Strayer Education Inc (STRA) Given Consensus Rating of “Hold” by Analysts

Strayer Education Inc (NASDAQ:STRA) has earned an average recommendation of “Hold” from the seven ratings firms that are covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $103.00.

A number of equities research analysts have commented on STRA shares. BMO Capital Markets restated an “outperform” rating and set a $118.00 target price (up previously from $99.00) on shares of Strayer Education in a research note on Tuesday, October 31st. Zacks Investment Research upgraded shares of Strayer Education from a “hold” rating to a “buy” rating and set a $100.00 target price on the stock in a research note on Friday, January 5th. Piper Jaffray Companies restated a “hold” rating and set a $96.00 target price on shares of Strayer Education in a research note on Monday, December 4th. BidaskClub upgraded shares of Strayer Education from a “sell” rating to a “hold” rating in a research note on Monday. Finally, ValuEngine cut shares of Strayer Education from a “buy” rating to a “hold” rating in a research note on Friday, December 1st.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. US Bancorp DE grew its holdings in Strayer Education by 40.2% during the 4th 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 in the last quarter. Rice Hall James & Associates LLC grew its holdings in Strayer Education by 29.5% during the 4th quarter. Rice Hall James & Associates LLC now owns 167,728 shares of the health services provider’s stock valued at $15,025,000 after buying an additional 38,216 shares in the last quarter. Acadian Asset Management LLC purchased a new stake in Strayer Education during the 4th quarter valued at approximately $190,000. Burgundy Asset Management Ltd. grew its holdings in Strayer Education by 3.6% during the 3rd quarter. Burgundy Asset Management Ltd. now owns 342,996 shares of the health services provider’s stock valued at $29,933,000 after buying an additional 11,999 shares in the last quarter. Finally, GSA Capital Partners LLP grew its holdings in Strayer Education by 23.2% during the 3rd quarter. GSA Capital Partners LLP now owns 6,240 shares of the health services provider’s stock valued at $545,000 after buying an additional 1,175 shares in the last quarter. Institutional investors own 94.02% of the company’s stock.

Strayer Education (NASDAQ STRA) traded up $0.53 during midday trading on Tuesday, reaching $92.04. 186,016 shares of the company’s stock were exchanged, compared to its average volume of 96,685. Strayer Education has a 12 month low of $71.31 and a 12 month high of $100.72. The company has a market cap of $1,027.40, a PE ratio of 26.30 and a beta of 0.91.

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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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