2 weeks Ago By Defense World Staff
Bank of Montreal Can grew its holdings in shares of Strategic Education, Inc. (NASDAQ:STRA – Free Report) by 7.5% in the fourth quarter, according to its most recent filing with the SEC.
The firm owned 3,542 shares of the health services provider’s stock after acquiring an additional 246 shares during the quarter. Bank of Montreal Can’s holdings in Strategic Education were worth $331,000 as of its most recent SEC filing. Other institutional investors have also bought and sold shares of the company.
HighTower Advisors LLC raised its holdings in shares of Strategic Education by 9.8% during the third quarter. HighTower Advisors LLC now owns 2,448 shares of the health services provider’s stock valued at $228,000 after acquiring an additional 218 shares during the period.
Barclays PLC boosted its stake in Strategic Education by 334.3% in the 3rd quarter. Barclays PLC now owns 37,961 shares of the health services provider’s stock valued at $3,513,000 after buying an additional 29,220 shares in the last quarter.
Virtu Financial LLC bought a new stake in shares of Strategic Education during the third quarter worth $206,000. SkyView Investment Advisors LLC raised its position in Strategic Education by 4.3% in the 3rd quarter.
SkyView Investment Advisors LLC now owns 8,907 shares of the health services provider’s stock worth $824,000 after purchasing an additional 364 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Strategic Education during the third quarter worth $37,000. Institutional investors and hedge funds own 93.
27% of the company’s stock. Strategic Education Price PerformanceShares of NASDAQ:STRA opened at $80.17 on Thursday.
Strategic Education, Inc. has a 1 year low of $74.28 and a 1 year high of $123.
62. The stock has a market capitalization of $1.98 billion, a price-to-earnings ratio of 15.
27, a price-to-earnings-growth ratio of 1.22 and a beta of 0.58.
The company’s 50 day simple moving average is $84.17 and its 200 day simple moving average is $91.15.
Strategic Education (NASDAQ:STRA – Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The health services provider reported $1.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.
37 by ($0.10). Strategic Education had a net margin of 10.
44% and a return on equity of 7.61%. The business had revenue of $311.
46 million during the quarter, compared to the consensus estimate of $315.18 million. As a group, analysts anticipate that Strategic Education, Inc.
will post 4.79 EPS for the current fiscal year. Strategic Education Dividend AnnouncementThe business also recently declared a quarterly dividend, which was paid on Monday, March 17th.
Stockholders of record on Monday, March 10th were paid a $0.60 dividend. The ex-dividend date of this dividend was Monday, March 10th.
This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.99%.
Strategic Education’s payout ratio is currently 51.39%. Analyst Ratings ChangesA number of research firms have recently issued reports on STRA.
StockNews.com downgraded shares of Strategic Education from a “buy” rating to a “hold” rating in a report on Thursday, March 6th. Barrington Research reiterated an “outperform” rating and set a $120.
00 target price on shares of Strategic Education in a research report on Tuesday, April 15th. Finally, BMO Capital Markets decreased their price target on Strategic Education from $114.00 to $97.
00 and set an “outperform” rating on the stock in a research report on Monday, March 3rd.Get Our Latest Stock Analysis on Strategic EducationInsider Activity at Strategic EducationIn other news, General Counsel Lizette Benedi Herraiz sold 1,452 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $82.
21, for a total value of $119,368.92. Following the completion of the transaction, the general counsel now directly owns 61,716 shares in the company, valued at approximately $5,073,672.
36. This represents a 2.30 % decrease in their position.
The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Daniel Wayne Jackson sold 6,025 shares of the business’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $97.
83, for a total value of $589,425.75. Following the sale, the chief financial officer now owns 81,756 shares in the company, valued at $7,998,189.
48. This represents a 6.86 % decrease in their position.
The disclosure for this sale can be found here. In the last three months, insiders have sold 39,332 shares of company stock valued at $3,825,169. 3.
30% of the stock is owned by insiders. About Strategic Education (Free Report)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.
Further ReadingFive stocks we like better than Strategic EducationConsumer Staples Stocks, ExplainedCan IBM’s Q1 Earnings Spark a Breakout for the Stock?Breakout Stocks: What They Are and How to Identify ThemS&P 500 and Nasdaq-100 Flashed Death Crosses—Should You Worry?Investing in the High PE Growth Stocks Fundamentally Sound, These 5 Stocks Sold Off AnywayWant to see what other hedge funds are holding STRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Strategic Education, Inc. (NASDAQ:STRA – Free Report).
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