Burney Co. Buys New Position in Grand Canyon Education, Inc. $LOPE

Burney Co. bought a new position in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 3,805 shares of the company’s stock, valued at approximately $835,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of LOPE. American Century Companies Inc. raised its holdings in shares of Grand Canyon Education by 7.1% in the 1st quarter. American Century Companies Inc. now owns 21,357 shares of the company’s stock worth $3,695,000 after purchasing an additional 1,409 shares in the last quarter. Ieq Capital LLC boosted its holdings in Grand Canyon Education by 40.8% during the first quarter. Ieq Capital LLC now owns 4,755 shares of the company’s stock worth $823,000 after buying an additional 1,378 shares in the last quarter. WPG Advisers LLC acquired a new position in Grand Canyon Education in the first quarter worth approximately $44,000. Magnetar Financial LLC increased its holdings in shares of Grand Canyon Education by 396.6% in the first quarter. Magnetar Financial LLC now owns 6,729 shares of the company’s stock valued at $1,164,000 after buying an additional 5,374 shares in the last quarter. Finally, Evergreen Capital Management LLC bought a new position in shares of Grand Canyon Education in the first quarter valued at $317,000. 94.17% of the stock is owned by institutional investors and hedge funds.

Grand Canyon Education Trading Up 0.1%

Shares of Grand Canyon Education stock opened at $168.34 on Monday. Grand Canyon Education, Inc. has a 1 year low of $149.83 and a 1 year high of $223.04. The company has a market cap of $4.71 billion, a P/E ratio of 22.69, a P/E/G ratio of 1.24 and a beta of 0.78. The stock has a 50-day moving average price of $172.83 and a 200 day moving average price of $186.73.

Grand Canyon Education (NASDAQ:LOPE) last issued its earnings results on Wednesday, November 5th. The company reported $1.78 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.78. The company had revenue of $261.14 million for the quarter, compared to the consensus estimate of $259.97 million. Grand Canyon Education had a return on equity of 32.41% and a net margin of 19.38%.The firm’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. On average, equities analysts forecast that Grand Canyon Education, Inc. will post 8.81 earnings per share for the current fiscal year.

Analysts Set New Price Targets

LOPE has been the subject of several research reports. Wall Street Zen lowered Grand Canyon Education from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Zacks Research lowered Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings restated a “buy (b-)” rating on shares of Grand Canyon Education in a report on Monday, December 22nd. Finally, Barrington Research reiterated an “outperform” rating and issued a $230.00 target price on shares of Grand Canyon Education in a report on Tuesday, October 21st. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Grand Canyon Education has a consensus rating of “Moderate Buy” and an average price target of $220.00.

Grand Canyon Education Profile

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.