Strategic Education, Inc. (NASDAQ:STRA) Shares Bought by Barclays PLC

Barclays PLC boosted its stake in shares of Strategic Education, Inc. (NASDAQ:STRA - Free Report) by 202.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 114,765 shares of the health services provider's stock after acquiring an additional 76,804 shares during the quarter. Barclays PLC owned about 0.47% of Strategic Education worth $10,720,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its stake in shares of Strategic Education by 76.7% during the third quarter. JPMorgan Chase & Co. now owns 399,144 shares of the health services provider's stock valued at $36,941,000 after buying an additional 173,225 shares during the last quarter. Norges Bank bought a new position in shares of Strategic Education during the fourth quarter valued at approximately $15,715,000. Arrowstreet Capital Limited Partnership grew its stake in shares of Strategic Education by 207.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 175,141 shares of the health services provider's stock valued at $16,362,000 after buying an additional 118,151 shares during the last quarter. Lightrock Netherlands B.V. purchased a new stake in shares of Strategic Education in the fourth quarter valued at approximately $4,625,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Strategic Education by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 2,793,685 shares of the health services provider's stock valued at $260,986,000 after purchasing an additional 45,421 shares during the period. 93.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Truist Financial set a $105.00 price target on Strategic Education in a report on Thursday. Barrington Research reiterated an "outperform" rating and issued a $120.00 target price on shares of Strategic Education in a research note on Tuesday, April 15th. StockNews.com upgraded Strategic Education from a "hold" rating to a "buy" rating in a research note on Friday. Finally, BMO Capital Markets lifted their target price on Strategic Education from $97.00 to $98.00 and gave the company an "outperform" rating in a research note on Monday.

Insider Transactions at Strategic Education

In related news, CFO Daniel Wayne Jackson sold 6,025 shares of the company's stock in a transaction that occurred 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Raymond Karl Mcdonnell sold 31,855 shares of the company's stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $97.83, for a total value of $3,116,374.65. Following the completion of the sale, the chief executive officer now owns 140,281 shares in the company, valued at approximately $13,723,690.23. This represents a 18.51 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 40,826 shares of company stock worth $3,945,093. Insiders own 3.30% of the company's stock.

Strategic Education Trading Down 0.7 %

Shares of STRA stock traded down $0.53 during trading hours on Monday, reaching $80.40. 193,629 shares of the company's stock were exchanged, compared to its average volume of 152,365. Strategic Education, Inc. has a 1 year low of $74.28 and a 1 year high of $123.62. The stock has a market cap of $1.98 billion, a PE ratio of 15.31, a PEG ratio of 1.22 and a beta of 0.58. The stock's fifty day moving average price is $82.84 and its two-hundred day moving average price is $91.06.

Strategic Education (NASDAQ:STRA - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The health services provider reported $1.30 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.29. Strategic Education had a return on equity of 7.61% and a net margin of 10.44%. The business had revenue of $303.59 million for the quarter, compared to analyst estimates of $300.67 million. During the same quarter in the previous year, the firm earned $1.11 earnings per share. The company's revenue was up 4.6% on a year-over-year basis. On average, equities analysts expect that Strategic Education, Inc. will post 4.79 EPS for the current fiscal year.

Strategic Education Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Friday, May 23rd will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.99%. Strategic Education's payout ratio is 51.28%.

Strategic Education Company Profile

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.