UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $18.80 Million Holdings in Grand Canyon Education, Inc. (NASDAQ:LOPE)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Grand Canyon Education, Inc. (NASDAQ:LOPE - Free Report) by 14.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,793 shares of the company's stock after acquiring an additional 14,624 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.39% of Grand Canyon Education worth $18,803,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. GeoWealth Management LLC bought a new position in Grand Canyon Education in the 4th quarter worth $25,000. Migdal Insurance & Financial Holdings Ltd. bought a new position in Grand Canyon Education in the 4th quarter worth $27,000. Aster Capital Management DIFC Ltd bought a new position in Grand Canyon Education in the 4th quarter worth $32,000. Financial Life Planners bought a new position in Grand Canyon Education in the 4th quarter worth $37,000. Finally, Harvest Fund Management Co. Ltd bought a new position in Grand Canyon Education in the 4th quarter worth $59,000. Institutional investors own 94.17% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on LOPE shares. Wall Street Zen lowered shares of Grand Canyon Education from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. BMO Capital Markets raised their price target on shares of Grand Canyon Education from $208.00 to $222.00 and gave the stock an "outperform" rating in a research report on Thursday, May 22nd. Finally, Barrington Research raised their price target on shares of Grand Canyon Education from $205.00 to $215.00 and gave the stock an "outperform" rating in a research report on Wednesday, May 7th.

Grand Canyon Education Price Performance

Shares of Grand Canyon Education stock traded up $2.13 during trading on Friday, hitting $197.49. 192,760 shares of the company's stock traded hands, compared to its average volume of 179,778. The firm's fifty day moving average price is $181.81 and its 200 day moving average price is $174.23. Grand Canyon Education, Inc. has a twelve month low of $130.69 and a twelve month high of $202.28. The company has a market cap of $5.60 billion, a PE ratio of 25.52, a PEG ratio of 1.42 and a beta of 0.80.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.51 by $0.06. The business had revenue of $289.31 million for the quarter, compared to analyst estimates of $287.18 million. Grand Canyon Education had a net margin of 21.90% and a return on equity of 30.67%. The firm's revenue was up 5.3% on a year-over-year basis. During the same period in the previous year, the business earned $2.35 EPS. 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.