Visa (V) Market Value Rose While Southpoint Capital Advisors LP Has Boosted by $14.88 Million Its Stake; As Strayer Education (STRA) Market Value Rose, Burgundy Asset Management LTD Boosted Its Stake

June 18, 2018 - By Adrian Mccoy

Strayer Education, Inc. (NASDAQ:STRA) Logo

Burgundy Asset Management Ltd increased its stake in Strayer Education Inc. (STRA) by 9.49% based on its latest 2018Q1 regulatory filing with the SEC. Burgundy Asset Management Ltd bought 45,831 shares as the company’s stock rose 16.40% while stock markets declined. The institutional investor held 528,973 shares of the consumer services company at the end of 2018Q1, valued at $53.45 million, up from 483,142 at the end of the previous reported quarter. Burgundy Asset Management Ltd who had been investing in Strayer Education Inc. for a number of months, seems to be bullish on the $1.18B market cap company. The stock decreased 0.93% or $1.02 during the last trading session, reaching $109.14. About 72,372 shares traded. Strayer Education, Inc. (NASDAQ:STRA) has risen 21.66% since June 18, 2017 and is uptrending. It has outperformed by 9.09% the S&P500. Some Historical STRA News: 21/04/2018 – DJ Strayer Education Inc, Inst Holders, 1Q 2018 (STRA); 27/04/2018 – The investor believes Strayer Education has a large growth opportunity in the corporate education market; 23/05/2018 – Queen Latifah Teams Up with Strayer University to Provide Students with Education and Coaching Built for the 21st Century Classroom; 02/05/2018 – Strayer Education 1Q Rev $116.5M; 02/05/2018 – Strayer Education Sees 2Q Total Enrollments Up 8%; 02/05/2018 – Capella Education And Strayer Continue to Expect That Merger Will Close in 3Q; 01/05/2018 – New Research Coverage Highlights ICF International, Strayer Education, Avid Technology, Fox Factory Holding, LegacyTexas Financ; 23/05/2018 – Queen Latifah Teams Up with Strayer University to Provide Students with Education and Coaching Built for the 21st Century; 15/05/2018 – Polar Asset Management Partners Buys 1.5% of Strayer Education; 27/04/2018 – ValueAct reveals bet on Strayer Education due to its A.I. investments

Rob Butts increased its stake in Visa Inc (V) by 23.81% based on its latest 2018Q1 regulatory filing with the SEC. Southpoint Capital Advisors Lp bought 125,000 shares as the company’s stock rose 5.37% while stock markets declined. The hedge fund run by Rob Butts held 650,000 shares of the business services company at the end of 2018Q1, valued at $77.75M, up from 525,000 at the end of the previous reported quarter. Southpoint Capital Advisors Lp who had been investing in Visa Inc for a number of months, seems to be bullish on the $302.60 billion market cap company. The stock increased 0.07% or $0.1 during the last trading session, reaching $135.1. About 10.04 million shares traded or 30.71% up from the average. Visa Inc. (NYSE:V) has risen 38.13% since June 18, 2017 and is uptrending. It has outperformed by 25.56% the S&P500. Some Historical V News: 25/04/2018 – KELLY: VISA BANK PARTNERS WANT TO ISSUE MORE CONTACTLESS CARDS; 10/05/2018 – H-2B Visa Demand Vastly Outstrips the Number Allowed By Law; 24/05/2018 – Retailers Met With FTC, Fed Over Concerns About Visa, Mastercard Plans; 06/03/2018 – REFILE-EXCLUSIVE-Visa waivers rarely granted under Trump’s latest U.S. travel ban -data; 24/05/2018 – Merchants Discussed Shared Payment Button Limiting Debit-Card Routing Options; 08/03/2018 – BBVA, Visa and ABN Amro join investment in German fintech group; 09/05/2018 – Visa CEO Alfred Kelly to Meet With Female Executives Thursday to Discuss Concerns; 24/04/2018 – Visa Bond Trading 2x Average; Clients Net Buyers; 17/05/2018 – Former CEO of Visa UK to Lead Crypto Startup; 28/03/2018 – Miscommunications at Work Impact the Bottom Line, Study Finds

Among 6 analysts covering Strayer Education Inc. (NASDAQ:STRA), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 50% are positive. Strayer Education Inc. had 14 analyst reports since October 29, 2015 according to SRatingsIntel. BMO Capital Markets maintained the shares of STRA in report on Monday, March 5 with “Outperform” rating. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, May 3. On Tuesday, October 31 the stock rating was maintained by BMO Capital Markets with “Outperform”. The stock has “Neutral” rating by Credit Suisse on Wednesday, February 3. The rating was upgraded by First Analysis to “Overweight” on Monday, March 5. The rating was maintained by Piper Jaffray with “Hold” on Monday, December 4. On Tuesday, April 10 the stock rating was maintained by BMO Capital Markets with “Buy”. BMO Capital Markets maintained Strayer Education, Inc. (NASDAQ:STRA) rating on Friday, September 15. BMO Capital Markets has “Buy” rating and $95.0 target. The rating was maintained by Piper Jaffray with “Hold” on Thursday, July 20. The company was maintained on Friday, March 2 by BMO Capital Markets.

Since March 5, 2018, it had 0 buys, and 6 insider sales for $7.65 million activity. The insider MCDONNELL RAYMOND KARL sold 18,313 shares worth $1.87M. $329,925 worth of Strayer Education, Inc. (NASDAQ:STRA) was sold by Jones Brian W. on Thursday, March 15. 19,097 shares valued at $1.78M were sold by JACKSON DANIEL WAYNE on Monday, March 5.

Investors sentiment decreased to 1.31 in 2018 Q1. Its down 0.16, from 1.47 in 2017Q4. It fall, as 13 investors sold STRA shares while 41 reduced holdings. 27 funds opened positions while 44 raised stakes. 11.05 million shares or 4.79% more from 10.55 million shares in 2017Q4 were reported. Louisiana State Employees Retirement Sys accumulated 0.02% or 4,700 shares. Invesco Ltd holds 0% or 19,664 shares in its portfolio. Dimensional Fund Advsrs Lp has invested 0.02% in Strayer Education, Inc. (NASDAQ:STRA). First Interstate Retail Bank owns 0% invested in Strayer Education, Inc. (NASDAQ:STRA) for 128 shares. Maryland-based Sandy Spring Bankshares has invested 0% in Strayer Education, Inc. (NASDAQ:STRA). Sei stated it has 18 shares. Bank & Trust Of America Corp De holds 27,070 shares or 0% of its portfolio. Pinebridge LP has 13,737 shares for 0.03% of their portfolio. Jacobs Levy Equity Management Incorporated holds 0% or 2,720 shares. Prudential Finance Inc holds 18,375 shares. Moreover, Wells Fargo Com Mn has 0% invested in Strayer Education, Inc. (NASDAQ:STRA) for 16,510 shares. Metropolitan Life Insurance Communication New York reported 3,460 shares or 0% of all its holdings. Northern stated it has 139,757 shares. Natl Bank Of Ny Mellon owns 176,846 shares for 0% of their portfolio. Poplar Forest Cap Limited Liability Com invested in 2,103 shares or 0.02% of the stock.

Burgundy Asset Management Ltd, which manages about $19.85B and $10.67 billion US Long portfolio, decreased its stake in Becton Dickinson & Co. (NYSE:BDX) by 18,261 shares to 780,344 shares, valued at $169.10M in 2018Q1, according to the filing. It also reduced its holding in Brookfield Asset Management Inc. (NYSE:BAM) by 41,668 shares in the quarter, leaving it with 5.43 million shares, and cut its stake in Kimberly Clark Corp. (NYSE:KMB).

Investors sentiment decreased to 0.88 in Q1 2018. Its down 0.17, from 1.05 in 2017Q4. It fall, as 41 investors sold V shares while 684 reduced holdings. 127 funds opened positions while 513 raised stakes. 1.57 billion shares or 2.35% less from 1.61 billion shares in 2017Q4 were reported. Lloyds Bk Grp Inc Public Limited Com reported 5,709 shares. Natl Pension stated it has 0.89% of its portfolio in Visa Inc. (NYSE:V). Hollencrest Mgmt reported 0.22% stake. Df Dent & Inc has invested 3.69% in Visa Inc. (NYSE:V). Foster Dykema Cabot Incorporated Ma, a Massachusetts-based fund reported 90,233 shares. Provise Mngmt Gru Ltd Liability Corporation holds 79,117 shares. Wagner Bowman Management holds 0.42% or 12,850 shares in its portfolio. Greystone Managed Investments reported 80,618 shares. Adell Harriman And Carpenter reported 0% of its portfolio in Visa Inc. (NYSE:V). Cambridge Research Advisors, Iowa-based fund reported 335,925 shares. Vigilant Capital Management Lc reported 0.03% in Visa Inc. (NYSE:V). Capstone Fin Advsr holds 3,096 shares. 10.79 million are owned by Clearbridge Investments Llc. Chilton Capital Management Limited Liability Company holds 1.27% or 106,418 shares in its portfolio. Moreover, Deltec Asset Management has 2.95% invested in Visa Inc. (NYSE:V).

Since February 14, 2018, it had 0 insider purchases, and 3 selling transactions for $6.34 million activity. 38,500 shares valued at $5.06M were sold by MCINERNEY RYAN on Thursday, May 10. Shares for $205,440 were sold by Biggar Lynne.

Southpoint Capital Advisors Lp, which manages about $2.99B and $2.26B US Long portfolio, decreased its stake in Broadcom Ltd by 75,000 shares to 350,000 shares, valued at $82.48 million in 2018Q1, according to the filing. It also reduced its holding in Leidos Hldgs Inc (NYSE:LDOS) by 713,096 shares in the quarter, leaving it with 1.99M shares, and cut its stake in Cars Com Inc.

Strayer Education, Inc. (NASDAQ:STRA) Institutional Positions Chart

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