B. Metzler seel. Sohn & Co. AG Has $1.82 Million Stock Holdings in Grand Canyon Education, Inc. $LOPE

B. Metzler seel. Sohn & Co. AG lifted its position in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 65.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,945 shares of the company’s stock after acquiring an additional 4,324 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Grand Canyon Education were worth $1,820,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of LOPE. Mather Group LLC. acquired a new stake in shares of Grand Canyon Education in the 3rd quarter valued at approximately $29,000. Manning & Napier Advisors LLC acquired a new stake in shares of Grand Canyon Education in the 3rd quarter valued at approximately $32,000. True Wealth Design LLC raised its position in shares of Grand Canyon Education by 46.0% in the 3rd quarter. True Wealth Design LLC now owns 203 shares of the company’s stock valued at $45,000 after acquiring an additional 64 shares during the period. Employees Retirement System of Texas acquired a new stake in shares of Grand Canyon Education in the 3rd quarter valued at approximately $48,000. Finally, Financial Life Planners acquired a new stake in shares of Grand Canyon Education in the 3rd quarter valued at approximately $49,000. 94.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on LOPE. Barrington Research reiterated an “outperform” rating and issued a $230.00 price target on shares of Grand Canyon Education in a research report on Thursday, April 16th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Grand Canyon Education in a research report on Friday, April 10th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $220.00.

Grand Canyon Education Stock Performance

Shares of LOPE stock opened at $163.49 on Friday. The company has a market capitalization of $4.44 billion, a P/E ratio of 21.18, a price-to-earnings-growth ratio of 1.09 and a beta of 0.67. Grand Canyon Education, Inc. has a 52 week low of $149.37 and a 52 week high of $223.04. The company’s 50 day moving average price is $165.92 and its two-hundred day moving average price is $172.20.

Grand Canyon Education (NASDAQ:LOPE) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $3.21 earnings per share for the quarter, topping the consensus estimate of $3.19 by $0.02. The company had revenue of $308.12 million during the quarter, compared to analysts’ expectations of $307.92 million. Grand Canyon Education had a net margin of 19.54% and a return on equity of 33.28%. The business’s quarterly revenue was up 5.3% on a year-over-year basis. During the same period last year, the business earned $2.95 EPS. Analysts forecast that Grand Canyon Education, Inc. will post 10.1 earnings per share 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.