Flinton Capital Management LLC Purchases 680 Shares of Capella Education Company (CPLA)
Flinton Capital Management LLC increased its position in Capella Education Company (NASDAQ:CPLA) by 76.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,564 shares of the company’s stock after buying an additional 680 shares during the quarter. Flinton Capital Management LLC’s holdings in Capella Education were worth $134,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently added to or reduced their stakes in CPLA. Riverhead Capital Management LLC increased its stake in shares of Capella Education by 105.3% in the second quarter. Riverhead Capital Management LLC now owns 1,232 shares of the company’s stock valued at $105,000 after buying an additional 632 shares during the period. Royal Bank of Canada increased its stake in shares of Capella Education by 371.6% in the second quarter. Royal Bank of Canada now owns 1,924 shares of the company’s stock valued at $164,000 after buying an additional 1,516 shares during the period. Parallax Volatility Advisers L.P. acquired a new position in shares of Capella Education in the second quarter valued at approximately $178,000. State of Alaska Department of Revenue increased its stake in shares of Capella Education by 80.5% in the second quarter. State of Alaska Department of Revenue now owns 2,292 shares of the company’s stock valued at $196,000 after buying an additional 1,022 shares during the period. Finally, Old Mutual Global Investors UK Ltd. acquired a new position in shares of Capella Education in the second quarter valued at approximately $198,000. 91.54% of the stock is owned by institutional investors.
In other news, CEO J Kevin Gilligan sold 2,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of $82.18, for a total transaction of $164,360.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 3.56% of the stock is currently owned by insiders.
Several research analysts have recently issued reports on CPLA shares. Zacks Investment Research raised Capella Education from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. BMO Capital Markets reaffirmed a “buy” rating and issued a $86.00 price objective on shares of Capella Education in a research note on Monday, September 18th. BidaskClub downgraded Capella Education from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Finally, Barrington Research lowered their price objective on Capella Education from $98.00 to $90.00 and set an “outperform” rating for the company in a research note on Tuesday, July 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $87.00.
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Capella Education Company (NASDAQ:CPLA) opened at 69.40 on Tuesday. The stock has a 50 day moving average price of $68.16 and a 200 day moving average price of $79.94. Capella Education Company has a 1-year low of $58.29 and a 1-year high of $99.25. The firm has a market cap of $809.97 million, a P/E ratio of 17.91 and a beta of 0.44.
Capella Education (NASDAQ:CPLA) last announced its quarterly earnings data on Tuesday, July 25th. The company reported $0.90 earnings per share 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 during the quarter, compared to the consensus estimate of $109.89 million. During the same quarter in the previous year, the company posted $0.93 earnings per share. The business’s revenue was up 2.7% on a year-over-year basis. On average, analysts anticipate that Capella Education Company will post $3.54 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, October 13th. Stockholders of record on Friday, August 25th were paid a dividend of $0.41 per share. The ex-dividend date was Wednesday, August 23rd. This represents a $1.64 annualized dividend and a dividend yield of 2.36%. Capella Education’s dividend payout ratio (DPR) is presently 42.38%.
Capella Education Profile
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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