Strategic Education, Inc. (NASDAQ:STRA) Given Consensus Rating of “Buy” by Brokerages

Strategic Education, Inc. (NASDAQ:STRA) has received an average recommendation of “Buy” from the four research firms that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a buy recommendation. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $126.00.

Separately, Barrington Research reiterated an “outperform” rating and set a $135.00 price objective on shares of Strategic Education in a report on Tuesday, January 21st.

Institutional Trading of Strategic Education

Several large investors have recently bought and sold shares of the company. Jane Street Group LLC grew its position in shares of Strategic Education by 72.1% during the fourth quarter. Jane Street Group LLC now owns 30,989 shares of the health services provider’s stock worth $2,895,000 after buying an additional 12,983 shares in the last quarter. AQR Capital Management LLC grew its position in shares of Strategic Education by 4.8% during the fourth quarter. AQR Capital Management LLC now owns 99,974 shares of the health services provider’s stock worth $9,317,000 after buying an additional 4,601 shares in the last quarter. Northern Trust Corp grew its position in shares of Strategic Education by 11.3% during the fourth quarter. Northern Trust Corp now owns 259,971 shares of the health services provider’s stock worth $24,286,000 after buying an additional 26,374 shares in the last quarter. Marshfield Associates grew its position in shares of Strategic Education by 0.4% during the fourth quarter. Marshfield Associates now owns 1,836,491 shares of the health services provider’s stock worth $171,565,000 after buying an additional 6,869 shares in the last quarter. Finally, Aquatic Capital Management LLC grew its position in shares of Strategic Education by 51.2% during the fourth quarter. Aquatic Capital Management LLC now owns 11,041 shares of the health services provider’s stock worth $1,031,000 after buying an additional 3,741 shares in the last quarter. Institutional investors and hedge funds own 93.27% of the company’s stock.

Strategic Education Price Performance

NASDAQ:STRA opened at $102.38 on Friday. The firm has a market cap of $2.52 billion, a price-to-earnings ratio of 19.50, a price-to-earnings-growth ratio of 1.19 and a beta of 0.59. Strategic Education has a 1-year low of $85.11 and a 1-year high of $123.62. The firm’s fifty day moving average price is $96.62 and its 200 day moving average price is $94.64.

Strategic Education Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 9th. Investors of record on Monday, December 2nd were issued a $0.60 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.40 annualized dividend and a yield of 2.34%. Strategic Education’s payout ratio is 45.71%.

About Strategic Education

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.