Tudor Investment Corp ET AL Increases Stock Position in Grand Canyon Education, Inc. (NASDAQ:LOPE)

Tudor Investment Corp ET AL boosted its holdings in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 8.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,339 shares of the company’s stock after purchasing an additional 181 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Grand Canyon Education were worth $383,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of LOPE. Barclays PLC raised its holdings in shares of Grand Canyon Education by 0.4% in the third quarter. Barclays PLC now owns 18,977 shares of the company’s stock valued at $2,692,000 after buying an additional 84 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Grand Canyon Education during the 3rd quarter valued at approximately $86,000. Franklin Resources Inc. lifted its position in Grand Canyon Education by 10.7% during the 3rd quarter. Franklin Resources Inc. now owns 37,523 shares of the company’s stock worth $5,014,000 after acquiring an additional 3,630 shares during the period. GAMMA Investing LLC grew its stake in shares of Grand Canyon Education by 16.2% in the 4th quarter. GAMMA Investing LLC now owns 891 shares of the company’s stock valued at $146,000 after purchasing an additional 124 shares during the last quarter. Finally, Diversified Trust Co acquired a new position in shares of Grand Canyon Education in the fourth quarter valued at approximately $201,000. Institutional investors and hedge funds own 94.17% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. StockNews.com downgraded Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Thursday, April 24th. BMO Capital Markets raised their target price on shares of Grand Canyon Education from $181.00 to $202.00 and gave the stock an “outperform” rating in a research note on Friday, February 21st. Finally, Barrington Research boosted their price target on shares of Grand Canyon Education from $205.00 to $215.00 and gave the stock an “outperform” rating in a research note on Wednesday.

Grand Canyon Education Stock Performance

NASDAQ:LOPE opened at $196.10 on Friday. The stock has a market capitalization of $5.57 billion, a price-to-earnings ratio of 25.34, a PEG ratio of 1.42 and a beta of 0.80. Grand Canyon Education, Inc. has a 1 year low of $130.69 and a 1 year high of $202.28. The stock has a fifty day moving average price of $174.72 and a two-hundred day moving average price of $169.33.

Grand Canyon Education (NASDAQ:LOPE) last announced its quarterly earnings data on Tuesday, May 6th. The company reported $2.57 EPS for the quarter, beating the consensus estimate of $2.51 by $0.06. Grand Canyon Education had a net margin of 21.90% and a return on equity of 30.67%. The firm had revenue of $289.31 million during the quarter, compared to analysts’ expectations of $287.18 million. During the same quarter last year, the business earned $2.35 earnings per share. The business’s revenue for the quarter was up 5.3% compared to the same quarter last year. On average, analysts predict that Grand Canyon Education, Inc. will post 8.81 EPS for the current 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.