Capella Education Co. (CPLA) Sees Large Volume Increase
Shares of Capella Education Co. (NASDAQ:CPLA) saw an uptick in trading volume on Tuesday . 111,452 shares traded hands during mid-day trading, an increase of 26% from the previous session’s volume of 88,362 shares.The stock last traded at $55.99 and had previously closed at $54.89.
A number of brokerages have commented on CPLA. Zacks Investment Research lowered Capella Education from a “buy” rating to a “hold” rating in a research report on Thursday, June 16th. Credit Suisse Group AG reiterated a “buy” rating on shares of Capella Education in a research report on Wednesday, June 8th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $54.20.
The firm has a market cap of $655.72 million and a PE ratio of 17.33. The firm has a 50-day moving average of $52.24 and a 200-day moving average of $49.39.
Capella Education (NASDAQ:CPLA) last announced its quarterly earnings data on Tuesday, April 26th. The company reported $0.78 EPS for the quarter, missing the consensus estimate of $0.81 by $0.03. During the same period in the prior year, the company posted $0.80 EPS. The business had revenue of $105.40 million for the quarter, compared to analyst estimates of $105.16 million. Capella Education’s quarterly revenue was down .3% on a year-over-year basis. Equities research analysts predict that Capella Education Co. will post $3.41 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 15th. Shareholders of record on Wednesday, May 25th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, May 23rd. This represents a $1.56 annualized dividend and a yield of 2.84%.
In other Capella Education news, Director Stephen G. Shank sold 90,841 shares of the business’s stock in a transaction that occurred on Wednesday, April 13th. The shares were sold at an average price of $50.20, for a total transaction of $4,560,218.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Stephen G. Shank sold 103,257 shares of the business’s stock in a transaction that occurred on Monday, April 18th. The shares were sold at an average price of $50.69, for a total transaction of $5,234,097.33. The disclosure for this sale can be found here.
A number of hedge funds and institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System increased its position in shares of Capella Education by 1.3% in the fourth quarter. California State Teachers Retirement System now owns 22,604 shares of the company’s stock valued at $1,045,000 after buying an additional 300 shares in the last quarter. First Trust Advisors LP increased its position in shares of Capella Education by 4.3% in the fourth quarter. First Trust Advisors LP now owns 41,741 shares of the company’s stock valued at $1,929,000 after buying an additional 1,708 shares during the period. WBI Investments Inc. bought a new position in shares of Capella Education during the fourth quarter valued at about $2,808,000. GSA Capital Partners LLP increased its position in shares of Capella Education by 31.8% in the fourth quarter. GSA Capital Partners LLP now owns 61,069 shares of the company’s stock valued at $2,823,000 after buying an additional 14,736 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC increased its position in shares of Capella Education by 18.1% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 82,103 shares of the company’s stock valued at $3,795,000 after buying an additional 12,567 shares during the period.
Capella Education Company is an online postsecondary education services company. The Company’s academic programs are delivered through its subsidiary, Capella University (the University), which is an online academic institution offering online postsecondary education services primarily to working adults.
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