State Board of Administration of Florida Retirement System lowered its stake in shares of Capella Education Company (NASDAQ:CPLA) by 0.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,879 shares of the company’s stock after selling 30 shares during the period. State Board of Administration of Florida Retirement System’s holdings in Capella Education Company were worth $1,394,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. Russell Investments Group Ltd. acquired a new position in Capella Education Company during the fourth quarter valued at $6,415,000. Dean Investment Associates LLC acquired a new position in Capella Education Company during the third quarter valued at $2,376,000. Spark Investment Management LLC raised its position in Capella Education Company by 22.2% in the third quarter. Spark Investment Management LLC now owns 58,800 shares of the company’s stock valued at $3,412,000 after buying an additional 10,700 shares during the last quarter. Kempen Capital Management N.V. raised its position in Capella Education Company by 20.5% in the third quarter. Kempen Capital Management N.V. now owns 6,454 shares of the company’s stock valued at $375,000 after buying an additional 1,100 shares during the last quarter. Finally, Matarin Capital Management LLC acquired a new position in Capella Education Company during the third quarter valued at $6,188,000. 92.24% of the stock is owned by institutional investors.
Capella Education Company (NASDAQ:CPLA) opened at 82.25 on Friday. The firm has a market cap of $949.58 million, a price-to-earnings ratio of 22.67 and a beta of 0.67. Capella Education Company has a one year low of $48.80 and a one year high of $90.40. The firm has a 50-day moving average of $79.67 and a 200-day moving average of $75.98.
Capella Education Company (NASDAQ:CPLA) last released its quarterly earnings data on Tuesday, February 14th. The company reported $0.97 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.95 by $0.02. The firm had revenue of $111.30 million for the quarter, compared to analyst estimates of $110.63 million. Capella Education Company had a net margin of 10.10% and a return on equity of 21.44%. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.96 EPS. Analysts anticipate that Capella Education Company will post $3.75 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 13th. Shareholders of record on Friday, March 10th will be paid a $0.41 dividend. The ex-dividend date is Wednesday, March 8th. This represents a $1.64 annualized dividend and a yield of 1.99%. Capella Education Company’s dividend payout ratio is presently 45.30%.
Several research firms recently weighed in on CPLA. BMO Capital Markets upgraded shares of Capella Education Company from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $83.00 to $84.00 in a report on Wednesday, February 15th. Zacks Investment Research lowered shares of Capella Education Company from a “hold” rating to a “sell” rating in a report on Friday, February 17th. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have given a buy rating to the stock. Capella Education Company has a consensus rating of “Hold” and a consensus price target of $78.20.
In other Capella Education Company news, CFO Steven L. Polacek sold 3,187 shares of the company’s stock in a transaction that occurred on Thursday, February 23rd. The shares were sold at an average price of $76.00, for a total value of $242,212.00. Following the transaction, the chief financial officer now owns 37,750 shares in the company, valued at approximately $2,869,000. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 6.50% of the stock is currently owned by corporate insiders.
About Capella Education Company
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.
Want to see what other hedge funds are holding CPLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Capella Education Company (NASDAQ:CPLA).