Shares of Capella Education Co. (NASDAQ:CPLA) rose 3.7% during mid-day trading on Friday . The company traded as high as $62.71 and last traded at $62.13, with a volume of 64,447 shares changing hands. The stock had previously closed at $59.92.

CPLA has been the topic of a number of research analyst reports. Zacks Investment Research raised Capella Education from a “hold” rating to a “buy” rating and set a $62.00 target price on the stock in a research report on Thursday, April 28th. Credit Suisse Group AG reissued a “buy” rating on shares of Capella Education in a research report on Wednesday, June 8th. Finally, Barrington Research boosted their target price on Capella Education from $60.00 to $66.00 and gave the company an “outperform” rating in a research report on Wednesday, July 27th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $56.60.

The firm has a 50 day moving average price of $57.71 and a 200-day moving average price of $52.37. The company has a market cap of $718.64 million and a price-to-earnings ratio of 19.28.

Capella Education (NASDAQ:CPLA) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $0.82 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.87 by $0.05. During the same period last year, the business posted $0.83 earnings per share. The firm had revenue of $106.70 million for the quarter, compared to analyst estimates of $105.93 million. Capella Education’s quarterly revenue was up 2.0% on a year-over-year basis. On average, equities research analysts forecast that Capella Education Co. will post $3.49 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Stockholders of record on Friday, August 26th will be paid a dividend of $0.39 per share. The ex-dividend date of this dividend is Wednesday, August 24th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.51%.

In related news, CEO J Kevin Gilligan sold 16,892 shares of the firm’s stock in a transaction that occurred on Friday, August 19th. The shares were sold at an average price of $59.23, for a total transaction of $1,000,513.16. Following the sale, the chief executive officer now owns 69,705 shares in the company, valued at $4,128,627.15. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

A hedge fund recently bought a new stake in Capella Education stock. Matarin Capital Management LLC bought a new position in Capella Education Co. (NASDAQ:CPLA) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm bought 121,041 shares of the company’s stock, valued at approximately $5,595,000. Matarin Capital Management LLC owned approximately 1.02% of Capella Education as of its most recent filing with the SEC.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.