Ifrah Financial Services Inc. Has $253,000 Stock Holdings in Grand Canyon Education, Inc. (NASDAQ:LOPE)

Ifrah Financial Services Inc. decreased its holdings in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) by 5.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,914 shares of the company’s stock after selling 120 shares during the period. Ifrah Financial Services Inc.’s holdings in Grand Canyon Education were worth $253,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Los Angeles Capital Management LLC boosted its position in Grand Canyon Education by 75.5% during the fourth quarter. Los Angeles Capital Management LLC now owns 410,815 shares of the company’s stock worth $54,244,000 after purchasing an additional 176,797 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of Grand Canyon Education by 824.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 173,643 shares of the company’s stock worth $22,928,000 after buying an additional 154,858 shares during the period. Van Berkom & Associates Inc. grew its stake in Grand Canyon Education by 11.9% in the 3rd quarter. Van Berkom & Associates Inc. now owns 871,871 shares of the company’s stock valued at $101,904,000 after buying an additional 92,445 shares during the last quarter. William Blair Investment Management LLC raised its holdings in Grand Canyon Education by 15.9% in the 3rd quarter. William Blair Investment Management LLC now owns 429,848 shares of the company’s stock worth $50,241,000 after acquiring an additional 59,089 shares during the period. Finally, Heartland Advisors Inc. lifted its position in Grand Canyon Education by 280.9% during the 3rd quarter. Heartland Advisors Inc. now owns 79,997 shares of the company’s stock worth $9,350,000 after acquiring an additional 58,994 shares during the last quarter. Institutional investors own 94.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Barrington Research reiterated an “outperform” rating and issued a $160.00 price objective on shares of Grand Canyon Education in a research note on Thursday, April 18th.

Insider Transactions at Grand Canyon Education

In related news, CTO Dilek Marsh sold 1,500 shares of the company’s stock in a transaction on Monday, March 18th. The stock was sold at an average price of $132.65, for a total value of $198,975.00. Following the completion of the transaction, the chief technology officer now directly owns 25,674 shares in the company, valued at $3,405,656.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.00% of the stock is owned by insiders.

Grand Canyon Education Trading Up 1.6 %

NASDAQ:LOPE traded up $2.09 during trading hours on Friday, hitting $136.11. 173,998 shares of the company traded hands, compared to its average volume of 178,454. The stock has a market capitalization of $4.05 billion, a price-to-earnings ratio of 20.02, a P/E/G ratio of 1.17 and a beta of 0.60. The firm has a 50-day moving average of $132.68 and a 200 day moving average of $131.62. Grand Canyon Education, Inc. has a twelve month low of $99.65 and a twelve month high of $144.94.

Grand Canyon Education (NASDAQ:LOPE) last released its earnings results on Tuesday, February 13th. The company reported $2.77 earnings per share for the quarter, beating the consensus estimate of $2.72 by $0.05. Grand Canyon Education had a net margin of 21.33% and a return on equity of 31.75%. The business had revenue of $278.28 million during the quarter, compared to analysts’ expectations of $275.00 million. Equities research analysts predict that Grand Canyon Education, Inc. will post 7.65 earnings per share for the current fiscal year.

Grand Canyon Education Profile

Grand Canyon Education, Inc provides education services to colleges and universities in the United States. It offers technology services, including learning management system, internal administration, infrastructure, and support services; academic services, such as program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support services comprising admission, financial aid, and field experience and other counseling services.