Squarepoint Ops LLC Has $1.96 Million Stock Holdings in Strategic Education, Inc. (NASDAQ:STRA)

Squarepoint Ops LLC lessened its stake in shares of Strategic Education, Inc. (NASDAQ:STRA - Free Report) by 26.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,940 shares of the health services provider's stock after selling 7,518 shares during the period. Squarepoint Ops LLC owned about 0.09% of Strategic Education worth $1,956,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also bought and sold shares of STRA. Norges Bank bought a new stake in Strategic Education during the fourth quarter worth about $15,715,000. Arrowstreet Capital Limited Partnership raised its holdings in 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 worth $16,362,000 after acquiring an additional 118,151 shares in the last quarter. Barclays PLC raised its holdings in Strategic Education by 202.3% during the fourth quarter. Barclays PLC now owns 114,765 shares of the health services provider's stock worth $10,720,000 after acquiring an additional 76,804 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. raised its holdings in Strategic Education by 12.9% during the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 618,286 shares of the health services provider's stock worth $57,760,000 after acquiring an additional 70,743 shares in the last quarter. Finally, Lightrock Netherlands B.V. bought a new stake in Strategic Education during the fourth quarter worth about $4,625,000. Institutional investors own 93.27% of the company's stock.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Wall Street Zen upgraded Strategic Education from a "hold" rating to a "buy" rating in a report on Friday, April 25th. BMO Capital Markets upped their price objective on Strategic Education from $97.00 to $98.00 and gave the company an "outperform" rating in a research note on Monday, April 28th. Truist Financial set a $105.00 price objective on Strategic Education in a research note on Thursday, April 24th. Finally, Barrington Research restated an "outperform" rating and issued a $120.00 price objective on shares of Strategic Education in a research note on Tuesday, April 15th.

Insider Transactions at Strategic Education

In related news, General Counsel Lizette Benedi Herraiz sold 1,452 shares of the stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $82.21, for a total transaction of $119,368.92. Following the sale, the general counsel now owns 61,716 shares of the company's stock, valued at $5,073,672.36. This represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Robert R. Grusky sold 1,494 shares of the stock in a transaction that occurred on Friday, April 25th. The stock was sold at an average price of $80.27, for a total value of $119,923.38. Following the sale, the director now directly owns 11,349 shares in the company, valued at $910,984.23. This represents a 11.63% decrease in their position. The disclosure for this sale can be found here. 3.30% of the stock is owned by corporate insiders.

Strategic Education Trading Up 1.1%

NASDAQ:STRA traded up $1.02 on Friday, hitting $91.24. The company's stock had a trading volume of 146,895 shares, compared to its average volume of 155,747. The stock has a fifty day moving average of $84.11 and a two-hundred day moving average of $90.71. The firm has a market capitalization of $2.20 billion, a P/E ratio of 17.38, a price-to-earnings-growth ratio of 1.22 and a beta of 0.52. Strategic Education, Inc. has a one year low of $74.28 and a one year high of $121.60.

Strategic Education (NASDAQ:STRA - Get Free Report) last announced its 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. The company had revenue of $303.59 million for the quarter, compared to analyst estimates of $300.67 million. Strategic Education had a return on equity of 7.61% and a net margin of 10.44%. The firm's quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter last year, the company earned $1.11 earnings per share. As a group, sell-side analysts anticipate that Strategic Education, Inc. will post 4.79 EPS for the current year.

Strategic Education Dividend Announcement

The company also recently announced 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 is Friday, May 23rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.63%. Strategic Education's dividend payout ratio (DPR) is currently 51.28%.

Strategic Education 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.