Y Intercept Hong Kong Ltd Has $370,000 Position in Grand Canyon Education, Inc. $LOPE

Y Intercept Hong Kong Ltd raised its holdings in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) by 43.3% in the second quarter, HoldingsChannel.com reports. The firm owned 1,960 shares of the company’s stock after buying an additional 592 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Grand Canyon Education were worth $370,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Grand Canyon Education by 2.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,009 shares of the company’s stock valued at $552,000 after buying an additional 59 shares in the last quarter. Synovus Financial Corp boosted its stake in Grand Canyon Education by 2.8% in the first quarter. Synovus Financial Corp now owns 2,476 shares of the company’s stock worth $428,000 after buying an additional 68 shares in the last quarter. Benjamin Edwards Inc. grew its position in Grand Canyon Education by 2.9% during the first quarter. Benjamin Edwards Inc. now owns 2,683 shares of the company’s stock valued at $464,000 after acquiring an additional 75 shares during the last quarter. Diversified Trust Co grew its position in Grand Canyon Education by 6.1% during the second quarter. Diversified Trust Co now owns 1,372 shares of the company’s stock valued at $259,000 after acquiring an additional 79 shares during the last quarter. Finally, Signaturefd LLC boosted its stake in shares of Grand Canyon Education by 9.8% in the 2nd quarter. Signaturefd LLC now owns 949 shares of the company’s stock valued at $179,000 after purchasing an additional 85 shares in the last quarter. 94.17% of the stock is owned by institutional investors.

Grand Canyon Education Price Performance

LOPE opened at $166.10 on Friday. Grand Canyon Education, Inc. has a one year low of $153.82 and a one year high of $223.04. The business has a 50 day simple moving average of $207.04 and a two-hundred day simple moving average of $193.66. The firm has a market capitalization of $4.67 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 1.50 and a beta of 0.74.

Grand Canyon Education (NASDAQ:LOPE) last posted its 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. The firm had revenue of $261.14 million for the quarter, compared to analysts’ expectations of $259.97 million. Grand Canyon Education had a return on equity of 31.50% and a net margin of 22.15%.The business’s revenue was up 9.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.48 earnings per share. Grand Canyon Education has set its FY 2025 guidance at 9.020-9.13 EPS. Q4 2025 guidance at 3.130-3.240 EPS. As a group, sell-side analysts expect that Grand Canyon Education, Inc. will post 8.81 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on LOPE. Zacks Research cut Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Barrington Research restated an “outperform” rating and set a $230.00 target price on shares of Grand Canyon Education in a report on Tuesday, October 21st. Wall Street Zen cut Grand Canyon Education from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Grand Canyon Education in a research note on Wednesday. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $220.00.

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.