Strategic Education (NASDAQ:STRA) had its price target boosted by equities research analysts at Barrington Research to $175.00 in a research report issued to clients and investors on Thursday, The Fly reports. The brokerage currently has an “outperform” rating on the health services provider’s stock. Barrington Research’s price objective points to a potential upside of 24.71% from the company’s previous close.

STRA has been the subject of a number of other research reports. ValuEngine upgraded shares of Strategic Education from a “hold” rating to a “buy” rating in a report on Tuesday, August 28th. Piper Jaffray Companies raised their price objective on shares of Strategic Education to $165.00 and gave the stock an “overweight” rating in a report on Thursday, August 2nd. BidaskClub downgraded shares of Strategic Education from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 4th. Zacks Investment Research downgraded shares of Strategic Education from a “buy” rating to a “hold” rating in a report on Monday, July 30th. Finally, BMO Capital Markets raised their price objective on shares of Strategic Education to $152.00 and gave the stock an “outperform” rating in a report on Friday, August 24th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $147.40.

Shares of STRA stock opened at $140.33 on Thursday. The stock has a market capitalization of $1.52 billion, a PE ratio of 38.04, a PEG ratio of 3.06 and a beta of 1.03. Strategic Education has a one year low of $80.75 and a one year high of $154.89.

Strategic Education (NASDAQ:STRA) last announced its earnings results on Thursday, November 8th. The health services provider reported $0.92 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.24. Strategic Education had a net margin of 3.14% and a return on equity of 18.39%. The company had revenue of $160.90 million during the quarter, compared to the consensus estimate of $185.48 million. During the same quarter in the prior year, the company posted $0.34 earnings per share. The firm’s revenue for the quarter was up 48.3% on a year-over-year basis. As a group, sell-side analysts expect that Strategic Education will post 4.39 EPS for the current year.

In related news, insider J Kevin Gilligan sold 5,000 shares of the firm’s stock in a transaction dated Thursday, August 23rd. The shares were sold at an average price of $135.79, for a total transaction of $678,950.00. Following the completion of the sale, the insider now owns 128,744 shares in the company, valued at $17,482,147.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 65,000 shares of company stock valued at $8,613,200 in the last 90 days. 3.70% of the stock is currently owned by corporate insiders.

Large investors have recently modified their holdings of the business. Schwab Charles Investment Management Inc. boosted its position in Strategic Education by 4.9% during the second quarter. Schwab Charles Investment Management Inc. now owns 98,146 shares of the health services provider’s stock worth $11,092,000 after purchasing an additional 4,549 shares during the period. Legal & General Group Plc boosted its position in Strategic Education by 6.8% during the second quarter. Legal & General Group Plc now owns 23,129 shares of the health services provider’s stock worth $2,613,000 after purchasing an additional 1,470 shares during the period. Louisiana State Employees Retirement System boosted its position in Strategic Education by 96.9% during the third quarter. Louisiana State Employees Retirement System now owns 9,450 shares of the health services provider’s stock worth $1,295,000 after purchasing an additional 4,650 shares during the period. Handelsinvest Investeringsforvaltning bought a new position in Strategic Education during the third quarter worth about $9,119,000. Finally, Texas Permanent School Fund boosted its position in Strategic Education by 272.6% during the third quarter. Texas Permanent School Fund now owns 13,537 shares of the health services provider’s stock worth $1,855,000 after purchasing an additional 9,904 shares during the period. Hedge funds and other institutional investors own 99.93% of the company’s stock.

Strategic Education Company Profile

Strategic 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 and Capella University that provide 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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