Aviva PLC Sells 1,125 Shares of Grand Canyon Education, Inc. $LOPE

Aviva PLC trimmed its position in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 31.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,423 shares of the company’s stock after selling 1,125 shares during the period. Aviva PLC’s holdings in Grand Canyon Education were worth $458,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of LOPE. SVB Wealth LLC bought a new stake in Grand Canyon Education in the 1st quarter valued at approximately $26,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Grand Canyon Education in the first quarter worth $35,000. IFP Advisors Inc boosted its holdings in Grand Canyon Education by 2,172.7% during the second quarter. IFP Advisors Inc now owns 250 shares of the company’s stock worth $47,000 after purchasing an additional 239 shares during the last quarter. WPG Advisers LLC acquired a new position in Grand Canyon Education during the first quarter worth $44,000. Finally, Migdal Insurance & Financial Holdings Ltd. grew its position in Grand Canyon Education by 58.2% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 261 shares of the company’s stock valued at $45,000 after purchasing an additional 96 shares in the last quarter. 94.17% of the stock is currently owned by institutional investors.

Grand Canyon Education Price Performance

Shares of NASDAQ:LOPE opened at $167.78 on Friday. Grand Canyon Education, Inc. has a 1 year low of $153.82 and a 1 year high of $223.04. The company has a market capitalization of $4.69 billion, a P/E ratio of 20.31, a P/E/G ratio of 1.50 and a beta of 0.74. The business’s 50 day simple moving average is $203.43 and its 200 day simple moving average is $193.41.

Grand Canyon Education (NASDAQ:LOPE) last posted 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. Grand Canyon Education had a net margin of 22.15% and a return on equity of 31.50%. The business had revenue of $261.14 million during the quarter, compared to analysts’ expectations of $259.97 million. During the same quarter in the prior year, the business posted $1.48 earnings per share. Grand Canyon Education’s revenue was up 9.6% compared to the same quarter last year. 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, sell-side analysts anticipate that Grand Canyon Education, Inc. will post 8.81 EPS for the current fiscal year.

Analysts Set New Price Targets

LOPE has been the topic of several analyst reports. Barrington Research reissued an “outperform” rating and set a $230.00 price target on shares of Grand Canyon Education in a research report on Tuesday, October 21st. Wall Street Zen lowered Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings reiterated a “buy (b)” rating on shares of Grand Canyon Education in a research note on Tuesday. Finally, Zacks Research cut shares of Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. 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.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $220.00.

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.