Hennion & Walsh Asset Management Inc. Has $767,000 Stock Holdings in Grand Canyon Education, Inc. $LOPE

Hennion & Walsh Asset Management Inc. reduced its stake in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) by 54.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 3,495 shares of the company’s stock after selling 4,132 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in Grand Canyon Education were worth $767,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Millennium Management LLC increased its position in shares of Grand Canyon Education by 16.6% during the first quarter. Millennium Management LLC now owns 117,569 shares of the company’s stock worth $20,342,000 after acquiring an additional 16,704 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Grand Canyon Education by 4,339.5% in the first quarter. NewEdge Advisors LLC now owns 1,909 shares of the company’s stock valued at $330,000 after purchasing an additional 1,866 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Grand Canyon Education by 14.9% during the first quarter. Goldman Sachs Group Inc. now owns 115,508 shares of the company’s stock worth $19,985,000 after buying an additional 15,019 shares during the period. United Services Automobile Association bought a new position in shares of Grand Canyon Education during the first quarter worth about $325,000. Finally, Empowered Funds LLC raised its position in Grand Canyon Education by 2.1% in the 1st quarter. Empowered Funds LLC now owns 7,925 shares of the company’s stock valued at $1,371,000 after buying an additional 161 shares during the last quarter. Institutional investors own 94.17% of the company’s stock.

Analyst Ratings Changes

LOPE has been the subject of several research reports. Wall Street Zen cut shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Barrington Research restated an “outperform” rating and issued a $230.00 price objective on shares of Grand Canyon Education in a report on Tuesday, October 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Grand Canyon Education in a report on Monday, December 29th. Finally, Zacks Research lowered Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

Grand Canyon Education Stock Performance

Grand Canyon Education stock opened at $176.41 on Friday. The stock has a 50-day simple moving average of $164.41 and a 200 day simple moving average of $185.49. The stock has a market capitalization of $4.93 billion, a P/E ratio of 23.77, a PEG ratio of 1.16 and a beta of 0.75. 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 released its quarterly earnings data on Wednesday, November 5th. The company reported $1.78 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.78. The company had revenue of $261.14 million during the quarter, compared to analysts’ expectations of $259.97 million. Grand Canyon Education had a return on equity of 32.41% and a net margin of 19.38%.The business’s revenue was up 9.6% on a year-over-year basis. During the same period last year, the firm posted $1.48 earnings per share. 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. Research analysts forecast that Grand Canyon Education, Inc. will post 8.81 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.