3,488 Shares in Strategic Education, Inc. (NASDAQ:STRA) Bought by GSA Capital Partners LLP

GSA Capital Partners LLP acquired a new position in shares of Strategic Education, Inc. (NASDAQ:STRA) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,488 shares of the health services provider’s stock, valued at approximately $323,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of STRA. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Strategic Education during the 2nd quarter worth $36,000. Meeder Asset Management Inc. purchased a new position in Strategic Education during the 2nd quarter worth $36,000. CWM LLC grew its position in Strategic Education by 2,650.0% during the 2nd quarter. CWM LLC now owns 330 shares of the health services provider’s stock worth $37,000 after purchasing an additional 318 shares during the last quarter. Innealta Capital LLC purchased a new position in Strategic Education during the 2nd quarter worth $38,000. Finally, Rothschild Investment LLC purchased a new position in Strategic Education during the 2nd quarter worth $38,000. 93.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

STRA has been the topic of several research reports. Barrington Research reissued an “outperform” rating and set a $135.00 price objective on shares of Strategic Education in a research report on Thursday, November 7th. BMO Capital Markets lowered their target price on shares of Strategic Education from $130.00 to $125.00 and set an “outperform” rating on the stock in a report on Thursday, August 1st. StockNews.com downgraded shares of Strategic Education from a “buy” rating to a “hold” rating in a report on Saturday, October 5th. Finally, Truist Financial lowered their target price on shares of Strategic Education from $145.00 to $120.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $126.00.

Strategic Education Stock Up 2.8 %

Shares of NASDAQ:STRA opened at $99.40 on Friday. The company has a market cap of $2.44 billion, a price-to-earnings ratio of 18.93, a PEG ratio of 1.33 and a beta of 0.57. The firm’s 50-day simple moving average is $91.32 and its 200-day simple moving average is $101.84. Strategic Education, Inc. has a fifty-two week low of $85.11 and a fifty-two week high of $123.62.

Strategic Education (NASDAQ:STRA) last released its quarterly earnings data on Thursday, November 7th. The health services provider reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $0.81 by $0.35. The firm had revenue of $305.96 million for the quarter, compared to the consensus estimate of $301.62 million. Strategic Education had a net margin of 10.44% and a return on equity of 7.61%. The firm’s revenue was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.97 earnings per share. On average, research analysts forecast that Strategic Education, Inc. will post 4.76 EPS for the current year.

Strategic Education Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 9th. Investors of record on Monday, December 2nd will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.41%. The ex-dividend date of this dividend is Monday, December 2nd. Strategic Education’s dividend payout ratio is currently 45.71%.

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.