Prudential Financial Inc. Cuts Stock Holdings in Grand Canyon Education, Inc. (NASDAQ:LOPE)

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Prudential Financial Inc. decreased its position in Grand Canyon Education, Inc. (NASDAQ:LOPE – Free Report) by 48.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,810 shares of the company’s stock after selling 1,680 shares during the quarter. [...]

Prudential Financial Inc. decreased its position in Grand Canyon Education, Inc. ( NASDAQ:LOPE – Free Report ) by 48.

1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,810 shares of the company’s stock after selling 1,680 shares during the quarter. Prudential Financial Inc.



’s holdings in Grand Canyon Education were worth $296,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently made changes to their positions in LOPE. Boston Partners grew its position in Grand Canyon Education by 68.

6% in the 4th quarter. Boston Partners now owns 392,954 shares of the company’s stock worth $64,786,000 after purchasing an additional 159,827 shares in the last quarter. Raymond James Financial Inc.

bought a new position in shares of Grand Canyon Education in the fourth quarter valued at approximately $10,262,000. Teacher Retirement System of Texas increased its position in shares of Grand Canyon Education by 177.4% during the fourth quarter.

Teacher Retirement System of Texas now owns 50,553 shares of the company’s stock valued at $8,281,000 after acquiring an additional 32,329 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in Grand Canyon Education during the fourth quarter worth $2,768,000. Finally, Harel Insurance Investments & Financial Services Ltd.

boosted its position in Grand Canyon Education by 33.5% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd.

now owns 44,786 shares of the company’s stock worth $7,336,000 after purchasing an additional 11,245 shares during the last quarter. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Grand Canyon Education Stock Down 2.2 % NASDAQ:LOPE opened at $170.31 on Friday.

The stock has a market cap of $4.89 billion, a P/E ratio of 22.00, a PEG ratio of 1.

42 and a beta of 0.82. The business’s 50-day moving average price is $175.

48 and its two-hundred day moving average price is $163.29. Grand Canyon Education, Inc.

has a twelve month low of $126.17 and a twelve month high of $192.18.

Wall Street Analysts Forecast Growth LOPE has been the subject of several research analyst reports. BMO Capital Markets raised their target price on Grand Canyon Education from $181.00 to $202.

00 and gave the company an “outperform” rating in a research report on Friday, February 21st. StockNews.com raised shares of Grand Canyon Education from a “hold” rating to a “buy” rating in a report on Tuesday, February 25th.

Finally, Barrington Research raised their price target on Grand Canyon Education from $180.00 to $205.00 and gave the stock an “outperform” rating in a report on Thursday, February 20th.

Read Our Latest Report on LOPE About Grand Canyon Education ( 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. Recommended Stories Want to see what other hedge funds are holding LOPE? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for Grand Canyon Education, Inc. ( NASDAQ:LOPE – Free Report ). 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.

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