Strayer Education (NASDAQ:STRA) Lowered to “Sell” at BidaskClub

BidaskClub downgraded shares of Strayer Education (NASDAQ:STRA) from a hold rating to a sell rating in a research report sent to investors on Friday, January 19th.

A number of other analysts also recently issued reports on the company. Piper Jaffray Companies reiterated a hold rating and set a $96.00 price target on shares of Strayer Education in a research report on Monday, December 4th. Zacks Investment Research upgraded Strayer Education from a hold rating to a strong-buy rating and set a $110.00 target price for the company in a research report on Wednesday, November 29th. BMO Capital Markets restated an outperform rating and issued a $118.00 target price (up previously from $99.00) on shares of Strayer Education in a research report on Tuesday, October 31st. Finally, ValuEngine downgraded Strayer Education from a buy rating to a hold rating in a research report on Friday, December 1st. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Strayer Education presently has an average rating of Hold and a consensus price target of $102.25.

Shares of Strayer Education (NASDAQ:STRA) traded up $1.54 on Friday, hitting $92.53. The stock had a trading volume of 53,106 shares, compared to its average volume of 97,023. The company has a market cap of $1,003.51, a P/E ratio of 28.44 and a beta of 0.91. Strayer Education has a 12-month low of $71.31 and a 12-month high of $100.72.

Institutional investors and hedge funds have recently bought and sold shares of the company. Victory Capital Management Inc. increased its stake in shares of Strayer Education by 15.1% during the second quarter. Victory Capital Management Inc. now owns 1,680 shares of the health services provider’s stock valued at $157,000 after buying an additional 221 shares during the period. Acadian Asset Management LLC purchased a new position in shares of Strayer Education during the fourth quarter valued at approximately $190,000. Stifel Financial Corp purchased a new position in shares of Strayer Education during the second quarter valued at approximately $202,000. US Bancorp DE increased its stake in shares of Strayer Education by 40.2% during the fourth quarter. US Bancorp DE now owns 2,248 shares of the health services provider’s stock valued at $201,000 after buying an additional 645 shares during the period. Finally, Piedmont Investment Advisors LLC bought a new stake in shares of Strayer Education during the second quarter valued at approximately $211,000. 93.99% of the stock is currently owned by hedge funds and other institutional investors.

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Strayer Education Company Profile

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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