GRAND CANYON EDUCATION INC COM (LOPE) : Van Berkom Associates reduced its stake in GRAND CANYON EDUCATION INC COM by 0.26% during the most recent quarter end. The investment management company now holds a total of 2,380,637 shares of GRAND CANYON EDUCATION INC COM which is valued at $105,200,349 after selling 6,187 shares in GRAND CANYON EDUCATION INC COM , the firm said in a disclosure report filed with the SEC on Apr 21, 2016.GRAND CANYON EDUCATION INC COM makes up approximately 4.73% of Van Berkom Associates’s portfolio.
GRAND CANYON EDUCATION INC COM opened for trading at $44.5 and hit $45.02 on the upside on Wednesday, eventually ending the session at $44.95, with a gain of 1.15% or 0.51 points. The heightened volatility saw the trading volume jump to 2,25,135 shares. Company has a market cap of $2,090 M.
Other Hedge Funds, Including , Advisory Services Network added LOPE to its portfolio by purchasing 332 company shares during the most recent quarter which is valued at $14,671.Handelsinvest Investeringsforvaltning boosted its stake in LOPE in the latest quarter, The investment management firm added 2,350 additional shares and now holds a total of 169,800 shares of GRAND CANYON EDUCATION INC COM which is valued at $7,503,462. GRAND CANYON EDUCATION INC COM makes up approx 2.50% of Handelsinvest Investeringsforvaltning’s portfolio.Simplex Trading boosted its stake in LOPE in the latest quarter, The investment management firm added 417 additional shares and now holds a total of 637 shares of GRAND CANYON EDUCATION INC COM which is valued at $27,722.
On the company’s financial health, GRAND CANYON EDUCATION INC COM reported $0.81 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Feb 17, 2016. Analyst had a consensus of $0.79. The company had revenue of $215.95 million for the quarter, compared to analysts expectations of $211.85 million. The company’s revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.70 EPS.
Many Wall Street Analysts have commented on GRAND CANYON EDUCATION INC COM. GRAND CANYON EDUCATION INC COM was Upgraded by Credit Suisse to ” Outperform” on Mar 7, 2016. GRAND CANYON EDUCATION INC COM was Initiated by Credit Suisse to “Neutral” on Feb 3, 2016.
Grand Canyon Education Inc. is engaged in the provision of postsecondary education. The Company is comprehensive regionally accredited university that offers 160 graduate and undergraduate degree programs through its eight colleges both online and on ground at its approximately 205 acre campus in Phoenix Arizona and onsite at facilities it leases and at facilities owned by third-party employers. The Company offers the degrees of Doctor of Education Doctor of Business Administration Doctor of Philosophy Master of Arts Master of Education Master of Business Administration and Executive Master of Business Administration Master of Public Administration Master of Public Health Master of Science Bachelor of Arts and Bachelor of Science and a range of programs for its degrees. It also offers certificate programs which consist of a series of courses focused on a particular area of study.