Boston Partners Trims Stock Holdings in Grand Canyon Education, Inc. $LOPE

Boston Partners decreased its holdings in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) by 33.3% during the second quarter, HoldingsChannel reports. The fund owned 260,541 shares of the company’s stock after selling 130,091 shares during the quarter. Boston Partners’ holdings in Grand Canyon Education were worth $48,388,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the stock. SVB Wealth LLC purchased a new position in shares of Grand Canyon Education in the first quarter valued at $26,000. Caitong International Asset Management Co. Ltd purchased a new stake in Grand Canyon Education during the 1st quarter worth about $35,000. WPG Advisers LLC bought a new position in Grand Canyon Education in the 1st quarter worth about $44,000. Migdal Insurance & Financial Holdings Ltd. grew its holdings in Grand Canyon Education by 58.2% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 261 shares of the company’s stock valued at $45,000 after buying an additional 96 shares in the last quarter. Finally, IFP Advisors Inc boosted its position in shares of Grand Canyon Education by 2,172.7% in the second quarter. IFP Advisors Inc now owns 250 shares of the company’s stock valued at $47,000 after acquiring an additional 239 shares during the period. Hedge funds and other institutional investors own 94.17% of the company’s stock.

Grand Canyon Education Stock Up 0.4%

LOPE opened at $169.82 on Thursday. The business’s fifty day simple moving average is $204.88 and its 200 day simple moving average is $193.64. Grand Canyon Education, Inc. has a 52 week low of $153.82 and a 52 week high of $223.04. The stock has a market cap of $4.75 billion, a PE ratio of 20.56, a P/E/G ratio of 1.50 and a beta of 0.74.

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

Analysts Set New Price Targets

LOPE has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Grand Canyon Education in a report on Tuesday. Wall Street Zen lowered shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Barrington Research reaffirmed an “outperform” rating and issued a $230.00 price target on shares of Grand Canyon Education in a report on Tuesday, October 21st. Finally, Zacks Research lowered Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $220.00.

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.