Strategic Education Inc. (NASDAQ:STRA) Stock Rated “Hold” by Wall Street Brokerages

Strategic Education Inc. (NASDAQ:STRA) has earned a consensus rating of “Hold” from the five brokerages that are currently covering the company, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $96.67.

STRA has been the topic of several recent analyst reports. Truist Financial boosted their target price on Strategic Education from $80.00 to $90.00 and gave the stock a “hold” rating in a report on Thursday, July 30th. Weiss Ratings upgraded Strategic Education from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. BMO Capital Markets dropped their price target on Strategic Education from $100.00 to $95.00 and set an “outperform” rating for the company in a report on Monday, October 5th. Wall Street Zen upgraded Strategic Education from a “hold” rating to a “buy” rating in a research report on Saturday, August 1st. Finally, Barrington Research set a $105.00 price objective on Strategic Education in a research report on Wednesday, July 29th.

Institutional Trading of Strategic Education

A number of hedge funds and other institutional investors have recently made changes to their positions in STRA. BlackRock Inc. bought a new position in shares of Strategic Education in the second quarter valued at about $291,189,000. Dimensional Fund Advisors LP grew its holdings in Strategic Education by 0.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,458,740 shares of the health services provider’s stock worth $121,017,000 after acquiring an additional 7,346 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its holdings in Strategic Education by 30.6% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 454,509 shares of the health services provider’s stock worth $37,706,000 after acquiring an additional 106,487 shares during the last quarter. Algert Global LLC increased its position in Strategic Education by 26.6% in the 2nd quarter. Algert Global LLC now owns 275,342 shares of the health services provider’s stock valued at $21,097,000 after acquiring an additional 57,824 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in Strategic Education in the 2nd quarter valued at about $16,778,000. 93.27% of the stock is currently owned by institutional investors and hedge funds.

Strategic Education Stock Down 1.3%

NASDAQ:STRA traded down $1.06 on Friday, reaching $81.33. The stock had a trading volume of 265,924 shares, compared to its average volume of 329,740. The company has a market capitalization of $1.81 billion, a P/E ratio of 13.55, a price-to-earnings-growth ratio of 0.76 and a beta of 0.47. Strategic Education has a 1-year low of $69.70 and a 1-year high of $89.73. The stock has a fifty day moving average price of $81.21 and a 200-day moving average price of $80.27.

Strategic Education (NASDAQ:STRA) last issued its quarterly earnings data on Wednesday, July 29th. The health services provider reported $1.76 earnings per share for the quarter, missing the consensus estimate of $1.80 by ($0.04). The firm had revenue of $321.60 million for the quarter, compared to the consensus estimate of $327.55 million. Strategic Education had a return on equity of 8.98% and a net margin of 10.46%. Strategic Education’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.54 earnings per share. Sell-side analysts predict that Strategic Education will post 7.23 earnings per share for the current fiscal year.

Strategic Education Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 14th. Stockholders of record on Friday, September 4th were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Friday, September 4th. Strategic Education’s dividend payout ratio is presently 40.00%.

Strategic Education Company Profile

Strategic Education, Inc is a postsecondary education company that provides career-focused academic programs and education services in the United States. The company operates primarily through Strayer University and Capella University, serving working adults and other students through online learning, physical campuses and flexible academic formats.

Strayer University offers undergraduate and graduate degree programs, professional certificates and other career-oriented courses in areas such as business, information technology, healthcare, criminal justice and education.