BNP Paribas Arbitrage SA lowered its position in shares of Capella Education Co. (NASDAQ:CPLA) by 45.1% during the third quarter, Holdings Channel reports. The firm owned 1,944 shares of the company’s stock after selling 1,597 shares during the period. BNP Paribas Arbitrage SA’s holdings in Capella Education were worth $113,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. GSA Capital Partners LLP raised its position in shares of Capella Education by 30.9% in the second quarter. GSA Capital Partners LLP now owns 80,093 shares of the company’s stock valued at $4,216,000 after buying an additional 18,913 shares during the period. California Public Employees Retirement System raised its position in shares of Capella Education by 2.1% in the second quarter. California Public Employees Retirement System now owns 53,500 shares of the company’s stock valued at $2,816,000 after buying an additional 1,100 shares during the period. Emerald Acquisition Ltd. bought a new position in shares of Capella Education during the second quarter valued at about $1,635,000. Swiss National Bank raised its position in shares of Capella Education by 3.2% in the second quarter. Swiss National Bank now owns 19,200 shares of the company’s stock valued at $1,011,000 after buying an additional 600 shares during the period. Finally, American Century Companies Inc. raised its position in shares of Capella Education by 2.5% in the second quarter. American Century Companies Inc. now owns 66,353 shares of the company’s stock valued at $3,493,000 after buying an additional 1,620 shares during the period. Hedge funds and other institutional investors own 90.37% of the company’s stock.
Shares of Capella Education Co. (NASDAQ:CPLA) opened at 58.60 on Friday. Capella Education Co. has a 1-year low of $39.06 and a 1-year high of $63.01. The company has a market capitalization of $677.59 million, a P/E ratio of 18.18 and a beta of 1.05. The firm has a 50-day moving average of $58.77 and a 200 day moving average of $55.44.
Capella Education (NASDAQ:CPLA) last announced its quarterly earnings data on Tuesday, July 26th. The company reported $0.82 EPS for the quarter, missing the Thomson Reuters’ consensus estimate 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 firm’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.83 earnings per share. On average, analysts anticipate that Capella Education Co. will post $3.49 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, October 14th. Stockholders of record on Friday, August 26th were given a dividend of $0.39 per share. The ex-dividend date of this dividend was Wednesday, August 24th. This represents a $1.56 annualized dividend and a dividend yield of 2.66%. Capella Education’s payout ratio is 48.30%.
Several research analysts recently issued reports on the stock. Barrington Research upped their target price on shares of Capella Education from $60.00 to $66.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 27th. Zacks Investment Research raised shares of Capella Education from a “sell” rating to a “hold” rating in a research note on Tuesday, August 9th. Finally, Credit Suisse Group AG reissued a “buy” rating on shares of Capella Education in a research note on Thursday, September 1st. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $59.80.
In related news, CEO J Kevin Gilligan sold 16,892 shares of the firm’s stock in a transaction on Friday, August 19th. The shares were sold at an average price of $59.23, for a total transaction of $1,000,513.16. Following the completion of the transaction, the chief executive officer now directly owns 69,705 shares of the company’s stock, valued at $4,128,627.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Steven L. Polacek sold 2,894 shares of the firm’s stock in a transaction on Monday, August 22nd. The shares were sold at an average price of $62.00, for a total transaction of $179,428.00. Following the transaction, the chief financial officer now directly owns 43,355 shares of the company’s stock, valued at $2,688,010. The disclosure for this sale can be found here. Insiders own 6.50% of the company’s stock.
Capella Education Company Profile
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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