International Assets Investment Management LLC Has $16.46 Million Position in Strategic Education, Inc. (NASDAQ:STRA)

International Assets Investment Management LLC increased its holdings in Strategic Education, Inc. (NASDAQ:STRA - Free Report) by 6,377.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 178,182 shares of the health services provider's stock after acquiring an additional 175,431 shares during the quarter. International Assets Investment Management LLC owned approximately 0.73% of Strategic Education worth $16,459,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the business. State of Wyoming acquired a new position in Strategic Education in the 4th quarter valued at $33,000. Tower Research Capital LLC TRC increased its stake in Strategic Education by 140.3% in the 3rd quarter. Tower Research Capital LLC TRC now owns 656 shares of the health services provider's stock valued at $49,000 after buying an additional 383 shares during the period. VisionPoint Advisory Group LLC acquired a new position in Strategic Education in the 2nd quarter valued at $58,000. US Bancorp DE increased its stake in Strategic Education by 585.2% in the 1st quarter. US Bancorp DE now owns 1,295 shares of the health services provider's stock valued at $86,000 after buying an additional 1,106 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in Strategic Education by 16.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,441 shares of the health services provider's stock valued at $95,000 after buying an additional 199 shares during the period. 93.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Raymond Karl Mcdonnell sold 12,820 shares of the firm's stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $95.99, for a total transaction of $1,230,591.80. Following the transaction, the chief executive officer now directly owns 161,359 shares in the company, valued at $15,488,850.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, CEO Raymond Karl Mcdonnell sold 12,820 shares of the firm's stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $95.99, for a total transaction of $1,230,591.80. Following the transaction, the chief executive officer now directly owns 161,359 shares in the company, valued at $15,488,850.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Daniel Wayne Jackson sold 3,713 shares of the firm's stock in a transaction on Tuesday, February 27th. The stock was sold at an average price of $95.95, for a total value of $356,262.35. Following the transaction, the chief financial officer now owns 71,770 shares in the company, valued at $6,886,331.50. The disclosure for this sale can be found here. 3.10% of the stock is currently owned by company insiders.

Strategic Education Stock Down 2.0 %

NASDAQ STRA traded down $2.06 on Friday, reaching $98.45. The company had a trading volume of 112,522 shares, compared to its average volume of 88,620. The firm has a market capitalization of $2.42 billion, a PE ratio of 34.66, a P/E/G ratio of 1.21 and a beta of 0.50. Strategic Education, Inc. has a 1 year low of $64.53 and a 1 year high of $111.95. The firm has a 50-day moving average of $100.62 and a 200-day moving average of $92.24. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.57 and a quick ratio of 1.57.

Strategic Education (NASDAQ:STRA - Get Free Report) last released its earnings results on Thursday, February 29th. The health services provider reported $1.68 EPS for the quarter, beating the consensus estimate of $1.34 by $0.34. The company had revenue of $302.70 million during the quarter, compared to analysts' expectations of $297.48 million. Strategic Education had a return on equity of 5.52% and a net margin of 6.16%. The business's revenue was up 12.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.78 EPS. On average, equities research analysts anticipate that Strategic Education, Inc. will post 4.6 EPS for the current fiscal year.

Strategic Education Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 18th. Investors of record on Monday, March 11th were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.44%. The ex-dividend date was Friday, March 8th. Strategic Education's dividend payout ratio (DPR) is presently 82.76%.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. StockNews.com lowered shares of Strategic Education from a "buy" rating to a "hold" rating in a research report on Tuesday. Bank of America boosted their price objective on shares of Strategic Education from $104.00 to $124.00 and gave the stock a "buy" rating in a research report on Tuesday, March 5th. BMO Capital Markets boosted their price objective on shares of Strategic Education from $103.00 to $123.00 and gave the stock an "outperform" rating in a research report on Friday, March 1st. Barrington Research reiterated an "outperform" rating and issued a $125.00 price objective on shares of Strategic Education in a research report on Tuesday. Finally, TheStreet raised shares of Strategic Education from a "c+" rating to a "b" rating in a research report on Thursday, February 29th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $120.50.

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.