Grand Canyon Education, Inc. $LOPE Shares Sold by Reinhart Partners LLC.

Reinhart Partners LLC. lessened its stake in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) by 21.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 220,505 shares of the company’s stock after selling 61,776 shares during the quarter. Grand Canyon Education makes up approximately 1.6% of Reinhart Partners LLC.’s holdings, making the stock its 29th largest holding. Reinhart Partners LLC.’s holdings in Grand Canyon Education were worth $48,409,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Summit Global Investments boosted its position in shares of Grand Canyon Education by 39.6% in the second quarter. Summit Global Investments now owns 12,190 shares of the company’s stock worth $2,304,000 after acquiring an additional 3,460 shares during the last quarter. Bank of New York Mellon Corp increased its position in Grand Canyon Education by 20.1% during the second quarter. Bank of New York Mellon Corp now owns 296,110 shares of the company’s stock worth $55,965,000 after purchasing an additional 49,562 shares during the last quarter. Callan Family Office LLC acquired a new position in Grand Canyon Education during the second quarter worth approximately $852,000. Acadian Asset Management LLC raised its stake in Grand Canyon Education by 35.5% during the second quarter. Acadian Asset Management LLC now owns 258,647 shares of the company’s stock worth $48,868,000 after purchasing an additional 67,782 shares during the period. Finally, Intech Investment Management LLC boosted its holdings in shares of Grand Canyon Education by 88.1% in the 2nd quarter. Intech Investment Management LLC now owns 9,522 shares of the company’s stock valued at $1,800,000 after purchasing an additional 4,461 shares during the last quarter. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Weiss Ratings cut shares of Grand Canyon Education from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Barrington Research reiterated an “outperform” rating and issued a $230.00 target price on shares of Grand Canyon Education in a report on Tuesday, October 21st. Zacks Research downgraded Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Finally, Wall Street Zen lowered Grand Canyon Education from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $220.00.

Grand Canyon Education Trading Down 1.0%

Shares of LOPE stock opened at $178.29 on Friday. The company has a market cap of $4.99 billion, a PE ratio of 24.03, a P/E/G ratio of 1.19 and a beta of 0.75. The company’s fifty day simple moving average is $164.56 and its 200-day simple moving average is $185.15. Grand Canyon Education, Inc. has a 52 week low of $149.83 and a 52 week high of $223.04.

Grand Canyon Education (NASDAQ:LOPE) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $1.78 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.78. Grand Canyon Education had a return on equity of 32.41% and a net margin of 19.38%.The firm had revenue of $261.14 million during the quarter, compared to the consensus estimate of $259.97 million. During the same period in the prior year, the firm earned $1.48 EPS. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS and its Q4 2025 guidance at 3.130-3.240 EPS. Equities research analysts expect that Grand Canyon Education, Inc. will post 8.81 EPS for the current fiscal year.

Grand Canyon Education Profile

Grand Canyon Education, Inc provides a suite of higher‐education services through a long-term agreement with Grand Canyon University (GCU), one of the nation’s largest private Christian universities. The company’s offerings encompass a full range of academic and operational support functions, including enrollment management, student recruitment, curriculum development, instructional delivery, and technology infrastructure. Through its online program management capabilities, Grand Canyon Education helps design, market and deliver undergraduate, graduate and certificate programs to meet the needs of both traditional and non‐traditional learners.

Core services include digital marketing, admissions support, student success coaching, learning management systems and faculty recruitment.