Swiss National Bank Has $1,613,000 Stake in Strayer Education, Inc. (STRA)
Swiss National Bank held its stake in Strayer Education, Inc. (NASDAQ:STRA) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,300 shares of the health services provider’s stock at the close of the 2nd quarter. Swiss National Bank owned 0.16% of Strayer Education worth $1,613,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. Victory Capital Management Inc. boosted its position in Strayer Education by 15.1% during the 2nd quarter. Victory Capital Management Inc. now owns 1,680 shares of the health services provider’s stock worth $157,000 after purchasing an additional 221 shares during the period. State of Alaska Department of Revenue boosted its position in Strayer Education by 79.8% during the 2nd quarter. State of Alaska Department of Revenue now owns 2,068 shares of the health services provider’s stock worth $192,000 after purchasing an additional 918 shares during the period. Mason Street Advisors LLC boosted its position in Strayer Education by 7.0% during the 1st quarter. Mason Street Advisors LLC now owns 2,438 shares of the health services provider’s stock worth $196,000 after purchasing an additional 159 shares during the period. Karp Capital Management Corp purchased a new stake in Strayer Education during the 1st quarter worth $239,000. Finally, Aperio Group LLC boosted its position in Strayer Education by 1.4% during the 2nd quarter. Aperio Group LLC now owns 3,012 shares of the health services provider’s stock worth $281,000 after purchasing an additional 42 shares during the period. 93.04% of the stock is owned by hedge funds and other institutional investors.
A number of analysts recently weighed in on the stock. BMO Capital Markets reaffirmed a “buy” rating and set a $100.00 price target on shares of Strayer Education in a research report on Thursday, July 20th. Piper Jaffray Companies reiterated a “hold” rating on shares of Strayer Education in a report on Friday, July 21st. Zacks Investment Research upgraded shares of Strayer Education from a “sell” rating to a “hold” rating in a report on Monday, July 17th. Finally, BidaskClub lowered shares of Strayer Education from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 27th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $94.00.
Strayer Education, Inc. (NASDAQ:STRA) opened at 88.65 on Monday. The firm has a market cap of $948.64 million, a price-to-earnings ratio of 27.54 and a beta of 0.95. Strayer Education, Inc. has a one year low of $44.63 and a one year high of $95.74. The firm has a 50-day moving average of $82.20 and a 200-day moving average of $85.36.
Strayer Education (NASDAQ:STRA) last posted its earnings results on Wednesday, July 26th. The health services provider reported $0.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.05. Strayer Education had a net margin of 7.90% and a return on equity of 17.65%. The business had revenue of $112.70 million for the quarter, compared to analyst estimates of $113.68 million. During the same period last year, the business posted $0.72 EPS. Strayer Education’s revenue was up 3.9% compared to the same quarter last year. Analysts anticipate that Strayer Education, Inc. will post $3.33 EPS for the current year.
The company also recently announced a quarterly dividend, which was paid on Monday, September 18th. Investors of record on Tuesday, September 5th were paid a $0.25 dividend. The ex-dividend date was Friday, September 1st. This represents a $1.00 dividend on an annualized basis and a yield of 1.13%. Strayer Education’s payout ratio is presently 31.15%.
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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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