Strayer Education Inc (STRA) Stake Decreased by First Trust Advisors LP

First Trust Advisors LP lowered its stake in shares of Strayer Education Inc (NASDAQ:STRA) by 25.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,647 shares of the health services provider’s stock after selling 5,254 shares during the quarter. First Trust Advisors LP’s holdings in Strayer Education were worth $1,402,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the company. D.A. Davidson & CO. grew its position in shares of Strayer Education by 2.8% during the third quarter. D.A. Davidson & CO. now owns 20,388 shares of the health services provider’s stock worth $1,779,000 after buying an additional 560 shares in the last quarter. US Bancorp DE grew its position 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 worth $201,000 after buying an additional 645 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of Strayer Education by 0.5% during the third quarter. Bank of New York Mellon Corp now owns 145,593 shares of the health services provider’s stock worth $12,706,000 after buying an additional 729 shares in the last quarter. Prudential Financial Inc. grew its position in shares of Strayer Education by 6.2% during the third quarter. Prudential Financial Inc. now owns 19,135 shares of the health services provider’s stock worth $1,670,000 after buying an additional 1,120 shares in the last quarter. Finally, GSA Capital Partners LLP grew its position in shares of Strayer Education by 23.2% during the third quarter. GSA Capital Partners LLP now owns 6,240 shares of the health services provider’s stock worth $545,000 after buying an additional 1,175 shares in the last quarter. 98.15% of the stock is owned by institutional investors and hedge funds.

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In other Strayer Education news, insider Brian W. Jones sold 8,743 shares of Strayer Education stock in a transaction on Monday, March 5th. The shares were sold at an average price of $91.24, for a total value of $797,711.32. Following the completion of the transaction, the insider now owns 40,325 shares of the company’s stock, valued at $3,679,253. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Brian W. Jones sold 3,239 shares of Strayer Education stock in a transaction on Thursday, March 15th. The stock was sold at an average price of $101.86, for a total transaction of $329,924.54. The disclosure for this sale can be found here. In the last ninety days, insiders sold 34,043 shares of company stock valued at $3,181,155. 6.70% of the stock is currently owned by corporate insiders.

STRA has been the subject of a number of recent analyst reports. Zacks Investment Research downgraded shares of Strayer Education from a “buy” rating to a “hold” rating in a research report on Tuesday, January 30th. BidaskClub raised shares of Strayer Education from a “hold” rating to a “buy” rating in a research report on Thursday, March 15th. BMO Capital Markets decreased their price target on shares of Strayer Education from $112.00 to $95.00 and set an “outperform” rating for the company in a research report on Monday, March 5th. First Analysis raised shares of Strayer Education from an “equal weight” rating to an “overweight” rating and raised their price target for the stock from $105.00 to $112.00 in a research report on Sunday, March 4th. Finally, ValuEngine raised shares of Strayer Education from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $100.75.

Strayer Education stock opened at $99.83 on Friday. The company has a market cap of $1,128.40, a price-to-earnings ratio of 54.85, a price-to-earnings-growth ratio of 2.51 and a beta of 0.92. Strayer Education Inc has a 1-year low of $75.84 and a 1-year high of $104.85.

Strayer Education (NASDAQ:STRA) last released its quarterly earnings data on Thursday, March 1st. The health services provider reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.29 by ($0.20). The business had revenue of $118.70 million during the quarter, compared to analyst estimates of $121.50 million. Strayer Education had a return on equity of 17.75% and a net margin of 4.53%. The business’s revenue for the quarter was down .4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.07 EPS. research analysts predict that Strayer Education Inc will post 4.03 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 19th. Shareholders of record on Monday, March 12th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 1.00%. The ex-dividend date was Friday, March 9th. Strayer Education’s dividend payout ratio is presently 54.95%.

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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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Institutional Ownership by Quarter for Strayer Education (NASDAQ:STRA)

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