Strayer Education Inc (STRA) Stake Increased by Dimensional Fund Advisors LP

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Dimensional Fund Advisors LP raised its position in Strayer Education Inc (NASDAQ:STRA) by 0.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 444,911 shares of the health services provider’s stock after acquiring an additional 1,309 shares during the period. Dimensional Fund Advisors LP owned approximately 3.94% of Strayer Education worth $44,958,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. increased its holdings in shares of Strayer Education by 1.3% in the 1st quarter. BlackRock Inc. now owns 1,344,459 shares of the health services provider’s stock valued at $135,857,000 after purchasing an additional 17,796 shares in the last quarter. TimesSquare Capital Management LLC increased its holdings in shares of Strayer Education by 110.7% in the 4th quarter. TimesSquare Capital Management LLC now owns 550,270 shares of the health services provider’s stock valued at $49,293,000 after purchasing an additional 289,065 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Strayer Education by 14.5% during the 4th quarter. Bank of New York Mellon Corp now owns 166,716 shares of the health services provider’s stock valued at $14,934,000 after acquiring an additional 21,123 shares in the last quarter. Geode Capital Management LLC increased its holdings in Strayer Education by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 97,031 shares of the health services provider’s stock valued at $8,692,000 after acquiring an additional 3,402 shares in the last quarter. Finally, Schroder Investment Management Group increased its holdings in Strayer Education by 13.8% during the 4th quarter. Schroder Investment Management Group now owns 73,696 shares of the health services provider’s stock valued at $6,602,000 after acquiring an additional 8,960 shares in the last quarter. Institutional investors own 98.07% of the company’s stock.

STRA has been the subject of several recent research reports. BMO Capital Markets raised their target price on shares of Strayer Education from $107.00 to $118.00 and gave the company an “outperform” rating in a report on Thursday, May 3rd. BidaskClub downgraded shares of Strayer Education from a “strong-buy” rating to a “buy” rating in a report on Saturday, April 28th. Zacks Investment Research downgraded shares of Strayer Education from a “buy” rating to a “hold” rating in a report on Tuesday, June 12th. Finally, First Analysis upgraded shares of Strayer Education from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $105.00 to $112.00 in a report on Sunday, March 4th. Six equities research analysts have rated the stock with a buy rating, The company currently has a consensus rating of “Buy” and a consensus price target of $112.25.

In other news, insider Brian W. Jones sold 3,600 shares of Strayer Education stock in a transaction dated Monday, May 14th. The shares were sold at an average price of $103.74, for a total transaction of $373,464.00. Following the completion of the sale, the insider now directly owns 28,510 shares in the company, valued at $2,957,627.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John T. Casteen III sold 1,138 shares of Strayer Education stock in a transaction dated Friday, June 8th. The stock was sold at an average price of $111.03, for a total transaction of $126,352.14. Following the sale, the director now owns 8,419 shares of the company’s stock, valued at $934,761.57. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 68,612 shares of company stock valued at $7,268,139. Insiders own 6.70% of the company’s stock.

Strayer Education opened at $113.01 on Friday, Marketbeat.com reports. Strayer Education Inc has a twelve month low of $76.40 and a twelve month high of $116.10. The stock has a market cap of $1.27 billion, a price-to-earnings ratio of 36.34, a price-to-earnings-growth ratio of 2.76 and a beta of 0.82.

Strayer Education (NASDAQ:STRA) last posted its earnings results on Wednesday, May 2nd. The health services provider reported $1.23 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.15 by $0.08. Strayer Education had a net margin of 4.27% and a return on equity of 18.90%. The firm had revenue of $116.50 million during the quarter, compared to the consensus estimate of $116.16 million. During the same period last year, the firm posted $0.95 EPS. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. equities research analysts anticipate that Strayer Education Inc will post 4.08 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Monday, June 18th. Stockholders of record on Monday, June 4th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, June 1st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.88%. Strayer Education’s dividend payout ratio (DPR) is presently 32.15%.

Strayer Education Profile

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

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