Grand Canyon Education, Inc. (NASDAQ:LOPE) Shares Bought by Boston Partners

Boston Partners increased its position in Grand Canyon Education, Inc. (NASDAQ:LOPE - Free Report) by 68.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 392,954 shares of the company's stock after buying an additional 159,827 shares during the period. Boston Partners owned about 1.35% of Grand Canyon Education worth $64,786,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC grew its holdings in Grand Canyon Education by 1.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,225 shares of the company's stock valued at $692,000 after buying an additional 63 shares during the period. DGS Capital Management LLC boosted its position in shares of Grand Canyon Education by 1.5% in the third quarter. DGS Capital Management LLC now owns 4,399 shares of the company's stock worth $624,000 after acquiring an additional 67 shares during the last quarter. Barclays PLC grew its holdings in Grand Canyon Education by 0.4% in the third quarter. Barclays PLC now owns 18,977 shares of the company's stock valued at $2,692,000 after purchasing an additional 84 shares during the period. MML Investors Services LLC increased its position in Grand Canyon Education by 1.6% during the third quarter. MML Investors Services LLC now owns 5,740 shares of the company's stock worth $814,000 after purchasing an additional 91 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in Grand Canyon Education by 22.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 539 shares of the company's stock worth $88,000 after purchasing an additional 99 shares during the period. Hedge funds and other institutional investors own 94.17% of the company's stock.

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Wall Street Analyst Weigh In

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

Grand Canyon Education Stock Up 2.7 %

Shares of Grand Canyon Education stock traded up $4.55 during trading hours on Monday, hitting $173.37. The company's stock had a trading volume of 184,073 shares, compared to its average volume of 167,311. The business has a fifty day moving average of $175.06 and a 200 day moving average of $160.12. Grand Canyon Education, Inc. has a 1-year low of $126.17 and a 1-year high of $192.18. The company has a market capitalization of $4.98 billion, a PE ratio of 22.40, a P/E/G ratio of 1.42 and a beta of 0.78.

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

About Grand Canyon Education

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.