Strayer Education (STRA) Rating Increased to Strong-Buy at BidaskClub

BidaskClub upgraded shares of Strayer Education (NASDAQ:STRA) from a buy rating to a strong-buy rating in a research report report published on Wednesday.

Other equities analysts have also issued reports about the stock. ValuEngine upgraded shares of Strayer Education from a hold rating to a buy rating in a research report on Thursday, March 1st. Zacks Investment Research upgraded shares of Strayer Education from a hold rating to a buy rating and set a $100.00 price target for the company in a research report on Friday, January 5th. BMO Capital Markets reiterated a buy rating and issued a $107.00 price target on shares of Strayer Education in a research report on Wednesday, April 11th. TheStreet lowered shares of Strayer Education from a b rating to a c+ rating in a research report on Tuesday, March 13th. Finally, Piper Jaffray upgraded shares of Strayer Education from a neutral rating to an overweight rating in a research report on Monday, March 5th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of $103.75.

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Shares of STRA stock opened at $106.96 on Wednesday. Strayer Education has a 12 month low of $76.40 and a 12 month high of $109.82. The company has a market cap of $1,200.06, a price-to-earnings ratio of 34.39, a price-to-earnings-growth ratio of 2.72 and a beta of 0.84.



Strayer Education (NASDAQ:STRA) last announced its earnings results on Thursday, March 1st. The health services provider reported $1.09 EPS for the quarter, missing the Zacks’ consensus estimate of $1.29 by ($0.20). Strayer Education had a net margin of 4.53% and a return on equity of 17.75%. The business had revenue of $118.70 million for the quarter, compared to analysts’ expectations of $121.50 million. During the same period in the prior year, the company posted $1.07 earnings per share. The firm’s quarterly revenue was down .4% on a year-over-year basis. equities research analysts predict that Strayer Education will post 3.96 EPS for the current year.

In other Strayer Education news, insider Brian W. Jones sold 3,239 shares of the company’s stock in a transaction that occurred on Thursday, March 15th. The shares were sold at an average price of $101.86, for a total value of $329,924.54. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Daniel Wayne Jackson sold 19,097 shares of the company’s stock in a transaction that occurred on Tuesday, March 6th. The stock was sold at an average price of $93.39, for a total transaction of $1,783,468.83. Following the completion of the transaction, the chief financial officer now owns 58,015 shares of the company’s stock, valued at $5,418,020.85. The disclosure for this sale can be found here. Over the last quarter, insiders sold 34,043 shares of company stock valued at $3,181,155. Company insiders own 6.70% of the company’s stock.

Several large investors have recently modified their holdings of the stock. MetLife Investment Advisors LLC bought a new position in shares of Strayer Education during the fourth quarter worth $453,000. Municipal Employees Retirement System of Michigan boosted its position in shares of Strayer Education by 25.1% during the fourth quarter. Municipal Employees Retirement System of Michigan now owns 4,930 shares of the health services provider’s stock worth $442,000 after acquiring an additional 990 shares during the last quarter. Millennium Management LLC boosted its position in shares of Strayer Education by 278.7% during the fourth quarter. Millennium Management LLC now owns 12,489 shares of the health services provider’s stock worth $1,119,000 after acquiring an additional 9,191 shares during the last quarter. HBK Investments L P bought a new position in shares of Strayer Education during the fourth quarter worth $278,000. Finally, Two Sigma Investments LP bought a new position in shares of Strayer Education during the fourth quarter worth $5,049,000. Hedge funds and other institutional investors own 98.15% of the company’s stock.

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About Strayer Education

Strayer Education, Inc, through its subsidiaries, provides a range of post-secondary education and other academic programs in the United States. The company operates Strayer University that provides undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration, and criminal justice to working adult students through its 74 physical campuses primarily located in the Mid-Atlantic and Southern regions, as well as through online.

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