M&T Bank Corp increased its stake in shares of Capella Education Company (NASDAQ:CPLA) by 5.0% during the first quarter, Holdings Channel reports. The institutional investor owned 3,157 shares of the company’s stock after buying an additional 150 shares during the period. M&T Bank Corp’s holdings in Capella Education Company were worth $268,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue raised its stake in Capella Education Company by 1.6% in the first quarter. State of Alaska Department of Revenue now owns 1,270 shares of the company’s stock valued at $107,000 after buying an additional 20 shares in the last quarter. Bank of Montreal Can raised its stake in Capella Education Company by 38.8% in the first quarter. Bank of Montreal Can now owns 1,952 shares of the company’s stock valued at $166,000 after buying an additional 546 shares in the last quarter. HL Financial Services LLC bought a new stake in Capella Education Company during the first quarter valued at about $200,000. Sei Investments Co. raised its stake in Capella Education Company by 3.4% in the first quarter. Sei Investments Co. now owns 2,428 shares of the company’s stock valued at $207,000 after buying an additional 79 shares in the last quarter. Finally, Mason Street Advisors LLC raised its stake in Capella Education Company by 7.8% in the first quarter. Mason Street Advisors LLC now owns 2,700 shares of the company’s stock valued at $230,000 after buying an additional 195 shares in the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Capella Education Company (NASDAQ:CPLA)

Capella Education Company (NASDAQ:CPLA) opened at 89.75 on Friday. The stock has a 50 day moving average price of $90.20 and a 200 day moving average price of $85.89. The stock has a market capitalization of $1.04 billion, a P/E ratio of 23.62 and a beta of 0.58. Capella Education Company has a 12 month low of $48.80 and a 12 month high of $99.25.

Capella Education Company (NASDAQ:CPLA) last announced its quarterly earnings results on Tuesday, April 25th. The company reported $0.94 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.07. Capella Education Company had a return on equity of 21.04% and a net margin of 10.31%. The company had revenue of $111.80 million for the quarter, compared to the consensus estimate of $111.19 million. During the same period last year, the firm earned $0.86 EPS. The firm’s revenue for the quarter was up 6.1% compared to the same quarter last year. Equities analysts predict that Capella Education Company will post $3.63 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 14th. Stockholders of record on Wednesday, May 24th will be given a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.83%. The ex-dividend date of this dividend is Monday, May 22nd. Capella Education Company’s dividend payout ratio (DPR) is presently 43.27%.

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Several brokerages have recently commented on CPLA. Zacks Investment Research upgraded Capella Education Company from a “hold” rating to a “buy” rating and set a $97.00 price objective on the stock in a research report on Tuesday, April 18th. Barrington Research boosted their price objective on Capella Education Company from $85.00 to $98.00 and gave the company an “outperform” rating in a research report on Tuesday, April 25th. Two analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $90.20.

In other news, CFO Steven L. Polacek sold 3,576 shares of the firm’s stock in a transaction dated Monday, May 8th. The stock was sold at an average price of $93.51, for a total transaction of $334,391.76. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO J Kevin Gilligan sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, June 6th. The shares were sold at an average price of $85.63, for a total value of $171,260.00. The disclosure for this sale can be found here. Insiders have sold a total of 17,262 shares of company stock worth $1,578,056 over the last 90 days. Insiders own 3.56% of the company’s stock.

Capella Education Company Company 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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