Capella Education Co. (CPLA) Hits New 52-Week High at $57.48
Capella Education Co. (NASDAQ:CPLA) shares reached a new 52-week high on Thursday . The company traded as high as $57.48 and last traded at $57.45, with a volume of 20,803 shares. The stock had previously closed at $56.86.
CPLA has been the topic of a number of research reports. Credit Suisse Group AG reissued a “buy” rating on shares of Capella Education in a research note on Wednesday, June 8th. Zacks Investment Research raised shares of Capella Education from a “hold” rating to a “buy” rating and set a $62.00 target price on the stock in a research note on Thursday, April 28th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. Capella Education presently has a consensus rating of “Hold” and a consensus price target of $54.20.
The company’s 50 day moving average is $53.34 and its 200-day moving average is $49.95. The stock has a market cap of $662.38 million and a PE ratio of 17.50.
Capella Education (NASDAQ:CPLA) last issued its earnings results on Tuesday, April 26th. The company reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.81 by $0.03. The business had revenue of $105.40 million for the quarter, compared to the consensus estimate of $105.16 million. During the same quarter in the prior year, the firm earned $0.80 EPS. The company’s revenue for the quarter was down .3% compared to the same quarter last year. On average, equities research analysts forecast that Capella Education Co. will post $3.41 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, July 15th. Shareholders of record on Wednesday, May 25th were given a dividend of $0.39 per share. The ex-dividend date was Monday, May 23rd. This represents a $1.56 annualized dividend and a yield of 2.75%.
A number of hedge funds and institutional investors recently modified their holdings of CPLA. California State Teachers Retirement System raised 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 during the last quarter. First Trust Advisors LP raised 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 last quarter. WBI Investments Inc. bought a new position in shares of Capella Education during the fourth quarter valued at $2,808,000. GSA Capital Partners LLP raised 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 last quarter. Finally, Matarin Capital Management LLC bought a new position in shares of Capella Education during the fourth quarter valued at $5,595,000.
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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