Amundi Pioneer Asset Management Inc. acquired a new stake in shares of Strategic Education Inc (NASDAQ:STRA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,800 shares of the health services provider’s stock, valued at approximately $204,000.

A number of other institutional investors have also recently made changes to their positions in STRA. Vanguard Group Inc lifted its position in Strategic Education by 100.5% during the third quarter. Vanguard Group Inc now owns 2,184,052 shares of the health services provider’s stock valued at $299,280,000 after buying an additional 1,094,853 shares during the period. Vanguard Group Inc. raised its position in shares of Strategic Education by 100.5% in the 3rd quarter. Vanguard Group Inc. now owns 2,184,052 shares of the health services provider’s stock worth $299,280,000 after purchasing an additional 1,094,853 shares during the last quarter. Victory Capital Management Inc. purchased a new position in shares of Strategic Education in the 4th quarter worth about $38,027,000. Capital World Investors raised its position in shares of Strategic Education by 22.9% in the 3rd quarter. Capital World Investors now owns 1,068,970 shares of the health services provider’s stock worth $146,481,000 after purchasing an additional 198,995 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Strategic Education by 100.1% in the 3rd quarter. Bank of New York Mellon Corp now owns 354,648 shares of the health services provider’s stock worth $48,597,000 after purchasing an additional 177,410 shares during the last quarter. 98.93% of the stock is owned by institutional investors and hedge funds.

In other Strategic Education news, insider J Kevin Gilligan sold 7,500 shares of the business’s stock in a transaction dated Monday, April 8th. The stock was sold at an average price of $138.74, for a total value of $1,040,550.00. Following the completion of the transaction, the insider now owns 58,250 shares of the company’s stock, valued at approximately $8,081,605. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Daniel Wayne Jackson sold 5,418 shares of the business’s stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $142.68, for a total value of $773,040.24. Following the completion of the transaction, the chief financial officer now directly owns 47,497 shares of the company’s stock, valued at approximately $6,776,871.96. The disclosure for this sale can be found here. In the last ninety days, insiders sold 32,563 shares of company stock valued at $4,434,025. 3.60% of the stock is owned by insiders.

STRA opened at $141.37 on Thursday. The stock has a market capitalization of $3.06 billion, a PE ratio of 29.76, a P/E/G ratio of 1.54 and a beta of 0.99. Strategic Education Inc has a 1 year low of $97.18 and a 1 year high of $154.89.

Strategic Education (NASDAQ:STRA) last posted its quarterly earnings results on Friday, March 1st. The health services provider reported $1.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.05. The firm had revenue of $242.10 million during the quarter, compared to analyst estimates of $238.39 million. Strategic Education had a positive return on equity of 9.17% and a negative net margin of 2.47%. Strategic Education’s quarterly revenue was up 103.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.09 EPS. As a group, research analysts expect that Strategic Education Inc will post 6.04 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Monday, March 18th. Stockholders of record on Monday, March 4th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 1.41%. The ex-dividend date of this dividend was Friday, March 1st. Strategic Education’s dividend payout ratio is presently 42.11%.

Several equities analysts have recently issued reports on the company. Zacks Investment Research lowered Strategic Education from a “buy” rating to a “hold” rating in a research report on Wednesday, February 13th. BidaskClub raised Strategic Education from a “sell” rating to a “hold” rating in a research report on Friday, April 5th. ValuEngine lowered Strategic Education from a “buy” rating to a “hold” rating in a research report on Monday, January 7th. Finally, BMO Capital Markets lifted their price target on Strategic Education from $131.00 to $162.00 and gave the stock an “outperform” rating in a research report on Monday, March 4th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $161.25.

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Strategic Education Profile

Strategic Education, Inc, through its subsidiaries, provides a range of post-secondary education and other academic programs in the United States. The company operates Strayer University and Capella University that provide undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, nursing, public administration, and criminal justice to working adult students through its 74 physical campuses primarily located in the Mid-Atlantic and Southern regions, as well as through online.

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Institutional Ownership by Quarter for Strategic Education (NASDAQ:STRA)

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