Fox Run Management L.L.C. Has $1.30 Million Position in Grand Canyon Education, Inc. (NASDAQ:LOPE)

Fox Run Management L.L.C. grew its position in Grand Canyon Education, Inc. (NASDAQ:LOPE - Free Report) by 62.7% in the 4th quarter, according to its most recent filing with the SEC. The firm 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.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. FMR LLC increased its position in Grand Canyon Education by 12.0% in the third quarter. FMR LLC now owns 1,323,406 shares of the company's stock worth $187,725,000 after purchasing an additional 141,648 shares during the period. State Street Corp raised its stake in shares of 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 buying an additional 8,159 shares during the last quarter. Wasatch Advisors LP lifted 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 valued at $72,878,000 after buying an additional 68,579 shares during the period. Boston Partners boosted 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 acquiring an additional 159,827 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in 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 acquiring an additional 1,101 shares during the period. Institutional investors own 94.17% of the company's stock.

Wall Street Analysts Forecast Growth

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

Grand Canyon Education Price Performance

Shares of LOPE traded up $0.84 during midday trading on Wednesday, hitting $173.07. The stock had a trading volume of 198,297 shares, compared to its average volume of 168,002. The firm has a market cap of $4.97 billion, a price-to-earnings ratio of 22.36, a price-to-earnings-growth ratio of 1.42 and a beta of 0.78. The company has a 50 day simple moving average of $175.43 and a two-hundred day simple moving average of $160.58. Grand Canyon Education, Inc. has a twelve month low of $126.17 and a twelve month high of $192.18.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $2.95 earnings per share for the quarter, topping analysts' consensus estimates of $2.93 by $0.02. Grand Canyon Education had a return on equity of 30.67% and a net margin of 21.90%. The firm had revenue of $292.57 million during the quarter, compared to the consensus estimate of $289.62 million. Analysts forecast that Grand Canyon Education, Inc. will post 8.81 EPS for the current fiscal year.

Grand Canyon Education Company 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.