Comerica Bank decreased its holdings in shares of Capella Education Company (NASDAQ:CPLA) by 5.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,126 shares of the company’s stock after selling 641 shares during the period. Comerica Bank owned 0.10% of Capella Education worth $1,068,000 at the end of the most recent reporting period.
Several other institutional investors have also made changes to their positions in the stock. BlackRock Inc. boosted its position in shares of Capella Education by 76,655.0% during the 1st quarter. BlackRock Inc. now owns 1,387,731 shares of the company’s stock valued at $117,991,000 after purchasing an additional 1,385,923 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Capella Education by 10.4% during the 1st quarter. Vanguard Group Inc. now owns 1,111,466 shares of the company’s stock valued at $94,503,000 after purchasing an additional 104,409 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Capella Education by 0.8% during the 1st quarter. Renaissance Technologies LLC now owns 927,800 shares of the company’s stock valued at $78,886,000 after purchasing an additional 7,300 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Capella Education by 1.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 482,965 shares of the company’s stock valued at $41,064,000 after purchasing an additional 5,937 shares in the last quarter. Finally, State Street Corp boosted its position in shares of Capella Education by 2.2% during the 1st quarter. State Street Corp now owns 300,358 shares of the company’s stock valued at $25,548,000 after purchasing an additional 6,579 shares in the last quarter. Institutional investors own 91.54% of the company’s stock.
Shares of Capella Education Company (NASDAQ CPLA) opened at 68.20 on Monday. The company’s 50 day moving average price is $67.32 and its 200 day moving average price is $81.42. Capella Education Company has a 12 month low of $56.88 and a 12 month high of $99.25. The company has a market cap of $795.96 million, a price-to-earnings ratio of 17.60 and a beta of 0.47.
Capella Education (NASDAQ:CPLA) last announced its quarterly earnings results on Tuesday, July 25th. The company reported $0.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.80 by $0.10. Capella Education had a return on equity of 20.23% and a net margin of 10.49%. The company had revenue of $109.60 million for the quarter, compared to the consensus estimate of $109.89 million. During the same quarter in the previous year, the business earned $0.93 EPS. Capella Education’s revenue was up 2.7% compared to the same quarter last year. On average, equities analysts expect that Capella Education Company will post $3.54 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Investors of record on Friday, August 25th will be issued a dividend of $0.41 per share. The ex-dividend date is Wednesday, August 23rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.40%. Capella Education’s dividend payout ratio is presently 42.38%.
In other Capella Education news, CEO J Kevin Gilligan sold 2,000 shares of Capella Education stock in a transaction that occurred on Tuesday, June 20th. The stock was sold at an average price of $86.99, for a total transaction of $173,980.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last 90 days, insiders have sold 12,000 shares of company stock worth $1,022,300. 3.56% of the stock is owned by company insiders.
Several brokerages recently commented on CPLA. BMO Capital Markets restated a “buy” rating and set a $86.00 target price on shares of Capella Education in a research report on Monday. BidaskClub lowered Capella Education from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. Barrington Research cut their target price on Capella Education from $98.00 to $90.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 25th. Finally, Zacks Investment Research lowered Capella Education from a “hold” rating to a “strong sell” rating in a research report on Thursday, July 27th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $89.00.
Capella Education Profile
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.
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