Wolverine Asset Management LLC acquired a new stake in Capella Education (NASDAQ:CPLA) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 21,350 shares of the company’s stock, valued at approximately $1,652,000. Wolverine Asset Management LLC owned approximately 0.18% of Capella Education as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in shares of Capella Education by 371.6% during the second quarter. Royal Bank of Canada now owns 1,924 shares of the company’s stock worth $164,000 after purchasing an additional 1,516 shares in the last quarter. UBS Asset Management Americas Inc. purchased a new stake in shares of Capella Education during the fourth quarter worth about $209,000. Cubist Systematic Strategies LLC purchased a new stake in shares of Capella Education during the third quarter worth about $220,000. Kellner Capital LLC purchased a new stake in shares of Capella Education during the fourth quarter worth about $271,000. Finally, Crossmark Global Holdings Inc. purchased a new stake in shares of Capella Education during the third quarter worth about $268,000. 94.83% of the stock is owned by institutional investors and hedge funds.
Capella Education (NASDAQ:CPLA) opened at $88.50 on Monday. The firm has a market cap of $1,032.41, a PE ratio of 45.67, a P/E/G ratio of 2.47 and a beta of 0.45. Capella Education has a 52-week low of $65.15 and a 52-week high of $99.25.
The company also recently announced a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Thursday, March 8th will be issued a $0.43 dividend. The ex-dividend date is Wednesday, March 7th. This represents a $1.72 annualized dividend and a yield of 1.94%. Capella Education’s payout ratio is 88.66%.
A number of research firms have recently commented on CPLA. Zacks Investment Research raised shares of Capella Education from a “hold” rating to a “buy” rating and set a $95.00 target price for the company in a research note on Wednesday, March 7th. BMO Capital Markets restated a “buy” rating on shares of Capella Education in a research report on Thursday, November 30th. BidaskClub upgraded shares of Capella Education from a “sell” rating to a “hold” rating in a research report on Wednesday, March 7th. Barrington Research restated a “hold” rating on shares of Capella Education in a research report on Monday, March 5th. Finally, Piper Jaffray Companies upgraded shares of Capella Education from a “neutral” rating to an “overweight” rating in a research report on Monday, March 5th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $91.50.
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Capella Education Company Profile
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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