BNP Paribas Arbitrage SA grew its position in Strayer Education, Inc. (NASDAQ:STRA) by 43.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,429 shares of the health services provider’s stock after buying an additional 1,635 shares during the quarter. BNP Paribas Arbitrage SA owned 0.05% of Strayer Education worth $506,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. grew its stake in shares of Strayer Education by 64,392.9% in the first quarter. BlackRock Inc. now owns 1,298,888 shares of the health services provider’s stock valued at $104,548,000 after buying an additional 1,296,874 shares in the last quarter. FMR LLC grew its stake in shares of Strayer Education by 189.6% in the first quarter. FMR LLC now owns 510,907 shares of the health services provider’s stock valued at $41,123,000 after buying an additional 334,472 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Strayer Education by 0.9% in the first quarter. Dimensional Fund Advisors LP now owns 438,822 shares of the health services provider’s stock valued at $35,321,000 after buying an additional 3,762 shares in the last quarter. State Street Corp grew its stake in shares of Strayer Education by 7.1% in the first quarter. State Street Corp now owns 245,824 shares of the health services provider’s stock valued at $19,778,000 after buying an additional 16,351 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in shares of Strayer Education by 14.5% in the first quarter. Bank of New York Mellon Corp now owns 147,119 shares of the health services provider’s stock valued at $11,842,000 after buying an additional 18,611 shares in the last quarter. 93.04% of the stock is owned by institutional investors and hedge funds.

A number of brokerages have recently weighed in on STRA. BidaskClub cut Strayer Education from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. Zacks Investment Research raised Strayer Education from a “sell” rating to a “hold” rating in a research note on Monday, July 17th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $87.00 price objective on shares of Strayer Education in a research note on Friday, July 28th. Finally, BMO Capital Markets reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Strayer Education in a research note on Thursday, July 20th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $94.00.

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Strayer Education, Inc. (NASDAQ:STRA) opened at 82.00 on Friday. The company has a 50-day moving average price of $79.46 and a 200-day moving average price of $84.55. The stock has a market capitalization of $877.48 million, a price-to-earnings ratio of 25.47 and a beta of 0.92. Strayer Education, Inc. has a 12-month low of $44.63 and a 12-month high of $95.74.

Strayer Education (NASDAQ:STRA) last released its quarterly earnings data on Wednesday, July 26th. The health services provider reported $0.92 EPS for the quarter, topping analysts’ consensus estimates of $0.87 by $0.05. The business had revenue of $112.70 million during the quarter, compared to the consensus estimate of $113.68 million. Strayer Education had a return on equity of 17.65% and a net margin of 7.90%. The business’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.72 EPS. On average, equities research analysts forecast that Strayer Education, Inc. will post $3.33 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 18th. Investors of record on Tuesday, September 5th will be issued a $0.25 dividend. The ex-dividend date is Friday, September 1st. This represents a $1.00 annualized dividend and a yield of 1.22%. Strayer Education’s dividend payout ratio is currently 31.15%.

Strayer Education 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.

Institutional Ownership by Quarter for Strayer Education (NASDAQ:STRA)

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