Grand Canyon Education, Inc. $LOPE Shares Purchased by Acadian Asset Management LLC

Acadian Asset Management LLC grew its stake in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 35.5% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 258,647 shares of the company’s stock after acquiring an additional 67,782 shares during the period. Acadian Asset Management LLC owned about 0.91% of Grand Canyon Education worth $48,868,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in LOPE. OneDigital Investment Advisors LLC purchased a new stake in shares of Grand Canyon Education during the first quarter worth $232,000. Voya Investment Management LLC grew its stake in Grand Canyon Education by 25.0% during the 1st quarter. Voya Investment Management LLC now owns 59,459 shares of the company’s stock worth $10,288,000 after buying an additional 11,908 shares during the last quarter. Informed Momentum Co LLC purchased a new stake in shares of Grand Canyon Education in the first quarter valued at about $3,721,000. Evergreen Capital Management LLC acquired a new stake in shares of Grand Canyon Education in the 1st quarter worth $317,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Grand Canyon Education in the first quarter worth $488,000. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Grand Canyon Education Stock Performance

NASDAQ LOPE opened at $166.10 on Monday. Grand Canyon Education, Inc. has a 1 year low of $153.82 and a 1 year high of $223.04. The business’s fifty day moving average is $207.04 and its two-hundred day moving average is $193.93. The stock has a market capitalization of $4.65 billion, a P/E ratio of 20.11, a P/E/G ratio of 1.50 and a beta of 0.74.

Grand Canyon Education (NASDAQ:LOPE) last released its quarterly earnings data on Wednesday, November 5th. The company reported $1.78 earnings per share for the quarter, hitting the consensus estimate of $1.78. The business had revenue of $261.14 million during the quarter, compared to analyst estimates of $259.97 million. Grand Canyon Education had a return on equity of 31.50% and a net margin of 22.15%.The company’s revenue was up 9.6% compared to the same quarter last year. During the same period last year, the company posted $1.48 EPS. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS. Q4 2025 guidance at 3.130-3.240 EPS. On average, research analysts forecast that Grand Canyon Education, Inc. will post 8.81 earnings per share for the current year.

Wall Street Analysts Forecast Growth

LOPE has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Grand Canyon Education in a research note on Wednesday. Wall Street Zen lowered Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Saturday. Barrington Research reaffirmed an “outperform” rating and issued a $230.00 target price on shares of Grand Canyon Education in a research report on Tuesday, October 21st. Finally, Zacks Research downgraded Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Grand Canyon Education has an average rating of “Moderate Buy” and an average target price of $220.00.

About Grand Canyon Education

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.