BlackRock Inc. boosted its holdings in shares of Capella Education (NASDAQ:CPLA) by 8.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,749,652 shares of the company’s stock after acquiring an additional 141,018 shares during the period. BlackRock Inc. owned approximately 14.99% of Capella Education worth $172,691,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also bought and sold shares of CPLA. Nicollet Investment Management Inc. bought a new position in Capella Education during the second quarter worth about $202,000. Crossmark Global Holdings Inc. bought a new position in Capella Education during the second quarter worth about $213,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Capella Education during the second quarter worth about $244,000. Xact Kapitalforvaltning AB bought a new position in Capella Education during the first quarter worth about $278,000. Finally, Sphinx Trading LP bought a new position in Capella Education during the second quarter worth about $316,000. Hedge funds and other institutional investors own 92.32% of the company’s stock.
Several research firms have weighed in on CPLA. Zacks Investment Research upgraded Capella Education from a “hold” rating to a “buy” rating and set a $117.00 target price on the stock in a report on Monday, July 30th. BMO Capital Markets reiterated a “buy” rating and set a $108.00 target price on shares of Capella Education in a report on Thursday, July 12th. BidaskClub upgraded Capella Education from a “hold” rating to a “buy” rating in a report on Friday, July 6th. Finally, ValuEngine upgraded Capella Education from a “hold” rating to a “buy” rating in a report on Thursday, June 21st. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $107.67.
CPLA stock opened at $104.00 on Thursday. The stock has a market cap of $1.21 billion, a price-to-earnings ratio of 30.32, a price-to-earnings-growth ratio of 2.55 and a beta of 0.17. Capella Education has a 1-year low of $65.15 and a 1-year high of $105.90.
Capella Education (NASDAQ:CPLA) last issued its quarterly earnings results on Wednesday, August 1st. The company reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.01. The company had revenue of $111.56 million for the quarter, compared to analyst estimates of $110.05 million. Capella Education had a return on equity of 19.78% and a net margin of 5.92%. equities analysts predict that Capella Education will post 4.39 EPS for the current year.
Capella Education Profile
Capella Education Company, through its subsidiaries, provides online postsecondary education and job-ready skills services in the United States. Its Post-Secondary segment offers various doctoral, master's, and bachelor's programs primarily for working adults in public service leadership, nursing and health sciences, psychology, business and technology, counseling and human services, and education markets; and courses that are eligible for transfer into credit at approximately 2,000 colleges and universities.
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