Susquehanna Fundamental Investments LLC Buys Shares of 15,639 Grand Canyon Education, Inc. (NASDAQ:LOPE)

Susquehanna Fundamental Investments LLC bought a new position in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 15,639 shares of the company's stock, valued at approximately $2,562,000. Susquehanna Fundamental Investments LLC owned 0.05% of Grand Canyon Education as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LOPE. 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 worth $692,000 after acquiring an additional 63 shares in the last quarter. DGS Capital Management LLC increased its holdings in Grand Canyon Education by 1.5% in the 3rd 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 lifted its stake in shares of Grand Canyon Education by 0.4% during the third quarter. Barclays PLC now owns 18,977 shares of the company's stock worth $2,692,000 after purchasing an additional 84 shares in the last quarter. Xponance Inc. boosted its position in shares of Grand Canyon Education by 2.1% in the fourth quarter. Xponance Inc. now owns 4,634 shares of the company's stock worth $759,000 after buying an additional 95 shares during the period. Finally, Geneos Wealth Management Inc. grew its stake in shares of Grand Canyon Education by 22.5% in the fourth quarter. Geneos Wealth Management Inc. now owns 539 shares of the company's stock valued at $88,000 after buying an additional 99 shares in the last quarter. Institutional investors and hedge funds own 94.17% of the company's stock.

Grand Canyon Education Trading Up 4.1 %

NASDAQ LOPE traded up $7.28 during mid-day trading on Friday, reaching $186.25. 225,403 shares of the company's stock traded hands, compared to its average volume of 179,567. The company has a fifty day simple moving average of $173.58 and a 200-day simple moving average of $167.31. 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 $5.35 billion, a price-to-earnings ratio of 24.06, a P/E/G ratio of 1.42 and a beta of 0.82.

Grand Canyon Education (NASDAQ:LOPE - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The company reported $2.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.93 by $0.02. Grand Canyon Education had a net margin of 21.90% and a return on equity of 30.67%. The business had revenue of $292.57 million during the quarter, compared to analyst estimates of $289.62 million. Equities research analysts forecast that Grand Canyon Education, Inc. will post 8.81 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

LOPE has been the subject of a number of analyst reports. BMO Capital Markets upped their price target on Grand Canyon Education from $181.00 to $202.00 and gave the stock an "outperform" rating in a report on Friday, February 21st. StockNews.com downgraded shares of Grand Canyon Education from a "buy" rating to a "hold" rating in a research note on Thursday, April 24th. Finally, Barrington Research reaffirmed an "outperform" rating and set a $205.00 price target on shares of Grand Canyon Education in a research note on Tuesday, April 15th.

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.