Grand Canyon Education, Inc. (NASDAQ:LOPE) Shares Sold by B. Metzler seel. Sohn & Co. AG

B. Metzler seel. Sohn & Co. AG trimmed its stake in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE - Free Report) by 20.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,404 shares of the company's stock after selling 2,756 shares during the period. B. Metzler seel. Sohn & Co. AG's holdings in Grand Canyon Education were worth $1,704,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Grand Canyon Education in the 4th quarter worth $27,000. Financial Life Planners bought a new stake in shares of Grand Canyon Education during the 4th quarter valued at about $37,000. Harvest Fund Management Co. Ltd bought a new position in shares of Grand Canyon Education in the 4th quarter worth approximately $59,000. Versant Capital Management Inc boosted its holdings in shares of Grand Canyon Education by 66.0% in the fourth quarter. Versant Capital Management Inc now owns 420 shares of the company's stock worth $69,000 after buying an additional 167 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Grand Canyon Education by 22.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 539 shares of the company's stock valued at $88,000 after buying an additional 99 shares during the period. Hedge funds and other institutional investors own 94.17% of the company's stock.

Analyst Ratings Changes

Several research firms recently weighed in on LOPE. StockNews.com upgraded Grand Canyon Education from a "hold" rating to a "buy" rating in a research report on Tuesday, February 25th. BMO Capital Markets boosted their price target on shares of Grand Canyon Education from $181.00 to $202.00 and gave the stock an "outperform" rating in a research note on Friday, February 21st. Finally, Barrington Research upped their price target on shares of Grand Canyon Education from $180.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, February 20th.

Grand Canyon Education Trading Down 1.8 %

Shares of LOPE traded down $3.03 during midday trading on Monday, reaching $164.18. 116,421 shares of the stock were exchanged, compared to its average volume of 175,570. Grand Canyon Education, Inc. has a 52 week low of $126.17 and a 52 week high of $192.18. The company has a market capitalization of $4.72 billion, a P/E ratio of 21.20, a PEG ratio of 1.42 and a beta of 0.82. The company's 50 day moving average is $176.11 and its two-hundred day moving average is $162.51.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $2.95 EPS for the quarter, topping analysts' consensus estimates of $2.93 by $0.02. The company had revenue of $292.57 million during the quarter, compared to the consensus estimate of $289.62 million. Grand Canyon Education had a net margin of 21.90% and a return on equity of 30.67%. On average, sell-side analysts expect 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.