Strategic Education, Inc. (NASDAQ:STRA) Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System lessened its stake in shares of Strategic Education, Inc. (NASDAQ:STRA) by 14.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 32,455 shares of the health services provider’s stock after selling 5,375 shares during the period. New York State Teachers Retirement System owned about 0.13% of Strategic Education worth $3,032,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of STRA. Wilmington Savings Fund Society FSB acquired a new stake in shares of Strategic Education during the 3rd quarter valued at $37,000. R Squared Ltd purchased a new stake in shares of Strategic Education in the fourth quarter valued at $42,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Strategic Education in the third quarter valued at $55,000. Pacer Advisors Inc. purchased a new stake in shares of Strategic Education in the fourth quarter valued at $96,000. Finally, KBC Group NV lifted its holdings in shares of Strategic Education by 53.3% in the fourth quarter. KBC Group NV now owns 1,044 shares of the health services provider’s stock valued at $98,000 after purchasing an additional 363 shares in the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.

Strategic Education Trading Down 1.7 %

NASDAQ STRA opened at $101.72 on Friday. Strategic Education, Inc. has a 1-year low of $85.11 and a 1-year high of $123.62. The company has a market capitalization of $2.50 billion, a PE ratio of 19.38, a price-to-earnings-growth ratio of 1.21 and a beta of 0.59. The firm’s fifty day simple moving average is $96.94 and its 200-day simple moving average is $94.83.

Strategic Education Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Monday, December 2nd were paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.36%. The ex-dividend date was Monday, December 2nd. Strategic Education’s dividend payout ratio (DPR) is presently 45.71%.

Wall Street Analyst Weigh In

Separately, Barrington Research restated an “outperform” rating and issued a $135.00 target price on shares of Strategic Education in a report on Tuesday, January 21st. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, Strategic Education presently has an average rating of “Moderate Buy” and a consensus target price of $126.00.

Strategic Education Company Profile

Strategic Education, Inc, through its subsidiaries, provides education services through campus-based and online post-secondary education, and programs to develop job-ready skills. The company operates through U.S. Higher Education, Australia/New Zealand, and Education Technology Services segments. It operates Strayer University that offers undergraduate and graduate degree programs in business, criminal justice, education, health services, information technology, and public administration at physical campuses located in the eastern United States, as well as through online; non-degree web and mobile application development courses through Hackbright Academy and Devmountain; and MBA online through its Jack Welch Management Institute.