read at https://www.fairfieldcurrent.com/news/2019/03/11/vanguard-group-inc-acquires-13355-shares-of-bridgepoint-education-inc-bpi.html.

Bridgepoint Education Company Profile

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.

Further Reading: Moving Average – How it Helps Investors in Stock Selection

Institutional Ownership by Quarter for Bridgepoint Education (NYSE:BPI)

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