Yousif Capital Management LLC Sells 273 Shares of Grand Canyon Education, Inc. (NASDAQ:LOPE)

Yousif Capital Management LLC decreased its position in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) by 2.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,898 shares of the company’s stock after selling 273 shares during the period. Yousif Capital Management LLC’s holdings in Grand Canyon Education were worth $1,713,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. GeoWealth Management LLC purchased a new stake in Grand Canyon Education during the fourth quarter valued at approximately $25,000. Aster Capital Management DIFC Ltd purchased a new position in Grand Canyon Education in the fourth quarter valued at $32,000. UMB Bank n.a. lifted its position in shares of Grand Canyon Education by 107.8% during the 1st quarter. UMB Bank n.a. now owns 318 shares of the company’s stock valued at $55,000 after buying an additional 165 shares in the last quarter. Harvest Fund Management Co. Ltd purchased a new stake in Grand Canyon Education during the 4th quarter worth approximately $59,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Grand Canyon Education by 268.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,021 shares of the company’s stock valued at $167,000 after buying an additional 744 shares during the last quarter. 94.17% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

LOPE has been the topic of several recent analyst reports. Wall Street Zen lowered shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Thursday, April 24th. Barrington Research increased their price objective on shares of Grand Canyon Education from $205.00 to $215.00 and gave the company an “outperform” rating in a research report on Wednesday, May 7th. Finally, BMO Capital Markets boosted their price objective on shares of Grand Canyon Education from $208.00 to $222.00 and gave the stock an “outperform” rating in a research report on Thursday, May 22nd.

Grand Canyon Education Trading Up 1.0%

Shares of LOPE opened at $186.69 on Tuesday. The stock’s 50 day moving average is $186.20 and its two-hundred day moving average is $176.52. Grand Canyon Education, Inc. has a twelve month low of $130.69 and a twelve month high of $202.28. The firm has a market capitalization of $5.30 billion, a PE ratio of 24.12, a P/E/G ratio of 1.42 and a beta of 0.79.

Grand Canyon Education (NASDAQ:LOPE) last posted its quarterly earnings data on Tuesday, May 6th. The company reported $2.57 EPS for the quarter, beating analysts’ consensus estimates of $2.51 by $0.06. The business had revenue of $289.31 million for the quarter, compared to analyst estimates of $287.18 million. Grand Canyon Education had a return on equity of 30.67% and a net margin of 21.90%. The business’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter last year, the company earned $2.35 earnings per share. On average, sell-side analysts predict that Grand Canyon Education, Inc. will post 8.81 EPS for the current year.

Grand Canyon Education 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.