Strayer Education Inc (NASDAQ:STRA) has received an average recommendation of “Hold” from the seven brokerages that are presently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $102.25.

Several analysts have recently weighed in on the stock. Zacks Investment Research upgraded shares of Strayer Education from a “sell” rating to a “buy” rating and set a $94.00 price objective for the company in a research report on Tuesday, September 26th. BidaskClub downgraded shares of Strayer Education from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. Piper Jaffray Companies restated a “hold” rating and set a $96.00 price objective on shares of Strayer Education in a research report on Monday, December 4th. ValuEngine downgraded shares of Strayer Education from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, BMO Capital Markets restated an “outperform” rating and set a $118.00 price objective (up previously from $99.00) on shares of Strayer Education in a research report on Tuesday, October 31st.

A number of hedge funds have recently added to or reduced their stakes in STRA. Legal & General Group Plc raised its position in Strayer Education by 13.7% in the 2nd quarter. Legal & General Group Plc now owns 20,882 shares of the health services provider’s stock valued at $1,947,000 after purchasing an additional 2,510 shares during the last quarter. BNP Paribas Arbitrage SA raised its position in Strayer Education by 43.1% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 5,429 shares of the health services provider’s stock valued at $506,000 after purchasing an additional 1,635 shares during the last quarter. Victory Capital Management Inc. raised its position in Strayer Education by 15.1% in the 2nd 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 last quarter. Principal Financial Group Inc. raised its position in Strayer Education by 0.7% in the 2nd quarter. Principal Financial Group Inc. now owns 79,948 shares of the health services provider’s stock valued at $7,453,000 after purchasing an additional 534 shares during the last quarter. Finally, Wells Fargo & Company MN raised its position in Strayer Education by 14.0% in the 2nd quarter. Wells Fargo & Company MN now owns 9,639 shares of the health services provider’s stock valued at $898,000 after purchasing an additional 1,186 shares during the last quarter. Hedge funds and other institutional investors own 93.73% of the company’s stock.

Strayer Education (NASDAQ STRA) traded up $0.89 during midday trading on Friday, reaching $93.38. 42,091 shares of the company’s stock traded hands, compared to its average volume of 61,967. Strayer Education has a 12 month low of $71.31 and a 12 month high of $100.72. The firm has a market cap of $1,040.00, a PE ratio of 26.68 and a beta of 0.90.

Strayer Education (NASDAQ:STRA) last posted its quarterly earnings results on Monday, October 30th. The health services provider reported $0.34 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.05). Strayer Education had a return on equity of 11.76% and a net margin of 5.74%. The firm had revenue of $108.50 million for the quarter, compared to analyst estimates of $107.54 million. During the same quarter last year, the firm earned $0.25 EPS. The company’s revenue was up 6.2% on a year-over-year basis. sell-side analysts expect that Strayer Education will post 3.35 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 18th. Stockholders of record on Monday, December 4th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, December 1st. This represents a $1.00 annualized dividend and a dividend yield of 1.07%. Strayer Education’s dividend payout ratio is presently 28.57%.

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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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