BidaskClub cut shares of Capella Education Company (NASDAQ:CPLA) from a hold rating to a sell rating in a research note published on Friday morning.

Other equities analysts have also recently issued reports about the company. BMO Capital Markets reduced their target price on Capella Education from $86.00 to $79.45 and set an outperform rating on the stock in a research note on Wednesday, July 26th. Zacks Investment Research cut Capella Education from a buy rating to a hold rating in a research note on Monday, April 24th. Finally, Barrington Research reduced their price target on Capella Education from $98.00 to $90.00 and set an outperform rating on the stock in a research note on Tuesday, July 25th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of $87.69.

Shares of Capella Education (CPLA) remained flat at $68.70 during mid-day trading on Friday. The company had a trading volume of 9,643 shares. Capella Education has a 52 week low of $56.88 and a 52 week high of $99.25. The firm has a market cap of $801.80 million, a PE ratio of 17.73 and a beta of 0.53. The company’s 50 day moving average is $84.66 and its 200-day moving average is $85.04.

Capella Education (NASDAQ:CPLA) last posted its earnings results on Tuesday, July 25th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.80 by $0.10. Capella Education had a return on equity of 20.23% and a net margin of 10.49%. The firm had revenue of $109.60 million for the quarter, compared to analysts’ expectations of $109.89 million. During the same period in the previous year, the firm earned $0.93 earnings per share. The business’s revenue was up 2.7% compared to the same quarter last year. Analysts anticipate that Capella Education will post $3.14 earnings per share for the current year.

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The company also recently declared a quarterly dividend, which was paid on Friday, July 14th. Investors of record on Wednesday, May 24th were paid a $0.41 dividend. The ex-dividend date was Monday, May 22nd. This represents a $1.64 annualized dividend and a yield of 2.39%. Capella Education’s payout ratio is 42.38%.

In related news, CEO J Kevin Gilligan sold 2,000 shares of the company’s stock in a transaction on Thursday, May 18th. The stock was sold at an average price of $88.79, for a total value of $177,580.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Steven L. Polacek sold 7,061 shares of the company’s stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $93.94, for a total value of $663,310.34. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 29,262 shares of company stock worth $2,600,356. 3.56% of the stock is owned by insiders.

A number of large investors have recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of Capella Education by 76,655.0% in the first quarter. BlackRock Inc. now owns 1,387,731 shares of the company’s stock valued at $117,991,000 after buying an additional 1,385,923 shares during the last quarter. Norges Bank purchased a new stake in shares of Capella Education during the fourth quarter valued at $25,219,000. Vanguard Group Inc. boosted its stake in shares of Capella Education by 10.4% in the first quarter. Vanguard Group Inc. now owns 1,111,466 shares of the company’s stock valued at $94,503,000 after buying an additional 104,409 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Capella Education by 41.8% in the first quarter. AQR Capital Management LLC now owns 153,373 shares of the company’s stock valued at $13,041,000 after buying an additional 45,237 shares during the last quarter. Finally, Handelsbanken Fonder AB boosted its stake in shares of Capella Education by 24.9% in the first quarter. Handelsbanken Fonder AB now owns 141,000 shares of the company’s stock valued at $11,989,000 after buying an additional 28,071 shares during the last quarter. 89.37% of the stock is currently owned by institutional investors.

About Capella Education

Capella Education Company is an education services company. The Company provides direct path between learning and employment through its online postsecondary education offerings and through programs to develop job-ready skills for demand markets. The company’s segments include post-secondary segment and job-ready skills segment.

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