Capella Education Company (CPLA) Stake Lifted by Thrivent Financial For Lutherans
Thrivent Financial For Lutherans grew its position in shares of Capella Education Company (NASDAQ:CPLA) by 7.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,000 shares of the company’s stock after purchasing an additional 490 shares during the period. Thrivent Financial For Lutherans owned approximately 0.06% of Capella Education worth $599,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CPLA. Bank of New York Mellon Corp grew its position in shares of Capella Education by 8.4% during the 1st quarter. Bank of New York Mellon Corp now owns 181,288 shares of the company’s stock valued at $15,414,000 after purchasing an additional 13,982 shares in the last quarter. Comerica Bank grew its position in shares of Capella Education by 4.7% during the 1st quarter. Comerica Bank now owns 12,767 shares of the company’s stock valued at $1,226,000 after purchasing an additional 570 shares in the last quarter. Swiss National Bank grew its position in shares of Capella Education by 3.3% during the 1st quarter. Swiss National Bank now owns 19,000 shares of the company’s stock valued at $1,615,000 after purchasing an additional 600 shares in the last quarter. Karp Capital Management Corp purchased a new position in shares of Capella Education during the 1st quarter valued at $522,000. Finally, Sei Investments Co. grew its position in shares of Capella Education by 3.4% during the 1st quarter. Sei Investments Co. now owns 2,428 shares of the company’s stock valued at $207,000 after purchasing an additional 79 shares in the last quarter. Hedge funds and other institutional investors own 91.54% of the company’s stock.
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Capella Education Company (NASDAQ:CPLA) opened at 68.70 on Friday. Capella Education Company has a 12 month low of $58.29 and a 12 month high of $99.25. The stock has a market capitalization of $801.80 million, a price-to-earnings ratio of 17.73 and a beta of 0.44. The company has a 50-day moving average of $68.16 and a 200 day moving average of $79.96.
Capella Education (NASDAQ:CPLA) last announced its quarterly earnings data on Tuesday, July 25th. The company reported $0.90 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.10. The firm had revenue of $109.60 million for the quarter, compared to the consensus estimate of $109.89 million. Capella Education had a net margin of 10.49% and a return on equity of 20.23%. The company’s revenue was up 2.7% on a year-over-year basis. During the same period last year, the firm earned $0.93 EPS. On average, equities research analysts anticipate that Capella Education Company will post $3.54 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, October 13th. Investors of record on Friday, August 25th were paid a dividend of $0.41 per share. The ex-dividend date was Wednesday, August 23rd. This represents a $1.64 annualized dividend and a yield of 2.39%. Capella Education’s payout ratio is 42.38%.
CPLA has been the subject of a number of recent analyst reports. Zacks Investment Research lowered shares of Capella Education from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 27th. Barrington Research reduced their price target on shares of Capella Education from $98.00 to $90.00 and set an “outperform” rating for the company in a research report on Tuesday, July 25th. BMO Capital Markets reduced their price target on shares of Capella Education from $86.00 to $79.45 and set an “outperform” rating for the company in a research report on Wednesday, July 26th. Finally, BidaskClub lowered shares of Capella Education from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $87.00.
In related news, CEO J Kevin Gilligan sold 2,000 shares of the firm’s stock in a transaction on Tuesday, July 18th. The shares were sold at an average price of $87.36, for a total transaction of $174,720.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.56% of the company’s stock.
About Capella Education
Capella Education Company is an education services company. The Company provides direct path between learning and employment through its online postsecondary education offerings and through programs to develop job-ready skills for demand markets. The company’s segments include post-secondary segment and job-ready skills segment.
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