Wed Sep 11 09:44:45 UTC 2024: ## Candriam S.C.A. Increases Stake in Grand Canyon Education

**Phoenix, Arizona – September 11, 2024** – Candriam S.C.A., a prominent institutional investor, has increased its stake in Grand Canyon Education, Inc. (NASDAQ: LOPE) by 7.6% during the second quarter of 2024, according to a recent SEC filing. The company now owns 12,817 shares, valued at $1,793,000.

This move follows a trend of increased institutional interest in Grand Canyon Education. Other investors, including Parkside Financial Bank & Trust, Arizona State Retirement System, and Allegheny Financial Group LTD, also boosted their holdings in the company during the quarter.

Grand Canyon Education, Inc. provides educational services to colleges and universities across the United States, specializing in technology, academic, and counseling services. The company’s stock opened at $137.81 on Wednesday, with a market capitalization of $4.10 billion.

Analysts are generally optimistic about Grand Canyon Education’s future prospects. BMO Capital Markets recently raised their price objective on the company to $162.00 and gave it an “outperform” rating. Barrington Research also reaffirmed an “outperform” rating and issued a $165.00 target price. However, StockNews.com downgraded the stock from “buy” to “hold” on Monday.

Overall, the recent investment activity and positive analyst sentiment suggest continued confidence in Grand Canyon Education’s ability to deliver value to shareholders.

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