Strayer Education (NASDAQ:STRA) Upgraded by BidaskClub to Hold

BidaskClub upgraded shares of Strayer Education (NASDAQ:STRA) from a sell rating to a hold rating in a report issued on Monday, February 5th.

Other research analysts have also issued research reports about the company. Zacks Investment Research upgraded Strayer Education from a hold rating to a buy rating and set a $100.00 price objective for the company in a research report on Friday, January 5th. Piper Jaffray Companies reiterated a hold rating and set a $96.00 price target on shares of Strayer Education in a research report on Monday, December 4th. ValuEngine lowered Strayer Education from a buy rating to a hold rating in a research report on Friday, December 1st. Finally, BMO Capital Markets reissued an outperform rating and issued a $118.00 price objective (up previously from $99.00) on shares of Strayer Education in a research note on Tuesday, October 31st. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of $102.25.

Strayer Education (NASDAQ:STRA) traded down $1.40 during trading hours on Monday, reaching $91.58. The company had a trading volume of 46,612 shares, compared to its average volume of 92,362. Strayer Education has a twelve month low of $74.75 and a twelve month high of $100.72. The firm has a market cap of $1,038.35, a price-to-earnings ratio of 26.57 and a beta of 0.91.

Several institutional investors have recently made changes to their positions in STRA. Wells Fargo & Company MN raised its position in shares of Strayer Education by 14.0% during the second quarter. Wells Fargo & Company MN now owns 9,639 shares of the health services provider’s stock worth $898,000 after purchasing an additional 1,186 shares during the period. Teachers Advisors LLC raised its position in shares of Strayer Education by 4.4% during the second quarter. Teachers Advisors LLC now owns 19,186 shares of the health services provider’s stock worth $1,789,000 after purchasing an additional 812 shares during the period. TIAA CREF Investment Management LLC raised its position in shares of Strayer Education by 0.9% during the second quarter. TIAA CREF Investment Management LLC now owns 28,454 shares of the health services provider’s stock worth $2,652,000 after purchasing an additional 255 shares during the period. Ameriprise Financial Inc. raised its position in shares of Strayer Education by 0.7% during the second quarter. Ameriprise Financial Inc. now owns 54,986 shares of the health services provider’s stock worth $5,126,000 after purchasing an additional 385 shares during the period. Finally, Thrivent Financial For Lutherans raised its position in shares of Strayer Education by 8.0% during the second quarter. Thrivent Financial For Lutherans now owns 6,310 shares of the health services provider’s stock worth $588,000 after purchasing an additional 470 shares during the period. 95.13% of the stock is currently owned by institutional investors.

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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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