Susquehanna Fundamental Investments LLC Makes New Investment in Strategic Education, Inc. (NASDAQ:STRA)

Susquehanna Fundamental Investments LLC bought a new position in shares of Strategic Education, Inc. (NASDAQ:STRA - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 18,218 shares of the health services provider's stock, valued at approximately $1,702,000. Susquehanna Fundamental Investments LLC owned approximately 0.07% of Strategic Education at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Oberweis Asset Management Inc. lifted its position in shares of Strategic Education by 30.6% during the fourth quarter. Oberweis Asset Management Inc. now owns 134,500 shares of the health services provider's stock worth $12,565,000 after purchasing an additional 31,500 shares in the last quarter. Van Lanschot Kempen Investment Management N.V. increased its stake in Strategic Education by 12.9% during the 4th 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 buying an additional 70,743 shares during the period. MetLife Investment Management LLC lifted its holdings in Strategic Education by 5.8% during the 4th quarter. MetLife Investment Management LLC now owns 13,588 shares of the health services provider's stock worth $1,269,000 after buying an additional 749 shares in the last quarter. MSH Capital Advisors LLC purchased a new position in Strategic Education in the 4th quarter valued at approximately $1,037,000. Finally, Bridgewater Associates LP grew its stake in shares of Strategic Education by 12.8% in the fourth quarter. Bridgewater Associates LP now owns 29,708 shares of the health services provider's stock worth $2,775,000 after acquiring an additional 3,368 shares in the last quarter. 93.27% of the stock is currently owned by hedge funds and other institutional investors.

Strategic Education Trading Up 4.1 %

NASDAQ:STRA traded up $3.37 during trading hours on Friday, hitting $84.66. The company's stock had a trading volume of 256,045 shares, compared to its average volume of 152,359. Strategic Education, Inc. has a 52-week low of $74.28 and a 52-week high of $123.62. The stock has a market capitalization of $2.09 billion, a P/E ratio of 16.13, a price-to-earnings-growth ratio of 1.22 and a beta of 0.58. The stock has a fifty day moving average of $81.42 and a 200-day moving average of $90.87.

Strategic Education (NASDAQ:STRA - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The health services provider reported $1.30 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.29. The business had revenue of $303.59 million for the quarter, compared to the consensus estimate of $300.67 million. Strategic Education had a return on equity of 7.61% and a net margin of 10.44%. The business's revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.11 EPS. On average, sell-side 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 disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Friday, May 23rd will be issued 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 yield of 2.83%. Strategic Education's payout ratio is currently 51.28%.

Insider Transactions at Strategic Education

In related news, Director Michael A. Mcrobbie purchased 600 shares of Strategic Education stock in a transaction that occurred on Monday, March 10th. The stock was purchased at an average cost 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. The trade was a 10.84 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, General Counsel Lizette Benedi Herraiz sold 1,452 shares of the firm's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $82.21, for a total value of $119,368.92. Following the transaction, the general counsel now directly owns 61,716 shares in the company, valued at approximately $5,073,672.36. The trade was a 2.30 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 40,826 shares of company stock worth $3,945,093. 3.30% of the stock is currently owned by insiders.

Analyst Ratings Changes

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

About Strategic Education

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.