Grand Canyon Education, Inc. $LOPE Stock Position Lifted by Van Berkom & Associates Inc.

Key Points

• Van Berkom & Associates boosted its stake in Grand Canyon Education by 17.2% in Q4, buying 90,070 shares to hold 613,375 shares (about $102.01M), representing 2.19% of the company and the firm's sixth-largest holding.
• Grand Canyon Education recently posted an EPS beat ($2.86 vs. $2.78 est.) and slight revenue beat ($308.76M vs. $307.75M), with strong profitability (ROE 34.72%, net margin 19.54%); analysts have a consensus rating of "Moderate Buy" and an average price target of $220.
• Institutional investors own about 94.17% of LOPE; the stock opened at $166.32 with a 52-week range of $149.37–$223.04 and a market cap near $4.42 billion (P/E ~20.8).

Van Berkom & Associates Inc. boosted its holdings in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE - Free Report) by 17.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 613,375 shares of the company's stock after purchasing an additional 90,070 shares during the quarter. Grand Canyon Education comprises 2.9% of Van Berkom & Associates Inc.'s portfolio, making the stock its 6th biggest holding. Van Berkom & Associates Inc. owned 2.19% of Grand Canyon Education worth $102,010,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in LOPE. Geneos Wealth Management Inc. increased its position in shares of Grand Canyon Education by 6.7% during the 3rd quarter. Geneos Wealth Management Inc. now owns 1,019 shares of the company's stock valued at $224,000 after purchasing an additional 64 shares during the last quarter. Orion Porfolio Solutions LLC lifted its holdings in shares of Grand Canyon Education by 1.0% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 6,475 shares of the company's stock worth $1,421,000 after buying an additional 65 shares during the period. Burney Co. raised its position in shares of Grand Canyon Education by 1.8% in the 4th quarter. Burney Co. now owns 3,873 shares of the company's stock worth $644,000 after acquiring an additional 68 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of Grand Canyon Education by 2.5% in the 3rd quarter. NewEdge Advisors LLC now owns 3,069 shares of the company's stock worth $674,000 after acquiring an additional 76 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its position in Grand Canyon Education by 2.6% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 3,086 shares of the company's stock valued at $646,000 after buying an additional 77 shares in the last quarter. Institutional investors own 94.17% of the company's stock.

Analyst Ratings Changes

LOPE has been the topic of a number of research reports. Barrington Research reissued an "outperform" rating and issued a $230.00 price objective on shares of Grand Canyon Education in a report on Thursday, April 16th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Grand Canyon Education in a research report on Friday, April 10th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $220.00.

Grand Canyon Education Stock Performance

Grand Canyon Education stock opened at $166.32 on Tuesday. Grand Canyon Education, Inc. has a fifty-two week low of $149.37 and a fifty-two week high of $223.04. The company has a market capitalization of $4.42 billion, a P/E ratio of 20.79, a PEG ratio of 1.07 and a beta of 0.62. The stock has a 50-day simple moving average of $166.44 and a 200-day simple moving average of $170.77.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) last posted its earnings results on Thursday, April 30th. The company reported $2.86 earnings per share for the quarter, beating the consensus estimate of $2.78 by $0.08. Grand Canyon Education had a return on equity of 34.72% and a net margin of 19.54%.The business had revenue of $308.76 million during the quarter, compared to the consensus estimate of $307.75 million. During the same period in the previous year, the business earned $2.57 EPS. The business's quarterly revenue was up 6.7% on a year-over-year basis. As a group, analysts forecast that Grand Canyon Education, Inc. will post 10.22 earnings per share for the current year.

Grand Canyon Education Profile

Grand Canyon Education, Inc provides a suite of higher‐education services through a long-term agreement with Grand Canyon University (GCU), one of the nation's largest private Christian universities. The company's offerings encompass a full range of academic and operational support functions, including enrollment management, student recruitment, curriculum development, instructional delivery, and technology infrastructure. Through its online program management capabilities, Grand Canyon Education helps design, market and deliver undergraduate, graduate and certificate programs to meet the needs of both traditional and non‐traditional learners.

Core services include digital marketing, admissions support, student success coaching, learning management systems and faculty recruitment.

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