Grand Canyon Education INC (LOPE) Holder Riverbridge Partners LLC Trimmed Its Holding by $9.02 Million as Shares Rose

June 19, 2017 - By Marie Mckinney

Investors sentiment decreased to 0.99 in 2016 Q4. Its down 0.03, from 1.02 in 2016Q3. It turned negative, as 13 investors sold LOPE shares while 84 reduced holdings. 48 funds opened positions while 48 raised stakes. 43.57 million shares or 4.16% less from 45.47 million shares in 2016Q3 were reported. Metropolitan Life Insur New York stated it has 0.01% of its portfolio in Grand Canyon Education Inc (NASDAQ:LOPE). Bankshares Of America De owns 643,888 shares. Moreover, Rhumbline Advisers has 0.01% invested in Grand Canyon Education Inc (NASDAQ:LOPE). Vaughan Nelson Inv Mngmt L P, a Texas-based fund reported 1.17 million shares. Clark owns 267,134 shares or 0.81% of their US portfolio. Fdx Advsrs, a California-based fund reported 25,528 shares. Eaton Vance Mngmt holds 126,908 shares or 0.02% of its portfolio. First Comml Bank Of Omaha invested 0.12% in Grand Canyon Education Inc (NASDAQ:LOPE). Legal & General Grp Public Ltd has 0% invested in Grand Canyon Education Inc (NASDAQ:LOPE). Georgia-based Voya Investment Management Limited has invested 0% in Grand Canyon Education Inc (NASDAQ:LOPE). Geode Cap Management Ltd Liability Corp reported 351,776 shares. Blackrock holds 0% or 3,848 shares in its portfolio. 6,132 are owned by Stephens Ar. Fmr Ltd Limited Liability Company has invested 0.03% in Grand Canyon Education Inc (NASDAQ:LOPE). Franklin invested 0.05% of its portfolio in Grand Canyon Education Inc (NASDAQ:LOPE).

Since January 10, 2017, it had 0 insider purchases, and 21 selling transactions for $27.88 million activity. 14,000 shares were sold by BACHUS DANIEL E, worth $989,380. Another trade for 30,000 shares valued at $1.78 million was made by MUELLER BRIAN E on Tuesday, January 10. 6,345 shares were sold by Mildenhall Joseph N, worth $505,379. Meyer William Stan also sold $1.57M worth of Grand Canyon Education Inc (NASDAQ:LOPE) shares. $249,984 worth of Grand Canyon Education Inc (NASDAQ:LOPE) was sold by HENRY JACK A on Friday, May 12. $615,185 worth of Grand Canyon Education Inc (NASDAQ:LOPE) was sold by Roberts Brian M on Wednesday, March 1.

Riverbridge Partners Llc decreased its stake in Grand Canyon Education Inc. (LOPE) by 5.16% based on its latest 2016Q4 regulatory filing with the SEC. Riverbridge Partners Llc sold 155,587 shares as the company’s stock rose 24.65% with the market. The hedge fund held 2.86 million shares of the consumer services company at the end of 2016Q4, valued at $167.14M, down from 3.02M at the end of the previous reported quarter. Riverbridge Partners Llc who had been investing in Grand Canyon Education Inc. for a number of months, seems to be less bullish one the $3.94B market cap company. The stock rose 0.20% or $0.16 reaching $81.49. About 16,831 shares traded. Grand Canyon Education Inc (NASDAQ:LOPE) has risen 85.46% since June 19, 2016 and is uptrending. It has outperformed by 68.76% the S&P500.

Riverbridge Partners Llc, which manages about $5.72 billion and $4.79B US Long portfolio, upped its stake in Walgreens Boots Alliance Inc. by 187,977 shares to 519,565 shares, valued at $43.00M in 2016Q4, according to the filing. It also increased its holding in Diplomat Pharmacy Inc. (NYSE:DPLO) by 621,492 shares in the quarter, for a total of 1.48 million shares, and has risen its stake in Ecolab Inc. (NYSE:ECL).

More notable recent Grand Canyon Education Inc (NASDAQ:LOPE) news were published by: Bizjournals.com which released: “Grand Canyon University passes Higher Learning Commission accreditation muster” on March 13, 2017, also Globenewswire.com with their article: “Grand Canyon Education, Inc. Announces Fourth Quarter 2016 Earnings Release …” published on January 31, 2017, Bizjournals.com published: “Who pays the most property taxes in Phoenix and US (See whether Trump Tower …” on June 15, 2017. More interesting news about Grand Canyon Education Inc (NASDAQ:LOPE) were released by: Seekingalpha.com and their article: “Grand Canyon Education Is Still A Growth Stock” published on June 07, 2017 as well as Globenewswire.com‘s news article titled: “Grand Canyon Education, Inc. Announces First Quarter 2017 Earnings Release …” with publication date: April 11, 2017.

Grand Canyon Education Inc (NASDAQ:LOPE) Ratings Coverage

Among 5 analysts covering Grand Canyon Education (NASDAQ:LOPE), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Grand Canyon Education had 14 analyst reports since August 11, 2015 according to SRatingsIntel. As per Wednesday, February 3, the company rating was initiated by Credit Suisse. Barrington Research maintained Grand Canyon Education Inc (NASDAQ:LOPE) rating on Tuesday, August 11. Barrington Research has “Outperform” rating and $50 target. The company was upgraded on Monday, March 7 by Credit Suisse. The stock of Grand Canyon Education Inc (NASDAQ:LOPE) has “Hold” rating given on Wednesday, August 12 by Zacks. The stock has “Buy” rating by Zacks on Wednesday, August 26. Barrington Research maintained Grand Canyon Education Inc (NASDAQ:LOPE) rating on Friday, February 17. Barrington Research has “Outperform” rating and $68 target. The rating was upgraded by Zacks on Monday, August 24 to “Hold”. The rating was upgraded by Zacks to “Hold” on Tuesday, September 1. The stock of Grand Canyon Education Inc (NASDAQ:LOPE) has “Overweight” rating given on Friday, August 5 by Piper Jaffray.

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