Dimensional Fund Advisors LP grew its stake in shares of Strayer Education Inc (NASDAQ:STRA) by 0.4% in the 3rd quarter, Holdings Channel reports. The fund owned 442,903 shares of the health services provider’s stock after purchasing an additional 1,786 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Strayer Education were worth $38,653,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. Wells Fargo & Company MN lifted its position in Strayer Education by 38.5% during the third quarter. Wells Fargo & Company MN now owns 13,354 shares of the health services provider’s stock worth $1,165,000 after acquiring an additional 3,715 shares during the last quarter. Citadel Advisors LLC lifted its position in Strayer Education by 10.1% during the third quarter. Citadel Advisors LLC now owns 37,785 shares of the health services provider’s stock worth $3,297,000 after acquiring an additional 3,465 shares during the last quarter. Schroder Investment Management Group lifted its position in Strayer Education by 6.9% during the third quarter. Schroder Investment Management Group now owns 64,736 shares of the health services provider’s stock worth $5,730,000 after acquiring an additional 4,178 shares during the last quarter. TimesSquare Capital Management LLC lifted its position in Strayer Education by 13.3% during the third quarter. TimesSquare Capital Management LLC now owns 261,205 shares of the health services provider’s stock worth $22,795,000 after acquiring an additional 30,755 shares during the last quarter. Finally, D.A. Davidson & CO. lifted its position in Strayer Education by 2.8% during the third quarter. D.A. Davidson & CO. now owns 20,388 shares of the health services provider’s stock worth $1,779,000 after acquiring an additional 560 shares during the last quarter. Hedge funds and other institutional investors own 93.73% of the company’s stock.

Shares of Strayer Education Inc (NASDAQ STRA) opened at $92.49 on Friday. Strayer Education Inc has a 1 year low of $71.31 and a 1 year high of $100.72. The firm has a market cap of $1,020.00, a P/E ratio of 26.43 and a beta of 0.90.

Strayer Education (NASDAQ:STRA) last released its quarterly earnings results on Monday, October 30th. The health services provider reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.05). Strayer Education had a net margin of 5.74% and a return on equity of 11.76%. The business had revenue of $108.50 million during the quarter, compared to analyst estimates of $107.54 million. During the same quarter in the previous year, the firm posted $0.25 earnings per share. The firm’s quarterly revenue was up 6.2% on a year-over-year basis. equities research analysts expect that Strayer Education Inc will post 3.35 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, December 18th. Stockholders of record on Monday, December 4th were given a $0.25 dividend. The ex-dividend date of this dividend was Friday, December 1st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.08%. Strayer Education’s payout ratio is 28.57%.

Several equities research analysts have issued reports on STRA shares. Zacks Investment Research upgraded shares of Strayer Education from a “sell” rating to a “buy” rating and set a $94.00 price objective for the company in a research report on Tuesday, September 26th. BidaskClub downgraded shares of Strayer Education from a “buy” rating to a “hold” rating in a research report on Tuesday, December 5th. Piper Jaffray Companies restated a “hold” rating and set a $96.00 price objective on shares of Strayer Education in a research report on Monday, December 4th. ValuEngine downgraded shares of Strayer Education from a “buy” rating to a “hold” rating in a research report on Friday, December 1st. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $118.00 price target (up from $99.00) on shares of Strayer Education in a research report on Tuesday, October 31st. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Strayer Education presently has an average rating of “Hold” and a consensus target price of $102.25.

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

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