Nationwide Fund Advisors decreased its position in Capella Education Company (NASDAQ:CPLA) by 19.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,168 shares of the company’s stock after selling 4,444 shares during the quarter. Nationwide Fund Advisors owned about 0.16% of Capella Education worth $1,555,000 as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the stock. Sei Investments Co. lifted its stake in Capella Education by 3.4% during the first quarter. Sei Investments Co. now owns 2,428 shares of the company’s stock worth $207,000 after purchasing an additional 79 shares during the last quarter. Arizona State Retirement System lifted its stake in Capella Education by 1.7% during the first quarter. Arizona State Retirement System now owns 6,039 shares of the company’s stock worth $513,000 after purchasing an additional 100 shares during the last quarter. Texas Permanent School Fund lifted its stake in Capella Education by 1.2% during the second quarter. Texas Permanent School Fund now owns 8,461 shares of the company’s stock worth $724,000 after purchasing an additional 102 shares during the last quarter. Municipal Employees Retirement System of Michigan lifted its stake in Capella Education by 5.0% during the second quarter. Municipal Employees Retirement System of Michigan now owns 2,730 shares of the company’s stock worth $234,000 after purchasing an additional 130 shares during the last quarter. Finally, Mason Street Advisors LLC lifted its stake in Capella Education by 7.8% during the first quarter. Mason Street Advisors LLC now owns 2,700 shares of the company’s stock worth $230,000 after purchasing an additional 195 shares during the last quarter. Institutional investors and hedge funds own 91.14% of the company’s stock.
Several research analysts have recently issued reports on the stock. Zacks Investment Research upgraded Capella Education from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. BidaskClub downgraded Capella Education from a “hold” rating to a “sell” rating in a report on Friday, July 28th. BMO Capital Markets reiterated a “buy” rating and set a $86.00 price target on shares of Capella Education in a report on Monday, September 18th. Finally, Barrington Research decreased their price target on Capella Education from $98.00 to $90.00 and set an “outperform” rating for the company in a report on Tuesday, July 25th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $87.00.
COPYRIGHT VIOLATION NOTICE: “Nationwide Fund Advisors Reduces Stake in Capella Education Company (NASDAQ:CPLA)” was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this piece on another site, it was copied illegally and republished in violation of United States and international trademark and copyright laws. The correct version of this piece can be viewed at https://www.dispatchtribunal.com/2017/10/28/capella-education-company-cpla-holdings-lessened-by-nationwide-fund-advisors.html.
Capella Education Company (CPLA) opened at 65.50 on Friday. Capella Education Company has a 52-week low of $65.15 and a 52-week high of $99.25. The stock’s 50 day moving average is $68.37 and its 200-day moving average is $79.03. The company has a market cap of $764.45 million, a PE ratio of 16.91 and a beta of 0.44.
Capella Education (NASDAQ:CPLA) last issued its quarterly earnings results on Tuesday, July 25th. The company reported $0.90 EPS for the quarter, topping the consensus estimate of $0.80 by $0.10. Capella Education had a net margin of 10.49% and a return on equity of 20.23%. The company had revenue of $109.60 million during the quarter, compared to analyst estimates of $109.89 million. During the same quarter in the previous year, the firm earned $0.93 EPS. The firm’s revenue was up 2.7% compared to the same quarter last year. Equities research analysts predict that Capella Education Company will post $3.54 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Friday, October 13th. Stockholders of record on Friday, August 25th were issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.50%. The ex-dividend date was Wednesday, August 23rd. Capella Education’s payout ratio is 42.38%.
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.
Receive News & Ratings for Capella Education Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capella Education Company and related companies with MarketBeat.com's FREE daily email newsletter.