JPMorgan Chase & Co. raised its position in Capella Education Co. (NASDAQ:CPLA) by 138.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,280 shares of the company’s stock after buying an additional 37,290 shares during the period. JPMorgan Chase & Co. owned approximately 0.56% of Capella Education worth $3,384,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. BNP Paribas Arbitrage SA increased its position in shares of Capella Education by 117.0% in the second quarter. BNP Paribas Arbitrage SA now owns 3,541 shares of the company’s stock worth $186,000 after buying an additional 1,909 shares in the last quarter. Glenmede Trust Co. NA increased its position in shares of Capella Education by 0.5% in the first quarter. Glenmede Trust Co. NA now owns 5,664 shares of the company’s stock worth $296,000 after buying an additional 26 shares during the period. Strs Ohio increased its position in shares of Capella Education by 2.9% in the second quarter. Strs Ohio now owns 14,400 shares of the company’s stock worth $758,000 after buying an additional 400 shares during the period. Swiss National Bank increased its position in shares of Capella Education by 3.2% in the second quarter. Swiss National Bank now owns 19,200 shares of the company’s stock worth $1,011,000 after buying an additional 600 shares during the period. Finally, HL Financial Services LLC increased its position in shares of Capella Education by 12.5% in the second quarter. HL Financial Services LLC now owns 28,734 shares of the company’s stock worth $1,513,000 after buying an additional 3,183 shares during the period. Institutional investors own 90.34% of the company’s stock.
Shares of Capella Education Co. (NASDAQ:CPLA) opened at 58.895 on Tuesday. The stock has a market cap of $681.00 million, a PE ratio of 18.268 and a beta of 1.05. Capella Education Co. has a 1-year low of $39.06 and a 1-year high of $63.01. The stock’s 50 day moving average price is $58.72 and its 200 day moving average price is $55.53.
Capella Education (NASDAQ:CPLA) last announced its earnings results on Tuesday, July 26th. The company reported $0.82 EPS for the quarter, missing the consensus estimate of $0.87 by $0.05. The company had revenue of $106.70 million for the quarter, compared to analysts’ expectations of $105.93 million. Capella Education had a net margin of 9.12% and a return on equity of 20.80%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.83 earnings per share. On average, equities research analysts anticipate that Capella Education Co. will post $3.49 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 14th. Shareholders of record on Friday, August 26th were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Wednesday, August 24th. This represents a $1.56 annualized dividend and a yield of 2.67%. Capella Education’s dividend payout ratio is presently 48.30%.
CPLA has been the subject of a number of research analyst reports. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Capella Education in a report on Tuesday, October 4th. Zacks Investment Research raised Capella Education from a “hold” rating to a “buy” rating and set a $65.00 price target for the company in a report on Tuesday, September 27th. Finally, Barrington Research upped their price target on Capella Education from $60.00 to $66.00 and gave the company an “outperform” rating in a report on Wednesday, July 27th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $59.80.
In other Capella Education news, CFO Steven L. Polacek sold 2,894 shares of Capella Education stock in a transaction that occurred on Monday, August 22nd. The stock was sold at an average price of $62.00, for a total transaction of $179,428.00. Following the sale, the chief financial officer now directly owns 43,355 shares in the company, valued at approximately $2,688,010. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO J Kevin Gilligan sold 16,892 shares of Capella Education stock in a transaction that occurred on Friday, August 19th. The stock was sold at an average price of $59.23, for a total value of $1,000,513.16. Following the sale, the chief executive officer now owns 69,705 shares in the company, valued at $4,128,627.15. The disclosure for this sale can be found here. Company insiders own 6.50% of the company’s stock.
Capella Education Company Profile
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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