Shares of Strayer Education Inc. (NASDAQ:STRA) shot up 4.2% on Friday . The company traded as high as $50.21 and last traded at $50.07, with a volume of 140,541 shares. The stock had previously closed at $48.04.

A number of research firms have weighed in on STRA. BMO Capital Markets reissued a “buy” rating and set a $55.00 price objective on shares of Strayer Education in a report on Thursday, July 28th. Zacks Investment Research cut shares of Strayer Education from a “hold” rating to a “sell” rating in a report on Thursday, April 28th. Finally, Credit Suisse Group AG reaffirmed a “hold” rating and issued a $56.00 target price on shares of Strayer Education in a report on Wednesday, June 15th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $51.50.

The stock has a market cap of $532.07 million and a P/E ratio of 14.60. The stock’s 50-day moving average is $48.20 and its 200 day moving average is $47.41.

Strayer Education (NASDAQ:STRA) last released its quarterly earnings results on Wednesday, July 27th. The company reported $0.72 earnings per share for the quarter, missing the Zacks’ consensus estimate of $1.04 by $0.32. The business earned $108.50 million during the quarter, compared to analysts’ expectations of $109.21 million. The firm’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.11 EPS. Equities analysts anticipate that Strayer Education Inc. will post $3.20 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in Strayer Education stock. First Trust Advisors LP increased its position in Strayer Education Inc. (NASDAQ:STRA) by 334.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 27,343 shares of the company’s stock after buying an additional 21,050 shares during the period. First Trust Advisors LP owned approximately 0.26% of Strayer Education worth $1,644,000 as of its most recent filing with the SEC.

Strayer Education, Inc is an education services holding company. The Company provides post-secondary education services. The Company offers a range of academic programs through its subsidiaries, Strayer University, Inc (the University) and New York Code and Design Academy (NYCDA). The University offers undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, public administration and criminal justice at approximately 80 physical campuses located in the Mid-Atlantic and Southern regions of the United States, and online.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.