WINTON GROUP Ltd Buys Shares of 38,652 Grand Canyon Education, Inc. $LOPE

WINTON GROUP Ltd bought a new stake in Grand Canyon Education, Inc. (NASDAQ:LOPE) in the 4th quarter, Holdings Channel reports. The institutional investor bought 38,652 shares of the company’s stock, valued at approximately $6,428,000.

Several other large investors have also recently bought and sold shares of LOPE. International Assets Investment Management LLC bought a new position in shares of Grand Canyon Education during the fourth quarter worth about $25,000. Larson Financial Group LLC raised its position in shares of Grand Canyon Education by 70.7% during the fourth quarter. Larson Financial Group LLC now owns 157 shares of the company’s stock worth $26,000 after acquiring an additional 65 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of Grand Canyon Education by 98.2% during the fourth quarter. Hantz Financial Services Inc. now owns 218 shares of the company’s stock worth $36,000 after acquiring an additional 108 shares during the last quarter. Employees Retirement System of Texas bought a new position in shares of Grand Canyon Education during the third quarter worth about $48,000. Finally, Financial Life Planners bought a new position in shares of Grand Canyon Education during the third quarter worth about $49,000. 94.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on LOPE shares. Barrington Research restated an “outperform” rating and set a $230.00 price objective on shares of Grand Canyon Education in a research report on Thursday, April 16th. Weiss Ratings restated a “hold (c+)” rating on shares of Grand Canyon Education in a research report on Friday, April 10th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Grand Canyon Education in a research report on Thursday. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Grand Canyon Education presently has an average rating of “Moderate Buy” and an average target price of $220.00.

Grand Canyon Education Stock Performance

Shares of LOPE stock opened at $152.57 on Friday. The company has a market cap of $4.04 billion, a P/E ratio of 19.07, a PEG ratio of 1.00 and a beta of 0.56. The stock has a 50 day simple moving average of $163.81 and a two-hundred day simple moving average of $164.77. Grand Canyon Education, Inc. has a fifty-two week low of $145.00 and a fifty-two week high of $223.04.

Grand Canyon Education (NASDAQ:LOPE) last issued its earnings results on Thursday, April 30th. The company reported $2.86 earnings per share for the quarter, topping analysts’ consensus estimates of $2.78 by $0.08. The business had revenue of $308.76 million during the quarter, compared to the consensus estimate of $307.75 million. Grand Canyon Education had a return on equity of 34.72% and a net margin of 19.54%.The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period in the previous year, the company posted $2.57 earnings per share. On average, research analysts predict that Grand Canyon Education, Inc. will post 10.22 earnings per share for the current year.

Grand Canyon Education 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.