Candriam S.C.A. Sells 1,318 Shares of Grand Canyon Education, Inc. $LOPE

Candriam S.C.A. lessened its position in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) by 15.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,125 shares of the company’s stock after selling 1,318 shares during the quarter. Candriam S.C.A.’s holdings in Grand Canyon Education were worth $1,347,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Police & Firemen s Retirement System of New Jersey increased its position in shares of Grand Canyon Education by 2.0% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 10,629 shares of the company’s stock valued at $2,009,000 after purchasing an additional 213 shares during the last quarter. Advyzon Investment Management LLC grew its position in Grand Canyon Education by 20.3% during the second quarter. Advyzon Investment Management LLC now owns 1,806 shares of the company’s stock valued at $341,000 after buying an additional 305 shares during the period. Vise Technologies Inc. purchased a new stake in Grand Canyon Education during the second quarter valued at approximately $204,000. Lisanti Capital Growth LLC raised its position in Grand Canyon Education by 57.7% in the second quarter. Lisanti Capital Growth LLC now owns 12,160 shares of the company’s stock worth $2,298,000 after acquiring an additional 4,450 shares during the period. Finally, Acadian Asset Management LLC raised its position in Grand Canyon Education by 35.5% in the second quarter. Acadian Asset Management LLC now owns 258,647 shares of the company’s stock worth $48,868,000 after acquiring an additional 67,782 shares during the period. 94.17% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on LOPE shares. Barrington Research restated an “outperform” rating and issued a $230.00 price objective on shares of Grand Canyon Education in a research note on Tuesday, October 21st. Wall Street Zen lowered 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, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Grand Canyon Education in a research report on Tuesday, November 11th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $220.00.

Grand Canyon Education Stock Performance

LOPE stock opened at $167.78 on Monday. The company’s fifty day moving average price is $203.43 and its 200-day moving average price is $193.62. Grand Canyon Education, Inc. has a one year low of $153.82 and a one year high of $223.04. The company has a market capitalization of $4.69 billion, a PE ratio of 20.31, a price-to-earnings-growth ratio of 1.50 and a beta of 0.74.

Grand Canyon Education (NASDAQ:LOPE) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $1.78 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.78. Grand Canyon Education had a net margin of 22.15% and a return on equity of 31.50%. The company had revenue of $261.14 million for the quarter, compared to the consensus estimate of $259.97 million. During the same period in the previous year, the firm posted $1.48 EPS. Grand Canyon Education’s revenue for the quarter was up 9.6% compared to the same quarter last year. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS. Q4 2025 guidance at 3.130-3.240 EPS. On average, research analysts predict that Grand Canyon Education, Inc. will post 8.81 EPS for the current fiscal year.

Grand Canyon Education Company 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.