Victory Capital Management Inc. lifted its stake in Capella Education Company (NASDAQ:CPLA) by 8.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,509 shares of the company’s stock after acquiring an additional 486 shares during the quarter. Victory Capital Management Inc. owned approximately 0.06% of Capella Education worth $557,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of CPLA. Teachers Advisors LLC boosted its holdings in Capella Education by 8.1% in the fourth quarter. Teachers Advisors LLC now owns 18,892 shares of the company’s stock worth $1,659,000 after purchasing an additional 1,412 shares in the last quarter. Bank of Montreal Can boosted its holdings in Capella Education by 38.8% in the first quarter. Bank of Montreal Can now owns 1,952 shares of the company’s stock worth $166,000 after purchasing an additional 546 shares in the last quarter. Louisiana State Employees Retirement System boosted its holdings in Capella Education by 2.2% in the first quarter. Louisiana State Employees Retirement System now owns 4,700 shares of the company’s stock worth $400,000 after purchasing an additional 100 shares in the last quarter. Nationwide Fund Advisors boosted its holdings in Capella Education by 31.9% in the first quarter. Nationwide Fund Advisors now owns 22,612 shares of the company’s stock worth $1,923,000 after purchasing an additional 5,463 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its holdings in Capella Education by 10.2% in the first quarter. Wells Fargo & Company MN now owns 64,368 shares of the company’s stock worth $5,473,000 after purchasing an additional 5,972 shares in the last quarter. 91.54% of the stock is currently owned by institutional investors and hedge funds.
Shares of Capella Education Company (NASDAQ:CPLA) opened at 68.30 on Tuesday. The company has a 50-day moving average of $67.27 and a 200-day moving average of $81.43. Capella Education Company has a one year low of $56.88 and a one year high of $99.25. The company has a market capitalization of $797.13 million, a PE ratio of 17.63 and a beta of 0.47.
Capella Education (NASDAQ:CPLA) last issued its quarterly earnings results on Tuesday, July 25th. The company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.80 by $0.10. Capella Education had a net margin of 10.49% and a return on equity of 20.23%. The firm had revenue of $109.60 million for the quarter, compared to analyst estimates of $109.89 million. During the same period in the previous year, the business earned $0.93 EPS. The company’s revenue was up 2.7% compared to the same quarter last year. On average, analysts anticipate that Capella Education Company will post $3.54 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Friday, August 25th will be paid a $0.41 dividend. The ex-dividend date is Wednesday, August 23rd. This represents a $1.64 annualized dividend and a yield of 2.40%. Capella Education’s payout ratio is currently 42.38%.
A number of equities research analysts recently issued reports on the stock. BMO Capital Markets reiterated a “buy” rating and issued a $86.00 price objective on shares of Capella Education in a report on Monday. BidaskClub cut shares of Capella Education from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Zacks Investment Research cut shares of Capella Education from a “hold” rating to a “strong sell” rating in a report on Thursday, July 27th. Finally, Barrington Research decreased their price objective on shares of Capella Education from $98.00 to $90.00 and set an “outperform” rating for the company in a report on Tuesday, July 25th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company. Capella Education presently has a consensus rating of “Hold” and a consensus target price of $89.00.
In other Capella Education news, CEO J Kevin Gilligan sold 2,000 shares of Capella Education stock in a transaction on Wednesday, July 5th. The shares were sold at an average price of $85.03, for a total value of $170,060.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 10,000 shares of company stock worth $848,320 over the last quarter. Company insiders own 3.56% of the company’s stock.
About Capella Education
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.
Want to see what other hedge funds are holding CPLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capella Education Company (NASDAQ:CPLA).
Receive News & Ratings for Capella Education Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capella Education Company and related companies with MarketBeat.com's FREE daily email newsletter.