Dimensional Fund Advisors LP Sells 11,588 Shares of Grand Canyon Education, Inc. (NASDAQ:LOPE)

Dimensional Fund Advisors LP lowered its holdings in Grand Canyon Education, Inc. (NASDAQ:LOPE - Free Report) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 710,174 shares of the company's stock after selling 11,588 shares during the period. Dimensional Fund Advisors LP owned about 2.44% of Grand Canyon Education worth $116,327,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its position in shares of 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 valued at $692,000 after acquiring an additional 63 shares during the last quarter. DGS Capital Management LLC grew its stake in Grand Canyon Education by 1.5% in the third quarter. DGS Capital Management LLC now owns 4,399 shares of the company's stock valued at $624,000 after purchasing an additional 67 shares in the last quarter. Barclays PLC increased its position in shares of Grand Canyon Education by 0.4% during the 3rd quarter. Barclays PLC now owns 18,977 shares of the company's stock worth $2,692,000 after purchasing an additional 84 shares during the last quarter. Xponance Inc. raised its stake in shares of Grand Canyon Education by 2.1% during the 4th quarter. Xponance Inc. now owns 4,634 shares of the company's stock worth $759,000 after purchasing an additional 95 shares in the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings 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 valued at $88,000 after buying an additional 99 shares during the last quarter. 94.17% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on LOPE shares. Barrington Research restated an "outperform" rating and set a $205.00 target price on shares of Grand Canyon Education in a report on Tuesday, April 15th. StockNews.com lowered 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 upped their target price on shares of Grand Canyon Education from $181.00 to $202.00 and gave the company an "outperform" rating in a report on Friday, February 21st.

Grand Canyon Education Stock Performance

LOPE traded up $6.26 during trading hours on Friday, reaching $185.23. The company's stock had a trading volume of 58,951 shares, compared to its average volume of 178,935. The company's 50-day moving average is $173.40 and its 200-day moving average is $166.95. Grand Canyon Education, Inc. has a 52 week low of $130.69 and a 52 week high of $192.18. The firm has a market cap of $5.32 billion, a PE ratio of 23.91, a price-to-earnings-growth ratio of 1.42 and a beta of 0.82.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $2.95 earnings per share for the quarter, beating the consensus estimate of $2.93 by $0.02. The company had revenue of $292.57 million for the quarter, compared to analyst estimates of $289.62 million. Grand Canyon Education had a net margin of 21.90% and a return on equity of 30.67%. Equities 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.