Swiss National Bank Sells 100 Shares of Grand Canyon Education, Inc. (NASDAQ:LOPE)

Swiss National Bank lessened its stake in Grand Canyon Education, Inc. (NASDAQ:LOPE) by 0.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 57,900 shares of the company’s stock after selling 100 shares during the quarter. Swiss National Bank owned approximately 0.20% of Grand Canyon Education worth $9,484,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC lifted its holdings in Grand Canyon Education by 1.5% during 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 during the period. DGS Capital Management LLC lifted its holdings in Grand Canyon Education by 1.5% during the third quarter. DGS Capital Management LLC now owns 4,399 shares of the company’s stock worth $624,000 after acquiring an additional 67 shares during the period. Barclays PLC lifted its holdings in 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 acquiring an additional 84 shares during the period. MML Investors Services LLC lifted its holdings in Grand Canyon Education by 1.6% during the third quarter. MML Investors Services LLC now owns 5,740 shares of the company’s stock worth $814,000 after acquiring an additional 91 shares during the period. Finally, Geneos Wealth Management Inc. lifted its holdings in Grand Canyon Education by 22.5% during the fourth quarter. Geneos Wealth Management Inc. now owns 539 shares of the company’s stock worth $88,000 after acquiring an additional 99 shares during the period. Institutional investors own 94.17% of the company’s stock.

Wall Street Analysts Forecast Growth

LOPE has been the subject of a number of recent research reports. BMO Capital Markets raised their target price on Grand Canyon Education from $181.00 to $202.00 and gave the stock an “outperform” rating in a research report on Friday, February 21st. StockNews.com raised Grand Canyon Education from a “hold” rating to a “buy” rating in a research report on Tuesday, February 25th. Finally, Barrington Research raised their target price on Grand Canyon Education from $180.00 to $205.00 and gave the stock an “outperform” rating in a research report on Thursday, February 20th.

Grand Canyon Education Stock Performance

Shares of NASDAQ LOPE opened at $168.82 on Friday. The stock has a market cap of $4.85 billion, a PE ratio of 21.81, a price-to-earnings-growth ratio of 1.42 and a beta of 0.78. Grand Canyon Education, Inc. has a fifty-two week low of $126.17 and a fifty-two week high of $192.18. The stock has a fifty day moving average of $175.06 and a 200-day moving average of $159.89.

Grand Canyon Education (NASDAQ:LOPE) last announced its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $289.62 million. Grand Canyon Education had a return on equity of 30.67% and a net margin of 21.90%. On average, sell-side analysts predict that Grand Canyon Education, Inc. will post 8.81 EPS for the current year.

Grand Canyon Education 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.