Ameriprise Financial Inc. raised its position in Capella Education Co. (NASDAQ:CPLA) by 14.3% during the second quarter, Holdings Channel reports. The institutional investor owned 147,745 shares of the company’s stock after buying an additional 18,533 shares during the period. Ameriprise Financial Inc. owned 1.28% of Capella Education worth $7,777,000 as of its most recent SEC filing.
Several other large investors have also bought and sold shares of the company. BlackRock Institutional Trust Company N.A. raised its stake in Capella Education by 1.5% in the first quarter. BlackRock Institutional Trust Company N.A. now owns 296,247 shares of the company’s stock worth $15,594,000 after buying an additional 4,513 shares in the last quarter. Legal & General Group Plc raised its stake in Capella Education by 32.8% in the first quarter. Legal & General Group Plc now owns 2,686 shares of the company’s stock valued at $141,000 after buying an additional 664 shares during the period. Glenmede Trust Co. NA raised its stake in Capella Education by 0.5% in the first quarter. Glenmede Trust Co. NA now owns 5,664 shares of the company’s stock valued at $296,000 after buying an additional 26 shares during the period. California Public Employees Retirement System raised its stake in Capella Education by 2.1% in the second quarter. California Public Employees Retirement System now owns 53,500 shares of the company’s stock valued at $2,816,000 after buying an additional 1,100 shares during the period. Finally, HL Financial Services LLC raised its stake in Capella Education by 12.5% in the second quarter. HL Financial Services LLC now owns 28,734 shares of the company’s stock valued at $1,513,000 after buying an additional 3,183 shares during the period. Institutional investors own 90.37% of the company’s stock.
Capella Education Co. (NASDAQ:CPLA) traded down 0.73% on Friday, hitting $58.74. 15,922 shares of the stock were exchanged. The company has a 50-day moving average of $59.12 and a 200-day moving average of $55.15. Capella Education Co. has a 12 month low of $39.06 and a 12 month high of $63.01. The stock has a market cap of $679.21 million, a price-to-earnings ratio of 18.22 and a beta of 1.05.
Capella Education (NASDAQ:CPLA) last posted its quarterly earnings data on Tuesday, July 26th. The company reported $0.82 EPS for the quarter, missing the consensus estimate of $0.87 by $0.05. Capella Education had a return on equity of 20.80% and a net margin of 9.12%. The business had revenue of $106.70 million for the quarter, compared to the consensus estimate of $105.93 million. During the same period in the previous year, the firm earned $0.83 EPS. The company’s revenue was up 2.0% on a year-over-year basis. On average, equities analysts predict that Capella Education Co. will post $3.49 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Friday, August 26th will be paid a dividend of $0.39 per share. This represents a $1.56 annualized dividend and a yield of 2.64%. The ex-dividend date is Wednesday, August 24th. Capella Education’s payout ratio is currently 48.30%.
CPLA has been the subject of several analyst reports. Zacks Investment Research lowered shares of Capella Education from a “buy” rating to a “hold” rating in a research note on Thursday, June 16th. Credit Suisse Group AG reiterated a “buy” rating on shares of Capella Education in a research note on Thursday, September 1st. Finally, Barrington Research increased their price objective on shares of Capella Education from $60.00 to $66.00 and gave the company an “outperform” rating in a research note on Wednesday, July 27th. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $59.80.
In related news, CEO J Kevin Gilligan sold 16,892 shares of the business’s stock in a transaction dated Friday, August 19th. The shares were sold at an average price of $59.23, for a total transaction of $1,000,513.16. Following the sale, the chief executive officer now owns 69,705 shares of the company’s stock, valued at $4,128,627.15. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Darrell R. Tukua sold 5,000 shares of the business’s stock in a transaction dated Thursday, August 25th. The stock was sold at an average price of $61.23, for a total transaction of $306,150.00. The disclosure for this sale can be found here. Corporate insiders own 6.50% of the company’s stock.
About Capella Education
Capella Education Company is an online postsecondary education services company. The Company’s academic programs are delivered through its subsidiary, Capella University (the University), which is an online academic institution offering online postsecondary education services primarily to working adults.
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