Grand Canyon Education, Inc. (NASDAQ:LOPE – Get Free Report)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $140.67 and last traded at $138.70, with a volume of 8738 shares traded. The stock had previously closed at $138.01.
Analyst Ratings Changes
A number of research firms recently issued reports on LOPE. Robert W. Baird lifted their price objective on Grand Canyon Education from $135.00 to $140.00 in a research report on Monday, October 2nd. StockNews.com cut Grand Canyon Education from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Barrington Research lifted their price objective on Grand Canyon Education from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday, November 3rd.
Grand Canyon Education Stock Up 0.4 %
Institutional Trading of Grand Canyon Education
Institutional investors and hedge funds have recently made changes to their positions in the stock. Quarry LP acquired a new stake in shares of Grand Canyon Education in the first quarter worth about $33,000. Cornerstone Planning Group LLC acquired a new stake in shares of Grand Canyon Education in the second quarter worth about $33,000. CWM LLC lifted its position in shares of Grand Canyon Education by 98.4% in the third quarter. CWM LLC now owns 373 shares of the company’s stock worth $44,000 after buying an additional 185 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Grand Canyon Education by 51.7% in the first quarter. Daiwa Securities Group Inc. now owns 455 shares of the company’s stock worth $52,000 after purchasing an additional 155 shares during the period. Finally, Financial Management Professionals Inc. increased its stake in shares of Grand Canyon Education by 4,480.0% in the third quarter. Financial Management Professionals Inc. now owns 458 shares of the company’s stock worth $54,000 after purchasing an additional 448 shares during the period. Institutional investors and hedge funds own 96.07% of the company’s stock.
About Grand Canyon Education
Grand Canyon Education, Inc provides education services to colleges and universities in the United States. The company's technology services include learning management system, internal administration, infrastructure, and support services; academic services comprises program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites; and counseling services and support include admission, financial aid, and field experience and other counseling services.
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