Grand Canyon Education, Inc. $LOPE Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp decreased its position in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 41.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 7,912 shares of the company’s stock after selling 5,593 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Grand Canyon Education were worth $1,737,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Summit Global Investments increased its position in Grand Canyon Education by 39.6% during the 2nd quarter. Summit Global Investments now owns 12,190 shares of the company’s stock worth $2,304,000 after purchasing an additional 3,460 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Grand Canyon Education by 20.1% during the 2nd quarter. Bank of New York Mellon Corp now owns 296,110 shares of the company’s stock worth $55,965,000 after purchasing an additional 49,562 shares during the last quarter. Callan Family Office LLC purchased a new stake in shares of Grand Canyon Education during the second quarter worth about $852,000. Acadian Asset Management LLC raised its position in shares of Grand Canyon Education by 35.5% in the second quarter. Acadian Asset Management LLC now owns 258,647 shares of the company’s stock valued at $48,868,000 after buying an additional 67,782 shares during the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in shares of Grand Canyon Education during the second quarter valued at approximately $235,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on LOPE shares. Barrington Research reaffirmed an “outperform” rating and issued a $230.00 target price on shares of Grand Canyon Education in a research note on Thursday, January 22nd. Zacks Research downgraded Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings lowered Grand Canyon Education from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, January 13th. Finally, Wall Street Zen cut Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $220.00.

Grand Canyon Education Trading Up 0.8%

LOPE stock opened at $173.84 on Friday. The company has a market cap of $4.86 billion, a PE ratio of 23.43, a price-to-earnings-growth ratio of 1.14 and a beta of 0.75. The stock has a 50-day moving average price of $166.95 and a two-hundred day moving average price of $184.95. Grand Canyon Education, Inc. has a 12-month low of $149.83 and a 12-month high of $223.04.

Grand Canyon Education (NASDAQ:LOPE) last released its quarterly earnings data on Wednesday, November 5th. The company reported $1.78 earnings per share for the quarter, meeting the consensus estimate of $1.78. The business had revenue of $261.14 million for the quarter, compared to analyst estimates of $259.97 million. Grand Canyon Education had a return on equity of 32.41% and a net margin of 19.38%.The company’s revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.48 EPS. 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. Equities analysts forecast that Grand Canyon Education, Inc. will post 8.81 EPS for the current fiscal 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.