3 days Ago By ABMN Staff
StockNews.com lowered shares of Grand Canyon Education ( NASDAQ:LOPE – Free Report ) from a buy rating to a hold rating in a report published on Friday. Several other research analysts have also weighed in on LOPE.
BMO Capital Markets lifted their price objective on shares of Grand Canyon Education from $152.00 to $173.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th.
Barrington Research lifted their target price on Grand Canyon Education from $165.00 to $180.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th.
Finally, Robert W. Baird boosted their target price on Grand Canyon Education from $170.00 to $186.
00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Get Our Latest Stock Report on Grand Canyon Education Grand Canyon Education Stock Performance Grand Canyon Education ( NASDAQ:LOPE – Get Free Report ) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $1.
48 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.01.
The business had revenue of $238.30 million for the quarter, compared to analyst estimates of $239.69 million.
Grand Canyon Education had a return on equity of 31.01% and a net margin of 22.09%.
The firm’s revenue was up 7.4% on a year-over-year basis. During the same period last year, the company earned $1.
26 EPS. Equities analysts forecast that Grand Canyon Education will post 8.03 EPS for the current year.
Insider Activity In other Grand Canyon Education news, CTO Dilek Marsh sold 1,500 shares of Grand Canyon Education stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $141.23, for a total value of $211,845.
00. Following the sale, the chief technology officer now owns 22,674 shares of the company’s stock, valued at $3,202,249.02.
This trade represents a 6.21 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website .
Corporate insiders own 2.00% of the company’s stock. Institutional Inflows and Outflows A number of hedge funds have recently modified their holdings of LOPE.
Values First Advisors Inc. acquired a new position in Grand Canyon Education during the 2nd quarter worth approximately $1,961,000. Cetera Investment Advisers acquired a new position in Grand Canyon Education during the first quarter worth $2,180,000.
DekaBank Deutsche Girozentrale grew its position in Grand Canyon Education by 7.0% in the first quarter. DekaBank Deutsche Girozentrale now owns 66,719 shares of the company’s stock valued at $8,865,000 after purchasing an additional 4,388 shares in the last quarter.
SG Americas Securities LLC increased its stake in Grand Canyon Education by 450.7% in the 2nd quarter. SG Americas Securities LLC now owns 17,578 shares of the company’s stock valued at $2,459,000 after buying an additional 14,386 shares during the last quarter.
Finally, State Board of Administration of Florida Retirement System lifted its position in Grand Canyon Education by 14.9% during the 1st quarter. State Board of Administration of Florida Retirement System now owns 46,133 shares of the company’s stock worth $6,284,000 after buying an additional 5,991 shares in the last quarter.
94.17% of the stock is currently owned by institutional investors. Grand Canyon Education Company Profile ( Get Free Report ) Grand Canyon Education, Inc provides education services to colleges and universities in the United States.
It offers technology services, including learning management system, internal administration, infrastructure, and support services; academic services, such as program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support services comprising admission, financial aid, and field experience and other counseling services. See Also Receive News & Ratings for Grand Canyon Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grand Canyon Education and related companies with MarketBeat.com's FREE daily email newsletter .
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