Y Intercept Hong Kong Ltd Acquires 15,588 Shares of Strategic Education Inc. $STRA

Y Intercept Hong Kong Ltd lifted its holdings in shares of Strategic Education Inc. (NASDAQ:STRA) by 158.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 25,438 shares of the health services provider’s stock after purchasing an additional 15,588 shares during the period. Y Intercept Hong Kong Ltd owned 0.11% of Strategic Education worth $2,188,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. MSH Capital Advisors LLC grew its holdings in Strategic Education by 1.2% during the 2nd quarter. MSH Capital Advisors LLC now owns 11,314 shares of the health services provider’s stock worth $963,000 after acquiring an additional 137 shares during the last quarter. Assetmark Inc. grew its stake in shares of Strategic Education by 54.3% during the second quarter. Assetmark Inc. now owns 395 shares of the health services provider’s stock valued at $34,000 after purchasing an additional 139 shares during the last quarter. Osaic Holdings Inc. raised its position in Strategic Education by 85.2% in the 2nd quarter. Osaic Holdings Inc. now owns 387 shares of the health services provider’s stock worth $33,000 after purchasing an additional 178 shares during the last quarter. GAMMA Investing LLC raised its position in Strategic Education by 148.9% in the 2nd quarter. GAMMA Investing LLC now owns 331 shares of the health services provider’s stock worth $28,000 after purchasing an additional 198 shares during the last quarter. Finally, Ameritas Investment Partners Inc. lifted its holdings in Strategic Education by 9.3% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,460 shares of the health services provider’s stock worth $209,000 after buying an additional 210 shares in the last quarter. 93.27% of the stock is owned by institutional investors.

Strategic Education Stock Up 0.4%

Shares of NASDAQ STRA opened at $84.31 on Thursday. Strategic Education Inc. has a twelve month low of $72.25 and a twelve month high of $104.51. The company’s fifty day moving average is $81.25 and its 200-day moving average is $80.55. The stock has a market cap of $1.98 billion, a price-to-earnings ratio of 17.53, a P/E/G ratio of 0.86 and a beta of 0.57.

Strategic Education (NASDAQ:STRA) last posted its earnings results on Thursday, November 6th. The health services provider reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.30 by $0.33. Strategic Education had a return on equity of 8.18% and a net margin of 9.08%.The firm had revenue of $319.95 million for the quarter, compared to analyst estimates of $315.40 million. During the same period in the previous year, the company posted $1.16 earnings per share. The company’s revenue for the quarter was up 4.5% on a year-over-year basis. On average, research analysts anticipate that Strategic Education Inc. will post 4.79 EPS for the current fiscal year.

Strategic Education Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 8th. Investors of record on Monday, December 1st were paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Monday, December 1st. Strategic Education’s dividend payout ratio is presently 49.90%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Barrington Research reaffirmed an “outperform” rating and set a $105.00 price target on shares of Strategic Education in a research note on Monday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Strategic Education in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $99.33.

Strategic Education Company Profile

Strategic Education, Inc is a publicly traded higher education services holding company headquartered in Herndon, Virginia. Through its primary operating subsidiaries, Strayer University and Capella University, the company delivers degree programs and professional development opportunities to working adults. Its offerings span undergraduate and graduate degrees, certificates, continuing education, and workforce training in fields such as business, technology, health services, education, and public administration.

Strayer University, with a network of physical campuses across the United States complemented by an online platform, provides associate’s through doctoral degrees designed to accommodate non-traditional students.