Capella Education Co. (CPLA) Reaches New 1-Year 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 changing hands. The stock had previously closed at $56.86.
CPLA has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Capella Education from a “hold” rating to a “buy” rating and set a $62.00 price target on the stock in a report on Thursday, April 28th. Credit Suisse Group AG reiterated a “buy” rating on shares of Capella Education in a report on Wednesday, June 8th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company’s stock. Capella Education has an average rating of “Hold” and an average target price of $54.20.
The company has a 50-day moving average of $53.09 and a 200 day moving average of $49.81. The stock has a market cap of $670.55 million and a PE ratio of 17.72.
Capella Education (NASDAQ:CPLA) last released its quarterly earnings data on Tuesday, April 26th. The company reported $0.78 EPS for the quarter, missing analysts’ consensus estimates of $0.81 by $0.03. The firm earned $105.40 million during the quarter, compared to analyst estimates of $105.16 million. During the same period last year, the firm posted $0.80 EPS. The firm’s revenue was down .3% on a year-over-year basis. Analysts expect that Capella Education Co. will post $3.41 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 15th. Stockholders of record on Wednesday, May 25th were issued a dividend of $0.39 per share. The ex-dividend date was Monday, May 23rd. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.74%.
Other hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its stake in Capella Education by 1.3% in the fourth quarter. California State Teachers Retirement System now owns 22,604 shares of the company’s stock worth $1,045,000 after buying an additional 300 shares during the last quarter. First Trust Advisors LP boosted its stake 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 worth $1,929,000 after buying an additional 1,708 shares during the period. WBI Investments Inc. acquired a new stake in shares of Capella Education during the fourth quarter worth $2,808,000. GSA Capital Partners LLP boosted its stake 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 worth $2,823,000 after buying an additional 14,736 shares during the period. Finally, Matarin Capital Management LLC acquired a new stake in shares of Capella Education during the fourth quarter worth $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.