Fmr LLC reduced its position in Grand Canyon Education, Inc. (NASDAQ:LOPE – Free Report) by 8.4% during the 3rd quarter, according to its latest 13F filings with the SEC. The institutional investor owned 862,601 shares of the company's stock after selling 79,352 shares during the period. Fmr LLC's holdings in Grand Canyon Education were valued at $100,821,000 as of its latest SEC filing.
Several other institutional investors and hedge funds have also recently modified their positions in LOPE. Quarry LP acquired a new position in Grand Canyon Education in the 1st quarter valued at approximately $33,000. Cornerstone Planning Group LLC acquired a new position in Grand Canyon Education during the 2nd quarter worth approximately $33,000. CWM LLC grew its position in Grand Canyon Education by 98.4% in the 3rd quarter. CWM LLC now owns 373 shares of the company's stock valued at $44,000 after purchasing an additional 185 shares in the last quarter. Financial Management Professionals Inc. increased its position in Grand Canyon Education by 4,480.0% in the 3rd quarter. Financial Management Professionals Inc. now owns 458 shares of the company's stock valued at $54,000 after purchasing an additional 448 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in Grand Canyon Education by 182.3% in the 1st quarter. NewEdge Advisors LLC now owns 463 shares of the company's stock valued at $53,000 after purchasing an additional 299 shares in the last quarter. Institutional investors and hedge funds own 96.07% of the company's stock.
Analyst upgrades and downgrades
Several research analysts have recently published reports on the stock. Barrington Research increased their target price on shares of Grand Canyon Education from $150.00 to $160.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 14th. StockNews.com downgraded shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Saturday, November 11th.
Read the latest report on Grand Canyon Education
Grand Canyon Education Trading rose 0.3%
NASDAQ:LOPE stock opened at $132.33 on Tuesday. The stock has a market capitalization of $3.97 billion, a P/E ratio of 19.46x, a P/E ratio of 1.15x, and a beta of 0.61x. Grand Canyon Education, Inc. has a 1 year low of $99.65 and a 1 year high of $144.94. His 50 day moving average price for this company is $130.55 and his 200 day moving average price is $125.66.
Grand Canyon Education Company Profile
(Free report)
Grand Canyon Education, Inc provides educational services to universities in the United States. The company's technology services include learning management systems, internal administration, infrastructure, and support services. Academic services include programs and curricula, faculty and related training and development, class scheduling, and skills and simulation lab sites. Counseling services and supports include admissions, financial aid, field experience and other counseling services.
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