Grand Canyon Education, Inc. $LOPE is Riverbridge Partners LLC’s 4th Largest Position

Riverbridge Partners LLC reduced its position in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 13.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 953,066 shares of the company’s stock after selling 151,119 shares during the period. Grand Canyon Education comprises approximately 3.5% of Riverbridge Partners LLC’s holdings, making the stock its 4th largest position. Riverbridge Partners LLC owned approximately 3.39% of Grand Canyon Education worth $209,217,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in LOPE. American Century Companies Inc. grew its position in Grand Canyon Education by 7.1% during the 1st quarter. American Century Companies Inc. now owns 21,357 shares of the company’s stock worth $3,695,000 after purchasing an additional 1,409 shares in the last quarter. Northern Trust Corp boosted its position in shares of Grand Canyon Education by 8.1% in the first quarter. Northern Trust Corp now owns 370,875 shares of the company’s stock worth $64,169,000 after buying an additional 27,714 shares during the period. Wellington Management Group LLP grew its holdings in shares of Grand Canyon Education by 33.4% during the first quarter. Wellington Management Group LLP now owns 19,684 shares of the company’s stock valued at $3,406,000 after buying an additional 4,930 shares in the last quarter. Quantbot Technologies LP acquired a new position in Grand Canyon Education during the first quarter valued at $924,000. Finally, Credit Agricole S A lifted its stake in Grand Canyon Education by 13,507.0% in the 1st quarter. Credit Agricole S A now owns 13,607 shares of the company’s stock worth $2,354,000 after acquiring an additional 13,507 shares in the last quarter. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Grand Canyon Education in a report on Monday, December 15th. Wall Street Zen cut shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Zacks Research downgraded Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $230.00 price target on shares of Grand Canyon Education in a research note on Tuesday, October 21st. Three equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $220.00.

Grand Canyon Education Stock Performance

LOPE opened at $165.93 on Monday. The company has a market cap of $4.64 billion, a PE ratio of 22.36, a price-to-earnings-growth ratio of 1.22 and a beta of 0.78. The stock has a 50-day moving average of $177.06 and a 200-day moving average of $187.41. Grand Canyon Education, Inc. has a 52-week low of $149.83 and a 52-week high of $223.04.

Grand Canyon Education (NASDAQ:LOPE) last posted its earnings results on Wednesday, November 5th. The company reported $1.78 earnings per share for the quarter, hitting the consensus estimate of $1.78. Grand Canyon Education had a return on equity of 32.41% and a net margin of 19.38%.The firm had revenue of $261.14 million during the quarter, compared to analyst estimates of $259.97 million. During the same period in the previous year, the company earned $1.48 EPS. The company’s revenue for the quarter was up 9.6% on a year-over-year basis. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS and its Q4 2025 guidance at 3.130-3.240 EPS. On average, research analysts predict that Grand Canyon Education, Inc. will post 8.81 earnings per share for the current year.

Grand Canyon Education Company Profile

Grand Canyon Education, Inc provides a suite of higher‐education services through a long-term agreement with Grand Canyon University (GCU), one of the nation’s largest private Christian universities. The company’s offerings encompass a full range of academic and operational support functions, including enrollment management, student recruitment, curriculum development, instructional delivery, and technology infrastructure. Through its online program management capabilities, Grand Canyon Education helps design, market and deliver undergraduate, graduate and certificate programs to meet the needs of both traditional and non‐traditional learners.

Core services include digital marketing, admissions support, student success coaching, learning management systems and faculty recruitment.