Advyzon Investment Management LLC boosted its stake in Grand Canyon Education, Inc. (NASDAQ:LOPE – Free Report) by 20.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,806 shares of the company’s stock after acquiring an additional 305 shares during the quarter. Advyzon Investment Management LLC’s holdings in Grand Canyon Education were worth $341,000 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. SVB Wealth LLC purchased a new position in Grand Canyon Education during the first quarter valued at $26,000. Caitong International Asset Management Co. Ltd acquired a new position in shares of Grand Canyon Education during the 1st quarter worth about $35,000. IFP Advisors Inc lifted its stake in Grand Canyon Education by 2,172.7% in the 2nd quarter. IFP Advisors Inc now owns 250 shares of the company’s stock valued at $47,000 after buying an additional 239 shares in the last quarter. WPG Advisers LLC acquired a new stake in Grand Canyon Education in the 1st quarter worth about $44,000. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its holdings in Grand Canyon Education by 58.2% in the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 261 shares of the company’s stock worth $45,000 after buying an additional 96 shares during the last quarter. 94.17% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on LOPE shares. Barrington Research reissued an “outperform” rating and set a $230.00 target price on shares of Grand Canyon Education in a report on Tuesday, October 21st. Weiss Ratings reissued a “buy (b)” rating on shares of Grand Canyon Education in a research note on Wednesday, November 5th. Zacks Research lowered Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Finally, Wall Street Zen lowered shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Saturday. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $220.00.
Grand Canyon Education Trading Up 3.6%
Grand Canyon Education stock opened at $169.07 on Wednesday. The company has a 50-day moving average price of $205.59 and a 200 day moving average price of $193.80. Grand Canyon Education, Inc. has a 12-month low of $153.82 and a 12-month high of $223.04. The stock has a market cap of $4.73 billion, a P/E ratio of 20.47, a PEG ratio of 1.50 and a beta of 0.74.
Grand Canyon Education (NASDAQ:LOPE – Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $1.78 earnings per share for the quarter, meeting the consensus estimate of $1.78. The business had revenue of $261.14 million during the quarter, compared to analysts’ expectations of $259.97 million. Grand Canyon Education had a net margin of 22.15% and a return on equity of 31.50%. The business’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter in the prior 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. As a group, analysts forecast 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.
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