Aperio Group LLC Has $957,000 Holdings in Grand Canyon Education, Inc. (LOPE)

Aperio Group LLC raised its stake in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 9.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,534 shares of the company’s stock after acquiring an additional 872 shares during the quarter. Aperio Group LLC’s holdings in Grand Canyon Education were worth $957,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Alps Advisors Inc. lifted its holdings in Grand Canyon Education by 0.3% in the second quarter. Alps Advisors Inc. now owns 7,113 shares of the company’s stock valued at $558,000 after acquiring an additional 19 shares during the period. Teacher Retirement System of Texas lifted its holdings in Grand Canyon Education by 1.3% in the second quarter. Teacher Retirement System of Texas now owns 3,619 shares of the company’s stock valued at $284,000 after acquiring an additional 48 shares during the period. Granite Investment Partners LLC lifted its holdings in Grand Canyon Education by 0.4% in the second quarter. Granite Investment Partners LLC now owns 21,645 shares of the company’s stock valued at $1,697,000 after acquiring an additional 87 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in Grand Canyon Education by 8.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,827 shares of the company’s stock valued at $143,000 after acquiring an additional 139 shares during the period. Finally, Wrapmanager Inc. lifted its holdings in Grand Canyon Education by 3.3% in the second quarter. Wrapmanager Inc. now owns 4,650 shares of the company’s stock valued at $365,000 after acquiring an additional 147 shares during the period. 96.75% of the stock is owned by institutional investors.

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Grand Canyon Education, Inc. (NASDAQ LOPE) opened at $89.71 on Monday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.36 and a current ratio of 1.36. The firm has a market capitalization of $4,316.92, a P/E ratio of 23.80, a PEG ratio of 1.77 and a beta of 1.34. Grand Canyon Education, Inc. has a 52 week low of $55.33 and a 52 week high of $95.51.

Grand Canyon Education (NASDAQ:LOPE) last announced its earnings results on Wednesday, November 1st. The company reported $0.81 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.76 by $0.05. The business had revenue of $236.21 million during the quarter, compared to the consensus estimate of $231.43 million. Grand Canyon Education had a return on equity of 21.40% and a net margin of 19.32%. The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.62 EPS. research analysts anticipate that Grand Canyon Education, Inc. will post 3.9 earnings per share for the current year.

A number of brokerages have issued reports on LOPE. Barrington Research reissued an “outperform” rating and issued a $89.00 price target (up from $85.00) on shares of Grand Canyon Education in a report on Wednesday, August 2nd. BMO Capital Markets reissued a “buy” rating and issued a $97.00 price target on shares of Grand Canyon Education in a report on Wednesday, October 25th. BidaskClub downgraded Grand Canyon Education from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Robert W. Baird upped their target price on Grand Canyon Education from $85.00 to $95.00 and gave the stock an “outperform” rating in a research note on Thursday, November 2nd. Finally, Zacks Investment Research raised Grand Canyon Education from a “hold” rating to a “buy” rating and set a $100.00 target price for the company in a research note on Friday, November 3rd. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $97.40.

Grand Canyon Education Company Profile

Grand Canyon Education, Inc is engaged in the provision of postsecondary education. The Company is a regionally accredited university. The Company offers the degrees, including Doctor of Education, Doctor of Business Administration, Doctor of Nursing Practice, Doctor of Philosophy, Education Specialist, Master of Divinity, Master of Arts, Master of Education, Master of Business Administration and Master of Public Administration, Master of Public Health, Master of Science, Bachelor of Arts, Bachelor of Science, and a range of programs for its degrees.

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Institutional Ownership by Quarter for Grand Canyon Education (NASDAQ:LOPE)

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