Sit Investment Associates Inc. Buys 13,175 Shares of Capella Education (CPLA)

Sit Investment Associates Inc. grew its stake in shares of Capella Education (NASDAQ:CPLA) by 220.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 19,150 shares of the company’s stock after acquiring an additional 13,175 shares during the period. Sit Investment Associates Inc.’s holdings in Capella Education were worth $1,482,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. BlackRock Inc. lifted its position in shares of Capella Education by 1.8% during the second quarter. BlackRock Inc. now owns 1,412,409 shares of the company’s stock worth $120,903,000 after acquiring an additional 24,678 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Capella Education by 1.4% during the second quarter. Vanguard Group Inc. now owns 1,127,235 shares of the company’s stock worth $96,491,000 after acquiring an additional 15,769 shares in the last quarter. Renaissance Technologies LLC lifted its position in shares of Capella Education by 2.0% during the second quarter. Renaissance Technologies LLC now owns 946,425 shares of the company’s stock worth $81,014,000 after acquiring an additional 18,625 shares in the last quarter. Royce & Associates LP lifted its position in shares of Capella Education by 4.4% during the third quarter. Royce & Associates LP now owns 878,655 shares of the company’s stock worth $61,638,000 after acquiring an additional 37,154 shares in the last quarter. Finally, State Street Corp lifted its position in shares of Capella Education by 4.8% during the second quarter. State Street Corp now owns 314,850 shares of the company’s stock worth $26,957,000 after acquiring an additional 14,492 shares in the last quarter. Hedge funds and other institutional investors own 92.46% of the company’s stock.

Shares of Capella Education (CPLA) opened at $80.85 on Monday. Capella Education has a 12-month low of $65.15 and a 12-month high of $99.25. The stock has a market capitalization of $939.80, a price-to-earnings ratio of 22.84, a P/E/G ratio of 2.54 and a beta of 0.38.

Capella Education (NASDAQ:CPLA) last issued its quarterly earnings data on Monday, October 30th. The company reported $0.73 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.68 by $0.05. Capella Education had a return on equity of 19.21% and a net margin of 9.60%. The company had revenue of $107.01 million for the quarter, compared to the consensus estimate of $108.10 million. During the same quarter last year, the business posted $0.81 earnings per share. The firm’s revenue was up 1.0% compared to the same quarter last year. analysts expect that Capella Education will post 3.58 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 18th. Investors of record on Friday, December 22nd will be given a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a dividend yield of 2.13%. The ex-dividend date of this dividend is Thursday, December 21st. This is an increase from Capella Education’s previous quarterly dividend of $0.41. Capella Education’s dividend payout ratio (DPR) is 48.59%.

CPLA has been the topic of several recent research reports. BMO Capital Markets restated a “buy” rating and set a $86.00 target price on shares of Capella Education in a research report on Monday, September 18th. Zacks Investment Research upgraded Capella Education from a “sell” rating to a “hold” rating in a research report on Tuesday, September 26th. Barrington Research downgraded Capella Education from an “outperform” rating to a “market perform” rating in a research report on Monday, October 30th. Finally, Piper Jaffray Companies reiterated a “hold” rating on shares of Capella Education in a research report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. Capella Education presently has an average rating of “Hold” and a consensus price target of $94.00.

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

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