UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Stock Holdings in Strategic Education, Inc. (NASDAQ:STRA)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Strategic Education, Inc. (NASDAQ:STRA - Free Report) by 19.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 48,459 shares of the health services provider's stock after acquiring an additional 7,926 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.20% of Strategic Education worth $4,527,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Vanguard Group Inc. boosted its position in 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 buying an additional 45,421 shares during the last quarter. Marshfield Associates boosted its position in Strategic Education by 0.4% in the fourth quarter. Marshfield Associates now owns 1,836,491 shares of the health services provider's stock valued at $171,565,000 after buying an additional 6,869 shares during the last quarter. Van Lanschot Kempen Investment Management N.V. lifted its holdings in Strategic Education by 12.9% in the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 618,286 shares of the health services provider's stock valued at $57,760,000 after acquiring an additional 70,743 shares during the period. Royal Bank of Canada lifted its holdings in Strategic Education by 6.2% in the fourth quarter. Royal Bank of Canada now owns 589,053 shares of the health services provider's stock valued at $55,029,000 after acquiring an additional 34,608 shares during the period. Finally, Envestnet Asset Management Inc. lifted its holdings in Strategic Education by 4.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 397,265 shares of the health services provider's stock valued at $37,113,000 after acquiring an additional 15,638 shares during the period. Hedge funds and other institutional investors own 93.27% of the company's stock.

Wall Street Analysts Forecast Growth

STRA has been the subject of a number of analyst reports. Barrington Research reissued an "outperform" rating and issued a $120.00 price target on shares of Strategic Education in a report on Tuesday, April 15th. Wall Street Zen raised Strategic Education from a "hold" rating to a "buy" rating in a report on Friday, April 25th. Truist Financial set a $105.00 price target on Strategic Education in a report on Thursday, April 24th. Finally, BMO Capital Markets boosted their price target on Strategic Education from $97.00 to $98.00 and gave the company an "outperform" rating in a report on Monday, April 28th.

Insider Buying and Selling at Strategic Education

In other news, Director Michael A. Mcrobbie purchased 600 shares of the business's stock in a transaction on Monday, March 10th. The shares were bought at an average price of $81.80 per share, with a total value of $49,080.00. Following the completion of the transaction, the director now directly owns 6,135 shares in the company, valued at approximately $501,843. This represents a 10.84% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Robert R. Grusky sold 1,494 shares of Strategic Education 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 transaction, the director now directly owns 11,349 shares in the company, valued at approximately $910,984.23. This trade 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 Down 0.2%

NASDAQ:STRA traded down $0.19 during trading hours on Friday, hitting $89.41. The company had a trading volume of 131,848 shares, compared to its average volume of 155,082. The company has a 50-day moving average of $84.69 and a 200 day moving average of $90.53. The company has a market cap of $2.16 billion, a P/E ratio of 17.03, a P/E/G ratio of 1.22 and a beta of 0.52. Strategic Education, Inc. has a 1 year low of $74.28 and a 1 year high of $121.60.

Strategic Education (NASDAQ:STRA - Get Free Report) last released 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 during the quarter, compared to analysts' expectations of $300.67 million. During the same period in the prior year, the business posted $1.11 EPS. The company's revenue was up 4.6% compared to the same quarter last year. On average, analysts forecast that Strategic Education, Inc. will post 4.79 earnings per share for the current year.

Strategic Education Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 2nd. Shareholders of record on Friday, May 23rd were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date was Friday, May 23rd. Strategic Education's dividend payout ratio is currently 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.