Quaker Capital Investments buys $5,342,380 stake in Strayer Education Inc (STRA)

Strayer Education Inc (STRA) : Quaker Capital Investments scooped up 37,583 additional shares in Strayer Education Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 12, 2016. The investment management firm now holds a total of 113,258 shares of Strayer Education Inc which is valued at $5,342,380.Strayer Education Inc makes up approximately 2.00% of Quaker Capital Investments’s portfolio.

Other Hedge Funds, Including , Renaissance Technologies boosted its stake in STRA in the latest quarter, The investment management firm added 46,300 additional shares and now holds a total of 277,900 shares of Strayer Education Inc which is valued at $13,108,543. Strayer Education Inc makes up approx 0.02% of Renaissance Technologies’s portfolio.Pinebridge Investments boosted its stake in STRA in the latest quarter, The investment management firm added 118 additional shares and now holds a total of 1,414 shares of Strayer Education Inc which is valued at $66,698.Texas Permanent School Fund reduced its stake in STRA by selling 298 shares or 3.38% in the most recent quarter. The Hedge Fund company now holds 8,529 shares of STRA which is valued at $402,313. Strayer Education Inc makes up approx 0.01% of Texas Permanent School Fund’s portfolio.Dimensional Fund Advisors Lp boosted its stake in STRA in the latest quarter, The investment management firm added 17,612 additional shares and now holds a total of 403,681 shares of Strayer Education Inc which is valued at $19,162,737. Strayer Education Inc makes up approx 0.01% of Dimensional Fund Advisors Lp’s portfolio.Gsa Capital Partners Llp boosted its stake in STRA in the latest quarter, The investment management firm added 25,149 additional shares and now holds a total of 62,880 shares of Strayer Education Inc which is valued at $2,969,194. Strayer Education Inc makes up approx 0.15% of Gsa Capital Partners Llp’s portfolio.

Strayer Education Inc closed down -0.63 points or -1.25% at $49.6 with 73,070 shares getting traded on Monday. Post opening the session at $50.64, the shares hit an intraday low of $49.52 and an intraday high of $50.68 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

On the company’s financial health, Strayer Education Inc reported $0.72 EPS for the quarter, missing the analyst consensus estimate by $ -0.34 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $1.06. The company had revenue of $108.50 million for the quarter, compared to analysts expectations of $109.18 million. The company’s revenue was down -1.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.11 EPS.

Strayer Education Inc. is an education services holding company that provides post-secondary education services. The Company offers a range of academic programs through its subsidiary Strayer University Inc. (the University). 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. The University also offers an executive Master of Business Administration online through its Jack Welch Management Institute. The University’s students can take classes online using either a synchronous (real time) or asynchronous (on demand) format. Its subsidiary New York Code and Design Academy is a provider of non-degree Website and mobile application development courses.

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