Brokerages Set Strategic Education, Inc. (NASDAQ:STRA) Target Price at $133.50

Shares of Strategic Education, Inc. (NASDAQ:STRAGet Free Report) have been given an average recommendation of “Buy” by the four analysts that are covering the stock, MarketBeat reports. Four research analysts have rated the stock with a buy rating. The average 12-month price target among brokers that have covered the stock in the last year is $133.50.

Several equities analysts have weighed in on the stock. StockNews.com raised shares of Strategic Education from a “hold” rating to a “buy” rating in a report on Friday, April 26th. Truist Financial increased their price target on Strategic Education from $125.00 to $145.00 and gave the stock a “buy” rating in a research note on Friday, April 26th. Barrington Research boosted their price objective on Strategic Education from $125.00 to $135.00 and gave the company an “outperform” rating in a research report on Thursday, April 25th. BMO Capital Markets increased their target price on Strategic Education from $123.00 to $130.00 and gave the stock an “outperform” rating in a research report on Monday, April 29th. Finally, TheStreet raised Strategic Education from a “c+” rating to a “b” rating in a report on Thursday, February 29th.

Get Our Latest Research Report on STRA

Insider Buying and Selling

In other Strategic Education news, Director Robert R. Grusky sold 350 shares of Strategic Education stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $122.50, for a total value of $42,875.00. Following the sale, the director now owns 11,345 shares of the company’s stock, valued at approximately $1,389,762.50. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other Strategic Education news, Director Robert R. Grusky sold 350 shares of the stock in a transaction on Monday, May 6th. The shares were sold at an average price of $122.50, for a total transaction of $42,875.00. Following the completion of the transaction, the director now owns 11,345 shares in the company, valued at $1,389,762.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert R. Grusky sold 250 shares of Strategic Education stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $118.55, for a total transaction of $29,637.50. Following the completion of the transaction, the director now directly owns 11,695 shares of the company’s stock, valued at $1,386,442.25. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,062 shares of company stock worth $128,410. Corporate insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On Strategic Education

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Envestnet Asset Management Inc. boosted its holdings in shares of Strategic Education by 155.7% in the 3rd quarter. Envestnet Asset Management Inc. now owns 396,049 shares of the health services provider’s stock worth $29,803,000 after purchasing an additional 241,168 shares during the period. International Assets Investment Management LLC boosted its stake in Strategic Education by 6,377.0% during the fourth quarter. International Assets Investment Management LLC now owns 178,182 shares of the health services provider’s stock worth $16,459,000 after buying an additional 175,431 shares during the period. Norges Bank bought a new position in Strategic Education during the fourth quarter valued at $13,511,000. Goldman Sachs Group Inc. raised its stake in shares of Strategic Education by 103.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 253,390 shares of the health services provider’s stock valued at $23,406,000 after acquiring an additional 128,961 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Strategic Education by 5.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,334,695 shares of the health services provider’s stock worth $123,287,000 after acquiring an additional 65,507 shares during the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Strategic Education Trading Up 1.3 %

NASDAQ:STRA opened at $109.52 on Tuesday. Strategic Education has a one year low of $64.53 and a one year high of $123.62. The business has a fifty day moving average price of $111.84 and a 200-day moving average price of $101.90. The firm has a market capitalization of $2.70 billion, a price-to-earnings ratio of 25.95, a price-to-earnings-growth ratio of 1.05 and a beta of 0.57. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.49 and a quick ratio of 1.49.

Strategic Education (NASDAQ:STRAGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The health services provider reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.51. Strategic Education had a return on equity of 6.78% and a net margin of 8.70%. The business had revenue of $290.25 million during the quarter, compared to analysts’ expectations of $274.02 million. Sell-side analysts forecast that Strategic Education will post 4.96 EPS for the current year.

Strategic Education Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Friday, May 24th were issued a $0.60 dividend. The ex-dividend date was Thursday, May 23rd. This represents a $2.40 annualized dividend and a dividend yield of 2.19%. Strategic Education’s dividend payout ratio (DPR) is 56.87%.

About Strategic Education

(Get 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.

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