WINTON GROUP Ltd Invests $6.43 Million in Grand Canyon Education, Inc. $LOPE

WINTON GROUP Ltd bought a new position in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 38,652 shares of the company’s stock, valued at approximately $6,428,000. WINTON GROUP Ltd owned approximately 0.14% of Grand Canyon Education as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. International Assets Investment Management LLC acquired a new stake in shares of Grand Canyon Education during the 4th quarter worth $25,000. Larson Financial Group LLC boosted its stake in Grand Canyon Education by 70.7% in the fourth quarter. Larson Financial Group LLC now owns 157 shares of the company’s stock valued at $26,000 after buying an additional 65 shares in the last quarter. Hantz Financial Services Inc. boosted its stake in Grand Canyon Education by 98.2% in the fourth quarter. Hantz Financial Services Inc. now owns 218 shares of the company’s stock valued at $36,000 after buying an additional 108 shares in the last quarter. Employees Retirement System of Texas acquired a new stake in Grand Canyon Education in the third quarter valued at about $48,000. Finally, Financial Life Planners acquired a new stake in Grand Canyon Education in the third quarter valued at about $49,000. 94.17% of the stock is owned by institutional investors and hedge funds.

Grand Canyon Education Trading Up 1.2%

Grand Canyon Education stock opened at $152.57 on Friday. The company has a market capitalization of $4.04 billion, a PE ratio of 19.07, a P/E/G ratio of 1.00 and a beta of 0.56. Grand Canyon Education, Inc. has a 12 month low of $145.00 and a 12 month high of $223.04. The stock has a 50-day moving average price of $163.81 and a two-hundred day moving average price of $164.77.

Grand Canyon Education (NASDAQ:LOPE) last posted its earnings results on Thursday, April 30th. The company reported $2.86 EPS for the quarter, beating the consensus estimate of $2.78 by $0.08. The firm had revenue of $308.76 million during the quarter, compared to the consensus estimate of $307.75 million. Grand Canyon Education had a return on equity of 34.72% and a net margin of 19.54%.The business’s quarterly revenue was up 6.7% on a year-over-year basis. During the same period last year, the company earned $2.57 earnings per share. As a group, analysts predict that Grand Canyon Education, Inc. will post 10.22 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on LOPE shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Grand Canyon Education in a research note on Friday, April 10th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Grand Canyon Education in a research note on Thursday. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $230.00 price objective on shares of Grand Canyon Education in a research note on Thursday, April 16th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $220.00.

About Grand Canyon Education

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.