Barclays PLC Boosts Stock Holdings in Grand Canyon Education, Inc. (NASDAQ:LOPE)

Barclays PLC lifted its stake in Grand Canyon Education, Inc. (NASDAQ:LOPE - Free Report) by 152.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 47,877 shares of the company's stock after purchasing an additional 28,900 shares during the quarter. Barclays PLC owned about 0.16% of Grand Canyon Education worth $7,842,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Grand Canyon Education in the fourth quarter worth approximately $27,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Grand Canyon Education during the fourth quarter worth approximately $32,000. Financial Life Planners acquired a new position in shares of Grand Canyon Education during the 4th quarter worth about $37,000. Harvest Fund Management Co. Ltd purchased a new stake in Grand Canyon Education in the fourth quarter valued at $59,000. Finally, Versant Capital Management Inc lifted its stake in Grand Canyon Education by 66.0% in the fourth quarter. Versant Capital Management Inc now owns 420 shares of the company's stock valued at $69,000 after buying an additional 167 shares during the last quarter. Hedge funds and other institutional investors own 94.17% of the company's stock.

Analyst Upgrades and Downgrades

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

Grand Canyon Education Price Performance

Shares of Grand Canyon Education stock traded up $0.30 during trading on Tuesday, hitting $176.22. 7,848 shares of the company's stock traded hands, compared to its average volume of 178,786. Grand Canyon Education, Inc. has a twelve month low of $129.86 and a twelve month high of $192.18. The company has a market cap of $5.06 billion, a PE ratio of 22.71, a PEG ratio of 1.42 and a beta of 0.82. The firm's fifty day moving average price is $173.62 and its 200 day moving average price is $166.48.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $2.95 EPS for the quarter, beating 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 company had revenue of $292.57 million for the quarter, compared to analyst estimates of $289.62 million. As a group, equities research analysts anticipate that Grand Canyon Education, Inc. will post 8.81 earnings per share 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.