Strayer Education, Inc. (NASDAQ:STRA)‘s stock had its “hold” rating reiterated by equities research analysts at Piper Jaffray Companies in a report issued on Friday, July 21st.
Several other equities analysts have also issued reports on the company. BMO Capital Markets reaffirmed a “buy” rating and issued a $100.00 target price on shares of Strayer Education in a report on Thursday, July 20th. Zacks Investment Research raised Strayer Education from a “sell” rating to a “hold” rating in a report on Monday, July 17th. Finally, First Analysis upped their target price on Strayer Education from $76.00 to $95.00 and gave the company an “equal weight” rating in a report on Monday, May 15th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $83.75.
Strayer Education (NASDAQ:STRA) traded down 0.78% on Friday, hitting $77.25. The company had a trading volume of 81,570 shares. Strayer Education has a one year low of $44.63 and a one year high of $95.74. The company has a market capitalization of $826.65 million, a P/E ratio of 24.00 and a beta of 0.90. The stock’s 50-day moving average price is $86.21 and its 200 day moving average price is $84.71.
Strayer Education (NASDAQ:STRA) last released its earnings results on Wednesday, July 26th. The health services provider reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.05. The company had revenue of $112.70 million during the quarter, compared to analyst estimates of $113.68 million. Strayer Education had a return on equity of 17.65% and a net margin of 7.90%. Strayer Education’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.72 earnings per share. On average, analysts expect that Strayer Education will post $3.33 EPS for the current fiscal year.
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Institutional investors have recently made changes to their positions in the stock. BlackRock Inc. raised its position in shares of Strayer Education by 64,392.9% in the first quarter. BlackRock Inc. now owns 1,298,888 shares of the health services provider’s stock valued at $104,548,000 after buying an additional 1,296,874 shares during the period. Vanguard Group Inc. raised its position in shares of Strayer Education by 3.2% in the second quarter. Vanguard Group Inc. now owns 1,143,120 shares of the health services provider’s stock valued at $106,562,000 after buying an additional 35,328 shares during the period. Capital World Investors raised its position in shares of Strayer Education by 0.4% in the second quarter. Capital World Investors now owns 724,200 shares of the health services provider’s stock valued at $67,510,000 after buying an additional 3,095 shares during the period. FMR LLC raised its position in shares of Strayer Education by 3.3% in the second quarter. FMR LLC now owns 527,600 shares of the health services provider’s stock valued at $49,183,000 after buying an additional 16,693 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Strayer Education by 0.5% in the second quarter. Dimensional Fund Advisors LP now owns 441,117 shares of the health services provider’s stock valued at $41,121,000 after buying an additional 2,295 shares during the period. 92.42% of the stock is owned by institutional investors and hedge funds.
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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