Kellner Capital LLC Takes Position in Capella Education (CPLA)

Kellner Capital LLC bought a new stake in Capella Education (NASDAQ:CPLA) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 3,500 shares of the company’s stock, valued at approximately $271,000. Capella Education accounts for about 0.2% of Kellner Capital LLC’s holdings, making the stock its 28th biggest holding.

A number of other hedge funds have also recently added to or reduced their stakes in CPLA. Royal Bank of Canada grew its holdings in shares of Capella Education by 371.6% during the 2nd quarter. Royal Bank of Canada now owns 1,924 shares of the company’s stock valued at $164,000 after purchasing an additional 1,516 shares during the last quarter. UBS Asset Management Americas Inc. bought a new stake in shares of Capella Education during the 4th quarter valued at approximately $209,000. Piedmont Investment Advisors LLC bought a new stake in shares of Capella Education during the 2nd quarter valued at approximately $214,000. Cubist Systematic Strategies LLC bought a new stake in shares of Capella Education during the 3rd quarter valued at approximately $220,000. Finally, Crossmark Global Holdings Inc. bought a new stake in shares of Capella Education during the 3rd quarter valued at approximately $268,000. 87.34% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Capella Education (NASDAQ CPLA) opened at $79.60 on Friday. Capella Education has a 1 year low of $65.15 and a 1 year high of $99.25. The company has a market cap of $921.18, a P/E ratio of 22.39, a P/E/G ratio of 2.49 and a beta of 0.43.

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 13th. Investors of record on Thursday, March 8th will be given a dividend of $0.43 per share. The ex-dividend date is Wednesday, March 7th. This represents a $1.72 annualized dividend and a yield of 2.16%. Capella Education’s dividend payout ratio is presently 48.59%.

Several brokerages recently issued reports on CPLA. BidaskClub raised shares of Capella Education from a “strong sell” rating to a “sell” rating in a report on Monday, February 5th. Zacks Investment Research raised shares of Capella Education from a “hold” rating to a “buy” rating and set a $90.00 price target on the stock in a report on Tuesday, January 23rd. Barrington Research lowered shares of Capella Education from an “outperform” rating to a “market perform” rating in a report on Monday, October 30th. BMO Capital Markets reaffirmed a “buy” rating on shares of Capella Education in a report on Thursday, November 30th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating on shares of Capella Education in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. Capella Education currently has an average rating of “Hold” and a consensus price target of $94.33.

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Capella Education Company 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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Institutional Ownership by Quarter for Capella Education (NASDAQ:CPLA)

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