BidaskClub upgraded shares of Capella Education (NASDAQ:CPLA) from a sell rating to a hold rating in a research note published on Wednesday.
CPLA has been the subject of several other reports. Zacks Investment Research lowered shares of Capella Education from a buy rating to a hold rating in a report on Monday, January 8th. BMO Capital Markets lowered their target price on shares of Capella Education from $98.00 to $83.00 and set an outperform rating for the company in a report on Friday, March 2nd. TheStreet lowered shares of Capella Education from a b rating to a c+ rating in a report on Thursday, March 1st. Barrington Research reiterated a hold rating on shares of Capella Education in a report on Monday, March 5th. Finally, First Analysis upgraded shares of Capella Education from an equal weight rating to an overweight rating and lifted their target price for the company from $92.00 to $98.00 in a report on Sunday, March 4th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Capella Education currently has an average rating of Buy and an average target price of $91.50.
Shares of Capella Education (NASDAQ:CPLA) traded up $0.85 on Wednesday, reaching $88.60. 41,997 shares of the company’s stock traded hands, compared to its average volume of 64,551. Capella Education has a twelve month low of $65.15 and a twelve month high of $99.25. The stock has a market capitalization of $1,032.37, a price-to-earnings ratio of 25.83, a PEG ratio of 2.47 and a beta of 0.45.
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Thursday, March 8th will be issued a dividend of $0.43 per share. The ex-dividend date is Wednesday, March 7th. This represents a $1.72 annualized dividend and a dividend yield of 1.94%. Capella Education’s payout ratio is 88.66%.
Hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its holdings in shares of Capella Education by 371.6% during the second quarter. Royal Bank of Canada now owns 1,924 shares of the company’s stock valued at $164,000 after purchasing an additional 1,516 shares during the last quarter. UBS Asset Management Americas Inc. purchased a new position in shares of Capella Education during the fourth quarter valued at approximately $209,000. Stone Ridge Asset Management LLC purchased a new position in shares of Capella Education during the fourth quarter valued at approximately $217,000. Cubist Systematic Strategies LLC purchased a new position in shares of Capella Education during the third quarter valued at approximately $220,000. Finally, Crossmark Global Holdings Inc. bought a new stake in shares of Capella Education during the third quarter valued at approximately $268,000. Hedge funds and other institutional investors own 92.79% of the company’s stock.
Capella Education Company Profile
Capella Education Company is an education services company. The Company provides direct path between learning and employment through its online postsecondary education offerings and through programs to develop job-ready skills for demand markets. The company’s segments include post-secondary segment and job-ready skills segment.
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