Grand Canyon Education (NASDAQ:LOPE – Get Rating) will release its earnings data after the market closes on Thursday, February 16th. Analysts expect Grand Canyon Education to post earnings of $2.25 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
Grand Canyon Education Stock Up 0.2 %
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LOPE opened at $113.48 on Thursday. Grand Canyon Education has a twelve month low of $72.00 and a twelve month high of $119.42. The company has a 50-day simple moving average of $109.86 and a 200 day simple moving average of $97.36. The stock has a market capitalization of $3.53 billion, a price-to-earnings ratio of 20.37, a P/E/G ratio of 1.21 and a beta of 0.58.
Analyst Ratings Changes
Several research firms recently weighed in on LOPE. TheStreet raised shares of Grand Canyon Education from a “c+” rating to a “b-” rating in a research report on Wednesday, November 9th. StockNews.com cut shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Saturday, November 5th. Finally, BMO Capital Markets increased their target price on shares of Grand Canyon Education from $98.00 to $120.00 in a report on Friday, November 11th.
Insider Activity at Grand Canyon Education
In related news, Director Sara R. Dial sold 1,614 shares of the firm’s stock in a transaction that occurred on Thursday, December 8th. The shares were sold at an average price of $107.27, for a total value of $173,133.78. Following the completion of the transaction, the director now owns 3,972 shares in the company, valued at approximately $426,076.44. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 1.80% of the stock is owned by company insiders.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the business. HighTower Advisors LLC increased its position in Grand Canyon Education by 38.2% during the 1st quarter. HighTower Advisors LLC now owns 13,507 shares of the company’s stock valued at $1,307,000 after purchasing an additional 3,737 shares during the period. PNC Financial Services Group Inc. increased its position in Grand Canyon Education by 16.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 8,384 shares of the company’s stock valued at $813,000 after purchasing an additional 1,184 shares during the period. Bank of Montreal Can increased its position in Grand Canyon Education by 57.8% during the 1st quarter. Bank of Montreal Can now owns 9,697 shares of the company’s stock valued at $948,000 after purchasing an additional 3,553 shares during the period. Acadian Asset Management LLC acquired a new stake in Grand Canyon Education during the 1st quarter valued at approximately $686,000. Finally, MetLife Investment Management LLC increased its position in Grand Canyon Education by 32.0% during the 1st quarter. MetLife Investment Management LLC now owns 25,625 shares of the company’s stock valued at $2,488,000 after purchasing an additional 6,205 shares during the period. Institutional investors own 96.81% of the company’s stock.
Grand Canyon Education Company Profile
Grand Canyon Education, Inc engages in the provision of education services. It offers graduate and undergraduate degree programs and certificates across colleges. The company was founded by Christopher C. Richardson and Brent D. Richardson in November 2003 and is headquartered in Phoenix, AZ.
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