American Century Companies Inc. Purchases 150,476 Shares of Grand Canyon Education Inc (LOPE)

American Century Companies Inc. increased its position in shares of Grand Canyon Education Inc (NASDAQ:LOPE) by 102.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 297,674 shares of the company’s stock after acquiring an additional 150,476 shares during the period. American Century Companies Inc.’s holdings in Grand Canyon Education were worth $26,651,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in LOPE. Voya Investment Management LLC raised its holdings in shares of Grand Canyon Education by 7.9% during the second quarter. Voya Investment Management LLC now owns 21,691 shares of the company’s stock worth $1,701,000 after acquiring an additional 1,591 shares in the last quarter. Janus Henderson Group PLC purchased a new stake in shares of Grand Canyon Education during the second quarter worth $6,037,000. State Street Corp raised its holdings in shares of Grand Canyon Education by 9.0% during the second quarter. State Street Corp now owns 927,426 shares of the company’s stock worth $72,719,000 after acquiring an additional 76,228 shares in the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Grand Canyon Education during the second quarter worth $227,000. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of Grand Canyon Education by 4.2% during the second quarter. The Manufacturers Life Insurance Company now owns 36,026 shares of the company’s stock worth $2,825,000 after acquiring an additional 1,461 shares in the last quarter. Institutional investors and hedge funds own 95.32% of the company’s stock.

Grand Canyon Education Inc (NASDAQ:LOPE) opened at $91.87 on Thursday. Grand Canyon Education Inc has a 1-year low of $56.62 and a 1-year 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 capitalization of $4,293.83, a PE ratio of 24.11, a price-to-earnings-growth ratio of 1.66 and a beta of 1.36.

Several analysts recently issued reports on LOPE shares. 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. Robert W. Baird restated a “buy” rating and set a $100.00 target price on shares of Grand Canyon Education in a report on Friday, December 1st. Zacks Investment Research upgraded Grand Canyon Education from a “hold” rating to a “buy” rating and set a $100.00 target price on the stock in a report on Friday, November 3rd. ValuEngine upgraded Grand Canyon Education from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Finally, BMO Capital Markets restated a “buy” rating and set a $97.00 target price on shares of Grand Canyon Education in a report on Wednesday, October 25th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus 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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