Fox Run Management L.L.C. Grows Holdings in Grand Canyon Education, Inc. (NASDAQ:LOPE)

Fox Run Management L.L.C. increased its position in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE - Free Report) by 62.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,905 shares of the company's stock after buying an additional 3,045 shares during the period. Fox Run Management L.L.C.'s holdings in Grand Canyon Education were worth $1,295,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of LOPE. FMR LLC raised its position in shares of Grand Canyon Education by 12.0% in the 3rd quarter. FMR LLC now owns 1,323,406 shares of the company's stock worth $187,725,000 after acquiring an additional 141,648 shares in the last quarter. State Street Corp grew its stake in Grand Canyon Education by 0.9% during the third quarter. State Street Corp now owns 883,971 shares of the company's stock worth $125,391,000 after purchasing an additional 8,159 shares during the period. Wasatch Advisors LP increased its holdings in Grand Canyon Education by 15.4% in the third quarter. Wasatch Advisors LP now owns 513,767 shares of the company's stock worth $72,878,000 after purchasing an additional 68,579 shares in the last quarter. Boston Partners lifted its stake in Grand Canyon Education by 68.6% in the fourth quarter. Boston Partners now owns 392,954 shares of the company's stock valued at $64,786,000 after buying an additional 159,827 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Grand Canyon Education by 0.3% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 332,642 shares of the company's stock worth $47,185,000 after buying an additional 1,101 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company's stock.

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Grand Canyon Education Price Performance

Shares of NASDAQ:LOPE traded down $1.36 during midday trading on Tuesday, hitting $172.02. 120,660 shares of the company's stock were exchanged, compared to its average volume of 167,299. Grand Canyon Education, Inc. has a 12 month low of $126.17 and a 12 month high of $192.18. The company has a market cap of $4.94 billion, a PE ratio of 22.29, a price-to-earnings-growth ratio of 1.42 and a beta of 0.78. The stock has a 50 day moving average price of $175.31 and a 200-day moving average price of $160.34.

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 firm had revenue of $292.57 million during the quarter, compared to analyst estimates of $289.62 million. Grand Canyon Education had a return on equity of 30.67% and a net margin of 21.90%. On average, analysts anticipate that Grand Canyon Education, Inc. will post 8.81 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on LOPE. Barrington Research boosted their target price on shares of Grand Canyon Education from $180.00 to $205.00 and gave the company an "outperform" rating in a research report on Thursday, February 20th. BMO Capital Markets upped their price target on 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, StockNews.com raised Grand Canyon Education from a "hold" rating to a "buy" rating in a research note on Tuesday, February 25th.

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.