Nisa Investment Advisors LLC Decreases Position in Grand Canyon Education, Inc. $LOPE

Nisa Investment Advisors LLC lowered its position in shares of Grand Canyon Education, Inc. (NASDAQ:LOPE) by 32.3% in the third quarter, Holdings Channel.com reports. The fund owned 12,853 shares of the company’s stock after selling 6,121 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Grand Canyon Education were worth $2,821,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Mather Group LLC. purchased a new position in Grand Canyon Education in the 3rd quarter valued at $29,000. True Wealth Design LLC raised its position in shares of Grand Canyon Education by 46.0% in the third quarter. True Wealth Design LLC now owns 203 shares of the company’s stock valued at $45,000 after buying an additional 64 shares during the last quarter. IFP Advisors Inc lifted its stake 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 worth $47,000 after buying an additional 239 shares in the last quarter. SJS Investment Consulting Inc. boosted its position in Grand Canyon Education by 5,600.0% during the third quarter. SJS Investment Consulting Inc. now owns 228 shares of the company’s stock worth $50,000 after acquiring an additional 224 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Grand Canyon Education by 24.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 412 shares of the company’s stock valued at $78,000 after acquiring an additional 82 shares in the last quarter. 94.17% of the stock is currently owned by hedge funds and other institutional investors.

Grand Canyon Education Stock Performance

Shares of Grand Canyon Education stock opened at $177.05 on Tuesday. Grand Canyon Education, Inc. has a fifty-two week low of $149.83 and a fifty-two week high of $223.04. The firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of 23.86, a PEG ratio of 1.16 and a beta of 0.75. The stock has a 50 day moving average of $164.29 and a 200 day moving average of $185.42.

Grand Canyon Education (NASDAQ:LOPE) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $1.78 EPS for the quarter, meeting the consensus estimate of $1.78. The business had revenue of $261.14 million for the quarter, compared to analyst estimates of $259.97 million. Grand Canyon Education had a return on equity of 32.41% and a net margin of 19.38%.The company’s quarterly revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.48 EPS. 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. Analysts forecast that Grand Canyon Education, Inc. will post 8.81 EPS for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on LOPE. Zacks Research lowered shares of Grand Canyon Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. Barrington Research reiterated an “outperform” rating and set a $230.00 price objective on shares of Grand Canyon Education in a research report on Tuesday, October 21st. Wall Street Zen lowered Grand Canyon Education from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Grand Canyon Education in a research note on Monday, December 29th. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Grand Canyon Education currently has a consensus rating of “Moderate Buy” and a consensus price target of $220.00.

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.