Grand Canyon Education, Inc. (NASDAQ:LOPE) Shares Acquired by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC lifted its stake in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE - Free Report) by 262.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,221 shares of the company's stock after buying an additional 3,779 shares during the period. Tower Research Capital LLC TRC's holdings in Grand Canyon Education were worth $855,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of LOPE. Wealth Enhancement Advisory Services LLC raised its position in Grand Canyon Education by 1.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,225 shares of the company's stock worth $692,000 after acquiring an additional 63 shares during the period. DGS Capital Management LLC increased its stake 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 buying an additional 67 shares during the period. Barclays PLC increased its stake in shares of Grand Canyon Education by 0.4% during the third quarter. Barclays PLC now owns 18,977 shares of the company's stock valued at $2,692,000 after buying an additional 84 shares during the period. Xponance Inc. boosted its position in Grand Canyon Education by 2.1% during the 4th quarter. Xponance Inc. now owns 4,634 shares of the company's stock valued at $759,000 after acquiring an additional 95 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in shares of Grand Canyon Education by 22.5% in the 4th quarter. Geneos Wealth Management Inc. now owns 539 shares of the company's stock worth $88,000 after purchasing an additional 99 shares in the last quarter. Institutional investors own 94.17% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on LOPE. Barrington Research restated an "outperform" rating and issued a $205.00 price target on shares of Grand Canyon Education in a research note on Tuesday, April 15th. StockNews.com cut shares of Grand Canyon Education from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Finally, BMO Capital Markets raised their target price on shares of Grand Canyon Education from $181.00 to $202.00 and gave the company an "outperform" rating in a research note on Friday, February 21st.

Grand Canyon Education Trading Up 1.1 %

Shares of LOPE traded up $1.97 during midday trading on Tuesday, hitting $177.89. 183,681 shares of the company's stock traded hands, compared to its average volume of 179,481. The firm's fifty day moving average is $173.62 and its 200-day moving average is $166.48. The stock has a market capitalization of $5.11 billion, a price-to-earnings ratio of 22.98, a price-to-earnings-growth ratio of 1.42 and a beta of 0.82. Grand Canyon Education, Inc. has a 1 year low of $129.86 and a 1 year high of $192.18.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) last issued its earnings results 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 for 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, equities research analysts anticipate that Grand Canyon Education, Inc. will post 8.81 EPS for the current 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.