California Public Employees Retirement System increased its position in shares of Capella Education Co. (NASDAQ:CPLA) by 2.1% during the second quarter, according to its most recent filing with the SEC. The firm owned 53,500 shares of the company’s stock after buying an additional 1,100 shares during the period. California Public Employees Retirement System owned 0.46% of Capella Education worth $2,816,000 as of its most recent SEC filing.
Other large investors also recently bought and sold shares of the company. Legal & General Group Plc boosted its stake in Capella Education by 32.8% in the first quarter. Legal & General Group Plc now owns 2,686 shares of the company’s stock worth $141,000 after buying an additional 664 shares during the last quarter. BNP Paribas Arbitrage SA boosted its stake in Capella Education by 117.0% in the second quarter. BNP Paribas Arbitrage SA now owns 3,541 shares of the company’s stock worth $186,000 after buying an additional 1,909 shares during the last quarter. Arizona State Retirement System boosted its stake in Capella Education by 1.9% in the first quarter. Arizona State Retirement System now owns 5,439 shares of the company’s stock worth $286,000 after buying an additional 100 shares during the last quarter. Glenmede Trust Co. NA boosted its stake in Capella Education by 0.5% in the first quarter. Glenmede Trust Co. NA now owns 5,664 shares of the company’s stock worth $296,000 after buying an additional 26 shares during the last quarter. Finally, Strs Ohio boosted its stake in Capella Education by 2.9% in the second quarter. Strs Ohio now owns 14,400 shares of the company’s stock worth $758,000 after buying an additional 400 shares during the last quarter. Institutional investors own 90.37% of the company’s stock.
Shares of Capella Education Co. (NASDAQ:CPLA) traded down 0.90% during midday trading on Thursday, hitting $57.17. 34,553 shares of the company were exchanged. The firm has a market cap of $661.06 million, a P/E ratio of 17.73 and a beta of 1.10. The company’s 50 day moving average price is $59.27 and its 200 day moving average price is $54.88. Capella Education Co. has a one year low of $39.06 and a one year high of $63.01.
Capella Education (NASDAQ:CPLA) last released its quarterly earnings data on Tuesday, July 26th. The company reported $0.82 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.87 by $0.05. The firm had revenue of $106.70 million for the quarter, compared to the consensus estimate of $105.93 million. Capella Education had a net margin of 9.12% and a return on equity of 20.80%. The business’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.83 earnings per share. Equities analysts expect that Capella Education Co. will post $3.49 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Stockholders of record on Friday, August 26th will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.70%. The ex-dividend date of this dividend is Wednesday, August 24th. Capella Education’s dividend payout ratio is presently 48.30%.
CPLA has been the topic of a number of recent research reports. Zacks Investment Research upgraded Capella Education from a “hold” rating to a “buy” rating and set a $65.00 target price on the stock in a research note on Tuesday. Credit Suisse Group AG reiterated a “buy” rating and issued a $70.00 target price on shares of Capella Education in a research note on Monday, September 19th. Finally, Barrington Research raised their target price on Capella Education from $60.00 to $66.00 and gave the company an “outperform” rating in a research note on Wednesday, July 27th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $59.80.
In other Capella Education news, CEO J Kevin Gilligan sold 16,892 shares of the company’s stock in a transaction on Friday, August 19th. The stock was sold at an average price of $59.23, for a total value of $1,000,513.16. Following the sale, the chief executive officer now directly owns 69,705 shares in the company, valued at $4,128,627.15. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Steven L. Polacek sold 2,894 shares of the company’s stock in a transaction on Monday, August 22nd. The shares were sold at an average price of $62.00, for a total value of $179,428.00. Following the completion of the sale, the chief financial officer now owns 43,355 shares in the company, valued at $2,688,010. The disclosure for this sale can be found here. Insiders own 6.50% of the company’s stock.
About Capella Education
Capella Education Company is an online postsecondary education services company. The Company’s academic programs are delivered through its subsidiary, Capella University (the University), which is an online academic institution offering online postsecondary education services primarily to working adults.
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