Grand Canyon Education Inc (LOPE) : Seven Locks Capital Management Lp reduced its stake in Grand Canyon Education Inc by 54.18% during the most recent quarter end. The investment management company now holds a total of 156,881 shares of Grand Canyon Education Inc which is valued at $6,803,929 after selling 185,486 shares in Grand Canyon Education Inc , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Grand Canyon Education Inc makes up approximately 4.46% of Seven Locks Capital Management Lp’s portfolio.
Other Hedge Funds, Including , Stevens Capital Management Lp added LOPE to its portfolio by purchasing 20,808 company shares during the most recent quarter which is valued at $902,443. Grand Canyon Education Inc makes up approx 0.03% of Stevens Capital Management Lp’s portfolio.Tiaa Cref Investment Management reduced its stake in LOPE by selling 5,228 shares or 3.55% in the most recent quarter. The Hedge Fund company now holds 142,098 shares of LOPE which is valued at $6,162,790.Vanguard Group Inc reduced its stake in LOPE by selling 1,093 shares or 0.03% in the most recent quarter. The Hedge Fund company now holds 3,325,187 shares of LOPE which is valued at $144,213,360. Grand Canyon Education Inc makes up approx 0.01% of Vanguard Group Inc’s portfolio.Victory Capital Management Inc boosted its stake in LOPE in the latest quarter, The investment management firm added 925 additional shares and now holds a total of 2,126 shares of Grand Canyon Education Inc which is valued at $91,801.
Grand Canyon Education Inc closed down -0.09 points or -0.21% at $41.86 with 4,26,450 shares getting traded on Monday. Post opening the session at $42.07, the shares hit an intraday low of $41.385 and an intraday high of $42.085 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Grand Canyon Education Inc reported $0.59 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Aug 4, 2016. Analyst had a consensus of $0.54. The company had revenue of $191.30 million for the quarter, compared to analysts expectations of $189.09 million. The company’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.55 EPS.
Many Wall Street Analysts have commented on Grand Canyon Education Inc. Company shares were Reiterated by Piper Jaffray on Aug 5, 2016 to “Overweight”, Firm has raised the Price Target to $ 53 from a previous price target of $49 .
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.