Stratos Wealth Partners LTD. has sold 3,774 shares of Parsons Co. (NYSE:PSN) during the 2nd quarter, reducing its position to 5,721 shares worth $275,000 [62c132b4]. Other institutional investors have also modified their holdings of PSN. Parsons Co. has a market capitalization of $5.74 billion and a P/E ratio of 48.40. The company reported $0.56 earnings per share for the quarter, beating analysts' consensus estimates of $0.44. Analysts anticipate that Parsons Co. will post 2.04 earnings per share for the current year. Several analysts have given the stock a buy rating, with an average price target of $54.11. Parsons Corporation provides integrated solutions and services in the defense, intelligence, and critical infrastructure markets.[62c132b4]
Texas Permanent School Fund Corp has sold 253 shares of Strategic Education, Inc. (NASDAQ:STRA) during the 2nd quarter, reducing its holdings to 19,704 shares worth $1,337,000. Other institutional investors and hedge funds have also modified their holdings of the company. Strategic Education recently declared a quarterly dividend of $0.60 per share, to be paid on December 4th. Research analysts have issued various ratings and price targets for the stock, with a consensus rating of 'Moderate Buy' and an average target price of $94.00. Strategic Education, Inc. provides education services through campus-based and online post-secondary education programs.[a6f7ff6c]
Hodges Capital Management Inc. has sold 40,000 shares of Stratus Properties Inc. (NASDAQ:STRS) in the 3rd quarter, reducing its holdings by 27.3%. The institutional investor now owns 106,275 shares of the financial services provider's stock, worth $2,912,000 [3f52d21d]. Several other hedge funds and institutional investors have also made changes to their positions in STRS. TheStreet downgraded the stock from a 'c-' rating to a 'd+' rating. Stratus Properties stock is currently trading at $21.85, with a 52-week low of $18.55 and a 52-week high of $29.99. The company operates in the real estate sector and engages in the acquisition, development, management, and sale of commercial and residential properties in Texas.