Massachusetts Financial Services Co. MA Has $62.20 Million Stake in Grand Canyon Education, Inc. $LOPE

Massachusetts Financial Services Co. MA raised its stake in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) by 2.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 283,328 shares of the company’s stock after buying an additional 5,534 shares during the period. Massachusetts Financial Services Co. MA owned 1.01% of Grand Canyon Education worth $62,196,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mather Group LLC. acquired a new position in shares of Grand Canyon Education during the 3rd quarter valued at about $29,000. Manning & Napier Advisors LLC bought a new stake in Grand Canyon Education during the third quarter worth approximately $32,000. True Wealth Design LLC grew its holdings in Grand Canyon Education by 46.0% during the third quarter. True Wealth Design LLC now owns 203 shares of the company’s stock valued at $45,000 after purchasing an additional 64 shares during the last quarter. IFP Advisors Inc raised its position in shares of Grand Canyon Education by 2,172.7% in the second quarter. IFP Advisors Inc now owns 250 shares of the company’s stock valued at $47,000 after purchasing an additional 239 shares during the period. Finally, SJS Investment Consulting Inc. lifted its stake in shares of Grand Canyon Education by 5,600.0% in the third quarter. SJS Investment Consulting Inc. now owns 228 shares of the company’s stock worth $50,000 after buying an additional 224 shares during the last quarter. Institutional investors and hedge funds own 94.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on LOPE shares. Wall Street Zen cut shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Zacks Research cut Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings lowered Grand Canyon Education from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, January 13th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $230.00 price target on shares of Grand Canyon Education in a research report on Tuesday, October 21st. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, Grand Canyon Education presently has an average rating of “Moderate Buy” and an average price target of $220.00.

Grand Canyon Education Stock Up 1.4%

NASDAQ:LOPE opened at $180.48 on Thursday. Grand Canyon Education, Inc. has a 12-month low of $149.83 and a 12-month high of $223.04. The firm has a market capitalization of $5.05 billion, a PE ratio of 24.32, a price-to-earnings-growth ratio of 1.17 and a beta of 0.75. The firm has a 50-day moving average price of $165.26 and a 200 day moving average price of $185.03.

Grand Canyon Education (NASDAQ:LOPE) last released its quarterly earnings data on Wednesday, November 5th. The company reported $1.78 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.78. Grand Canyon Education had a return on equity of 32.41% and a net margin of 19.38%.The company had revenue of $261.14 million for the quarter, compared to the consensus estimate of $259.97 million. During the same period in the previous year, the business earned $1.48 earnings per share. The company’s quarterly revenue was up 9.6% on a year-over-year basis. 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. On average, research analysts expect that Grand Canyon Education, Inc. will post 8.81 EPS for the current year.

About Grand Canyon Education

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.