Quaker Capital Investments adds Strayer Education Inc (STRA) to its portfolio

Strayer Education Inc (STRA) : Quaker Capital Investments added new position in Strayer Education Inc during the most recent quarter end. The investment management firm now holds 75,675 shares of Strayer Education Inc which is valued at $3.4 Million , the company said in a statement filed on May 13, 2016 with the SEC.Strayer Education Inc makes up approximately 1.42% of Quaker Capital Investments’s portfolio.

Other Hedge Funds, Including , Dimensional Fund Advisors Lp boosted its stake in STRA in the latest quarter, The investment management firm added 60,314 additional shares and now holds a total of 386,069 shares of Strayer Education Inc which is valued at $17.3 Million. Strayer Education Inc makes up approx 0.01% of Dimensional Fund Advisors Lp’s portfolio.Blackrock Institutional Trust Company N.a. boosted its stake in STRA in the latest quarter, The investment management firm added 2,507 additional shares and now holds a total of 283,333 shares of Strayer Education Inc which is valued at $12.7 Million. Nine Chapters Capital Management added STRA to its portfolio by purchasing 6,500 company shares during the most recent quarter which is valued at $290,485. Strayer Education Inc makes up approx 0.03% of Nine Chapters Capital Management’s portfolio.Oxford Asset Management reduced its stake in STRA by selling 5,900 shares or 6.86% in the most recent quarter. The Hedge Fund company now holds 80,083 shares of STRA which is valued at $3.6 Million. Strayer Education Inc makes up approx 0.13% of Oxford Asset Management’s portfolio. Diam Ltd. added STRA to its portfolio by purchasing 10,705 company shares during the most recent quarter which is valued at $489,433. Strayer Education Inc makes up approx 0.01% of Diam Ltd.’s portfolio.

Strayer Education Inc closed down -1.53 points or -3.22% at $45.92 with 1,37,054 shares getting traded on Wednesday. Post opening the session at $47.68, the shares hit an intraday low of $45.51 and an intraday high of $47.68 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.

On the company’s financial health, Strayer Education Inc reported $1.06 EPS for the quarter, beating the analyst consensus estimate by $ 0.06 according to the earnings call on May 4, 2016. Analyst had a consensus of $1.00. The company had revenue of $111.20 million for the quarter, compared to analysts expectations of $111.26 million. The company’s revenue was down -.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.05 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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