Corient Private Wealth LLC Lowers Stake in Grand Canyon Education, Inc. $LOPE

Corient Private Wealth LLC decreased its holdings in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 63.5% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,811 shares of the company’s stock after selling 15,305 shares during the period. Corient Private Wealth LLC’s holdings in Grand Canyon Education were worth $1,665,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. SVB Wealth LLC purchased a new stake in Grand Canyon Education in the 1st quarter worth approximately $26,000. IFP Advisors Inc raised its stake in Grand Canyon Education by 2,172.7% during the second quarter. IFP Advisors Inc now owns 250 shares of the company’s stock valued at $47,000 after buying an additional 239 shares during the last quarter. WPG Advisers LLC bought a new position in Grand Canyon Education in the 1st quarter worth about $44,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Grand Canyon Education by 24.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 412 shares of the company’s stock worth $78,000 after buying an additional 82 shares in the last quarter. Finally, Bayforest Capital Ltd bought a new stake in shares of Grand Canyon Education during the first quarter valued at approximately $75,000. Institutional investors own 94.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Barrington Research reaffirmed an “outperform” rating and issued a $230.00 price objective on shares of Grand Canyon Education in a research report on Tuesday, October 21st. Zacks Research cut Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Wall Street Zen cut Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Grand Canyon Education in a research report on Monday. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $220.00.

Grand Canyon Education Trading Up 0.1%

Shares of NASDAQ LOPE opened at $168.17 on Wednesday. The firm has a 50 day moving average of $175.36 and a 200 day moving average of $187.07. The firm has a market capitalization of $4.70 billion, a price-to-earnings ratio of 22.66, a price-to-earnings-growth ratio of 1.23 and a beta of 0.78. Grand Canyon Education, Inc. has a 12-month low of $149.83 and a 12-month high of $223.04.

Grand Canyon Education (NASDAQ:LOPE) last issued its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $259.97 million. Grand Canyon Education had a net margin of 19.38% and a return on equity of 32.41%. The company’s revenue was up 9.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.48 EPS. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS and its Q4 2025 guidance at 3.130-3.240 EPS. Sell-side analysts predict that Grand Canyon Education, Inc. will post 8.81 EPS for the current year.

About Grand Canyon Education

Grand Canyon Education, Inc provides a suite of higher‐education services through a long-term agreement with Grand Canyon University (GCU), one of the nation’s largest private Christian universities. The company’s offerings encompass a full range of academic and operational support functions, including enrollment management, student recruitment, curriculum development, instructional delivery, and technology infrastructure. Through its online program management capabilities, Grand Canyon Education helps design, market and deliver undergraduate, graduate and certificate programs to meet the needs of both traditional and non‐traditional learners.

Core services include digital marketing, admissions support, student success coaching, learning management systems and faculty recruitment.