Grand Canyon Education, Inc. $LOPE Shares Sold by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 41.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,912 shares of the company’s stock after selling 5,593 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Grand Canyon Education were worth $1,737,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. NDVR Inc. grew its holdings in shares of Grand Canyon Education by 2.9% during the second quarter. NDVR Inc. now owns 1,837 shares of the company’s stock worth $347,000 after purchasing an additional 52 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Grand Canyon Education by 2.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 3,009 shares of the company’s stock worth $552,000 after buying an additional 59 shares during the period. True Wealth Design LLC lifted its stake in Grand Canyon Education by 46.0% in the third quarter. True Wealth Design LLC now owns 203 shares of the company’s stock valued at $45,000 after buying an additional 64 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Grand Canyon Education by 6.7% in the third quarter. Geneos Wealth Management Inc. now owns 1,019 shares of the company’s stock valued at $224,000 after acquiring an additional 64 shares during the period. Finally, Cetera Investment Advisers boosted its holdings in shares of Grand Canyon Education by 0.4% in the second quarter. Cetera Investment Advisers now owns 16,281 shares of the company’s stock valued at $3,077,000 after acquiring an additional 65 shares during the period. 94.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on LOPE. Weiss Ratings downgraded shares of Grand Canyon Education from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, January 13th. Barrington Research restated an “outperform” rating and issued a $230.00 price objective on shares of Grand Canyon Education in a research note on Thursday, January 22nd. Wall Street Zen downgraded shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Zacks Research lowered Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $220.00.

Grand Canyon Education Trading Up 0.8%

Shares of LOPE stock opened at $173.84 on Friday. The stock has a 50 day simple moving average of $166.95 and a 200-day simple moving average of $184.95. The company has a market cap of $4.86 billion, a price-to-earnings ratio of 23.43, a price-to-earnings-growth ratio of 1.14 and a beta of 0.75. Grand Canyon Education, Inc. has a 12-month low of $149.83 and a 12-month high of $223.04.

Grand Canyon Education (NASDAQ:LOPE) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $1.78 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.78. The firm had revenue of $261.14 million for the quarter, compared to analyst estimates of $259.97 million. Grand Canyon Education had a return on equity of 32.41% and a net margin of 19.38%.Grand Canyon Education’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, equities analysts forecast that Grand Canyon Education, Inc. will post 8.81 earnings per share for the current fiscal year.

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.