Vanguard Group Inc. grew its holdings in Strayer Education, Inc. (NASDAQ:STRA) by 3.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,143,120 shares of the health services provider’s stock after purchasing an additional 35,328 shares during the period. Vanguard Group Inc. owned approximately 10.68% of Strayer Education worth $106,562,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Victory Capital Management Inc. raised its position in shares of Strayer Education by 15.1% in the second quarter. Victory Capital Management Inc. now owns 1,680 shares of the health services provider’s stock valued at $157,000 after purchasing an additional 221 shares during the period. State of Alaska Department of Revenue raised its position in shares of Strayer Education by 79.8% in the second quarter. State of Alaska Department of Revenue now owns 2,068 shares of the health services provider’s stock valued at $192,000 after purchasing an additional 918 shares during the period. Karp Capital Management Corp bought a new stake in shares of Strayer Education in the first quarter valued at approximately $239,000. Aperio Group LLC increased its holdings in Strayer Education by 1.4% during the 2nd quarter. Aperio Group LLC now owns 3,012 shares of the health services provider’s stock worth $281,000 after acquiring an additional 42 shares during the period. Finally, OppenheimerFunds Inc. increased its holdings in Strayer Education by 25.2% during the 1st quarter. OppenheimerFunds Inc. now owns 4,263 shares of the health services provider’s stock worth $343,000 after acquiring an additional 859 shares during the period. 97.12% of the stock is currently owned by institutional investors.
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A number of analysts recently weighed in on STRA shares. Zacks Investment Research raised shares of Strayer Education from a “sell” rating to a “hold” rating in a report on Monday, July 17th. BMO Capital Markets reissued a “buy” rating and issued a $100.00 price target on shares of Strayer Education in a report on Thursday, July 20th. Piper Jaffray Companies reissued a “hold” rating on shares of Strayer Education in a report on Friday, July 21st. Finally, BidaskClub lowered shares of Strayer Education from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 27th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Strayer Education presently has an average rating of “Hold” and an average price target of $99.50.
Shares of Strayer Education, Inc. (STRA) traded up $0.95 on Friday, reaching $95.63. 143,500 shares of the company’s stock traded hands, compared to its average volume of 72,566. Strayer Education, Inc. has a fifty-two week low of $64.75 and a fifty-two week high of $100.72. The stock has a market cap of $1,013.18, a PE ratio of 29.96, a P/E/G ratio of 2.79 and a beta of 0.90.
Strayer Education (NASDAQ:STRA) last issued its quarterly earnings data on Monday, October 30th. The health services provider reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.05). The company had revenue of $108.50 million during the quarter, compared to the consensus estimate of $107.54 million. Strayer Education had a return on equity of 17.27% and a net margin of 8.52%. The firm’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.25 earnings per share. analysts expect that Strayer Education, Inc. will post 3.39 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 18th. Shareholders of record on Monday, December 4th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, December 1st. This represents a $1.00 dividend on an annualized basis and a yield of 1.05%. Strayer Education’s dividend payout ratio is currently 28.57%.
About Strayer Education
Strayer Education, Inc is an education services holding company. The Company provides post-secondary education and other academic programs, through its subsidiaries, Strayer University (the University) and New York Code and Design Academy (NYCDA). As of December 31, 2016, the University offered undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration and criminal justice at 74 physical campuses located in the Mid-Atlantic and Southern regions of the United States, and online.
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