Jump Financial LLC Has $286,000 Stock Holdings in Grand Canyon Education, Inc. (NASDAQ:LOPE)

Jump Financial LLC decreased its holdings in Grand Canyon Education, Inc. (NASDAQ:LOPE - Free Report) by 78.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,747 shares of the company's stock after selling 6,277 shares during the quarter. Jump Financial LLC's holdings in Grand Canyon Education were worth $286,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. FMR LLC lifted its holdings in Grand Canyon Education by 14.3% in the fourth quarter. FMR LLC now owns 1,513,249 shares of the company's stock worth $247,870,000 after acquiring an additional 189,843 shares during the last quarter. Invesco Ltd. raised its position in shares of Grand Canyon Education by 8.6% during the 4th quarter. Invesco Ltd. now owns 494,706 shares of the company's stock worth $81,033,000 after purchasing an additional 39,136 shares during the period. Boston Partners lifted its holdings in shares of Grand Canyon Education by 68.6% in the 4th quarter. Boston Partners now owns 392,954 shares of the company's stock worth $64,786,000 after purchasing an additional 159,827 shares during the last quarter. Norges Bank acquired a new position in Grand Canyon Education during the 4th quarter valued at approximately $57,838,000. Finally, Reinhart Partners LLC. grew its stake in Grand Canyon Education by 1.6% during the 4th quarter. Reinhart Partners LLC. now owns 330,946 shares of the company's stock worth $54,209,000 after buying an additional 5,339 shares during the last quarter. Institutional investors and hedge funds own 94.17% of the company's stock.

Grand Canyon Education Trading Up 3.3 %

NASDAQ:LOPE traded up $5.90 on Friday, hitting $184.87. 50,987 shares of the company's stock traded hands, compared to its average volume of 178,906. Grand Canyon Education, Inc. has a 1 year low of $130.69 and a 1 year high of $192.18. The company has a market cap of $5.31 billion, a PE ratio of 23.89, a price-to-earnings-growth ratio of 1.42 and a beta of 0.82. The firm has a 50-day moving average price of $173.40 and a 200-day moving average price of $166.95.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) last announced its quarterly earnings results on Wednesday, February 19th. The company reported $2.95 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $292.57 million during the quarter, compared to analyst estimates of $289.62 million. On average, research analysts forecast that Grand Canyon Education, Inc. will post 8.81 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have commented on LOPE. StockNews.com cut shares of Grand Canyon Education from a "buy" rating to a "hold" rating in a research report on Thursday, April 24th. Barrington Research reaffirmed an "outperform" rating and set a $205.00 target price on shares of Grand Canyon Education in a research note on Tuesday, April 15th. Finally, BMO Capital Markets raised their price target on 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 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.