Strayer Education Inc (NASDAQ:STRA) 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Strayer Education stock opened at $102.62 on Wednesday. The stock has a market cap of $1,134.66, a P/E ratio of 33.00, a PEG ratio of 2.57 and a beta of 0.84. Strayer Education Inc has a 12-month low of $75.91 and a 12-month high of $104.85.
Strayer Education (NASDAQ:STRA) last posted its quarterly earnings data on Thursday, March 1st. The health services provider reported $1.09 EPS for the quarter, missing the Thomson Reuters’ 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 during the quarter, compared to analysts’ expectations of $121.50 million. During the same period in the previous year, the business posted $1.07 EPS. The company’s revenue for the quarter was down .4% compared to the same quarter last year. analysts predict that Strayer Education Inc will post 3.96 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Monday, March 19th. Stockholders of record on Monday, March 12th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, March 9th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.97%. Strayer Education’s payout ratio is 32.15%.
STRA has been the subject of several recent analyst reports. ValuEngine upgraded shares of Strayer Education from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. BMO Capital Markets dropped their target price on shares of Strayer Education from $112.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday, March 5th. Zacks Investment Research raised 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 report on Friday, January 5th. First Analysis raised shares of Strayer Education from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $105.00 to $112.00 in a research report on Sunday, March 4th. Finally, BidaskClub raised shares of Strayer Education from a “sell” rating to a “hold” rating in a report on Monday, February 5th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $100.75.
Several institutional investors have recently made changes to their positions in STRA. Acadian Asset Management LLC purchased a new position in Strayer Education in the 4th quarter valued at $190,000. US Bancorp DE boosted its position in shares of Strayer Education by 40.2% during the 4th quarter. US Bancorp DE now owns 2,248 shares of the health services provider’s stock worth $201,000 after purchasing an additional 645 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Strayer Education during the 3rd quarter worth $203,000. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in shares of Strayer Education during the 3rd quarter worth $208,000. Finally, HBK Investments L P purchased a new stake in shares of Strayer Education during the 4th quarter worth $278,000. 98.15% of the stock is currently owned by institutional investors and hedge funds.
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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