Strategic Education, Inc. (NASDAQ:STRA) Stock Holdings Lifted by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lifted its position in Strategic Education, Inc. (NASDAQ:STRA) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 324,676 shares of the health services provider’s stock after acquiring an additional 10,949 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Strategic Education were worth $30,331,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Exchange Traded Concepts LLC increased its position in shares of Strategic Education by 2.6% in the fourth quarter. Exchange Traded Concepts LLC now owns 8,113 shares of the health services provider’s stock worth $758,000 after acquiring an additional 205 shares in the last quarter. HighTower Advisors LLC grew its position in Strategic Education by 9.8% during the third quarter. HighTower Advisors LLC now owns 2,448 shares of the health services provider’s stock valued at $228,000 after purchasing an additional 218 shares in the last quarter. Dynamic Technology Lab Private Ltd grew its position in Strategic Education by 4.2% during the third quarter. Dynamic Technology Lab Private Ltd now owns 7,676 shares of the health services provider’s stock valued at $710,000 after purchasing an additional 306 shares in the last quarter. KBC Group NV grew its position in Strategic Education by 53.3% during the fourth quarter. KBC Group NV now owns 1,044 shares of the health services provider’s stock valued at $98,000 after purchasing an additional 363 shares in the last quarter. Finally, SkyView Investment Advisors LLC grew its position in Strategic Education by 4.3% during the third quarter. SkyView Investment Advisors LLC now owns 8,907 shares of the health services provider’s stock valued at $824,000 after purchasing an additional 364 shares in the last quarter. 93.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on STRA. BMO Capital Markets lowered their price objective on shares of Strategic Education from $114.00 to $97.00 and set an “outperform” rating on the stock in a research report on Monday, March 3rd. StockNews.com downgraded shares of Strategic Education from a “buy” rating to a “hold” rating in a research report on Thursday, March 6th. Finally, Barrington Research lowered their price objective on shares of Strategic Education from $135.00 to $120.00 and set an “outperform” rating on the stock in a research report on Thursday, February 27th.

Insider Transactions at Strategic Education

In other news, Director Michael A. Mcrobbie acquired 600 shares of Strategic Education stock in a transaction dated Monday, March 10th. The stock was acquired at an average cost of $81.80 per share, for a total transaction of $49,080.00. Following the completion of the purchase, the director now owns 6,135 shares of the company’s stock, valued at $501,843. This represents a 10.84 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Raymond Karl Mcdonnell sold 31,855 shares of the business’s stock in a transaction on Tuesday, February 25th. The stock was sold at an average price of $97.83, for a total transaction of $3,116,374.65. Following the completion of the sale, the chief executive officer now owns 140,281 shares of the company’s stock, valued at $13,723,690.23. The trade was a 18.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 39,332 shares of company stock worth $3,825,169. 3.10% of the stock is owned by insiders.

Strategic Education Stock Up 1.0 %

STRA stock opened at $79.90 on Monday. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 15.22, a P/E/G ratio of 1.22 and a beta of 0.59. Strategic Education, Inc. has a 12 month low of $78.43 and a 12 month high of $123.62. The firm has a 50 day moving average of $93.97 and a two-hundred day moving average of $93.68.

Strategic Education (NASDAQ:STRA) last posted its earnings results on Thursday, February 27th. The health services provider reported $1.27 EPS for the quarter, missing the consensus estimate of $1.37 by ($0.10). The business had revenue of $311.46 million during the quarter, compared to the consensus estimate of $315.18 million. Strategic Education had a return on equity of 7.61% and a net margin of 10.44%. On average, research analysts expect that Strategic Education, Inc. will post 4.79 EPS for the current fiscal year.

Strategic Education Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Monday, March 10th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Monday, March 10th. Strategic Education’s dividend payout ratio is 51.39%.

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.