Campbell & CO Investment Adviser LLC cut its holdings in shares of Strategic Education, Inc. (NASDAQ:STRA – Free Report) by 62.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,580 shares of the health services provider’s stock after selling 11,143 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Strategic Education were worth $495,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. State of Wyoming acquired a new stake in shares of Strategic Education in the 4th quarter valued at about $33,000. VisionPoint Advisory Group LLC acquired a new stake in shares of Strategic Education in the 2nd quarter valued at about $58,000. Covestor Ltd raised its stake in shares of Strategic Education by 88.1% in the 2nd quarter. Covestor Ltd now owns 886 shares of the health services provider’s stock valued at $60,000 after purchasing an additional 415 shares during the period. US Bancorp DE raised its stake in shares of 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 purchasing an additional 1,106 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in shares of 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 purchasing an additional 199 shares during the period. 97.53% of the stock is currently owned by institutional investors.
Strategic Education Trading Up 0.5 %
NASDAQ STRA opened at $98.91 on Tuesday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.04. Strategic Education, Inc. has a twelve month low of $64.53 and a twelve month high of $99.75. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 48.49, a price-to-earnings-growth ratio of 1.10 and a beta of 0.49. The business’s fifty day moving average is $93.26 and its 200 day moving average is $84.79.
Strategic Education Announces Dividend
Analyst Upgrades and Downgrades
Several research firms have issued reports on STRA. BMO Capital Markets lifted their price target on Strategic Education from $97.00 to $101.00 and gave the company an “outperform” rating in a research note on Thursday, November 9th. Barrington Research lifted their target price on Strategic Education from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Thursday, November 2nd. Finally, StockNews.com raised Strategic Education from a “hold” rating to a “buy” rating in a research report on Tuesday, December 12th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $94.00.
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. It operates through three segments: U.S. Higher Education, Australia/New Zealand, and Education Technology Services. The company 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.
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