Grand Canyon Education, Inc. (NASDAQ:LOPE) Shares Acquired by Boston Partners

Boston Partners grew its position in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 68.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 392,954 shares of the company’s stock after acquiring an additional 159,827 shares during the quarter. Boston Partners’ holdings in Grand Canyon Education were worth $64,786,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Grand Canyon Education during the 4th quarter worth approximately $27,000. True Wealth Design LLC acquired a new position in Grand Canyon Education during the 3rd quarter worth approximately $31,000. Financial Life Planners acquired a new position in Grand Canyon Education during the 4th quarter worth approximately $37,000. Versant Capital Management Inc lifted its position in Grand Canyon Education by 66.0% during the 4th quarter. Versant Capital Management Inc now owns 420 shares of the company’s stock worth $69,000 after acquiring an additional 167 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Grand Canyon Education in the 3rd quarter valued at approximately $86,000. 94.17% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LOPE has been the topic of a number of recent analyst reports. Barrington Research upped their target price on Grand Canyon Education from $180.00 to $205.00 and gave the company an “outperform” rating in a research report on Thursday, February 20th. BMO Capital Markets boosted their price target on Grand Canyon Education from $181.00 to $202.00 and gave the company an “outperform” rating in a report on Friday, February 21st. Finally, StockNews.com upgraded Grand Canyon Education from a “hold” rating to a “buy” rating in a report on Tuesday, February 25th.

Grand Canyon Education Price Performance

Shares of LOPE opened at $170.48 on Thursday. The company has a market cap of $4.90 billion, a P/E ratio of 22.03, a PEG ratio of 1.42 and a beta of 0.78. The stock has a fifty day moving average price of $174.78 and a 200 day moving average price of $159.65. Grand Canyon Education, Inc. has a 12 month low of $126.17 and a 12 month high of $192.18.

Grand Canyon Education (NASDAQ:LOPE) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $2.95 EPS for the quarter, topping analysts’ consensus estimates of $2.93 by $0.02. The firm had revenue of $292.57 million during the quarter, compared to the consensus estimate of $289.62 million. Grand Canyon Education had a return on equity of 30.67% and a net margin of 21.90%. As a group, research analysts anticipate that Grand Canyon Education, Inc. will post 8.81 earnings per share for the current year.

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.