Hood River Capital Management LLC boosted its stake in shares of Grand Canyon Education Inc (NASDAQ:LOPE) by 7.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 204,281 shares of the company’s stock after purchasing an additional 14,786 shares during the period. Hood River Capital Management LLC’s holdings in Grand Canyon Education were worth $18,289,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Swiss National Bank lifted its holdings in Grand Canyon Education by 3.0% during the 4th quarter. Swiss National Bank now owns 77,900 shares of the company’s stock valued at $6,974,000 after buying an additional 2,300 shares in the last quarter. California Public Employees Retirement System lifted its holdings in Grand Canyon Education by 4.5% during the 4th quarter. California Public Employees Retirement System now owns 163,731 shares of the company’s stock valued at $14,659,000 after buying an additional 7,021 shares in the last quarter. Teacher Retirement System of Texas lifted its holdings in Grand Canyon Education by 151.0% during the 4th quarter. Teacher Retirement System of Texas now owns 15,620 shares of the company’s stock valued at $1,398,000 after buying an additional 9,396 shares in the last quarter. American Century Companies Inc. lifted its holdings in Grand Canyon Education by 102.2% during the 4th quarter. American Century Companies Inc. now owns 297,674 shares of the company’s stock valued at $26,651,000 after buying an additional 150,476 shares in the last quarter. Finally, Comerica Bank lifted its holdings in Grand Canyon Education by 14.8% during the 4th quarter. Comerica Bank now owns 23,776 shares of the company’s stock valued at $2,223,000 after buying an additional 3,058 shares in the last quarter. Institutional investors own 95.43% of the company’s stock.

Shares of Grand Canyon Education Inc (NASDAQ:LOPE) opened at $89.10 on Friday. Grand Canyon Education Inc has a twelve month low of $56.62 and a twelve month high of $96.15. The company has a current ratio of 1.36, a quick ratio of 1.36 and a debt-to-equity ratio of 0.07. The firm has a market cap of $4,287.58, a PE ratio of 23.39, a P/E/G ratio of 1.66 and a beta of 1.36.

LOPE has been the subject of a number of research analyst reports. Robert W. Baird reiterated a “buy” rating and set a $100.00 price objective on shares of Grand Canyon Education in a report on Friday, December 1st. BidaskClub lowered shares of Grand Canyon Education from a “buy” rating to a “hold” rating in a report on Tuesday, December 5th. Zacks Investment Research upgraded shares of Grand Canyon Education from a “hold” rating to a “buy” rating and set a $102.00 price objective for the company in a report on Friday, December 15th. Piper Jaffray Companies reiterated a “buy” rating and set a $102.00 price objective on shares of Grand Canyon Education in a report on Monday, December 4th. Finally, Barrington Research reiterated an “outperform” rating and set a $103.00 price objective (up previously from $98.00) on shares of Grand Canyon Education in a report on Thursday, November 2nd. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $100.80.

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About Grand Canyon Education

Grand Canyon Education, Inc is engaged in the provision of postsecondary education. The Company is a regionally accredited university. The Company offers the degrees, including Doctor of Education, Doctor of Business Administration, Doctor of Nursing Practice, Doctor of Philosophy, Education Specialist, Master of Divinity, Master of Arts, Master of Education, Master of Business Administration and Master of Public Administration, Master of Public Health, Master of Science, Bachelor of Arts, Bachelor of Science, and a range of programs for its degrees.

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Institutional Ownership by Quarter for Grand Canyon Education (NASDAQ:LOPE)

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