Edmond DE Rothschild Holding S.A. Boosts Holdings in Strategic Education, Inc. (NASDAQ:STRA)

Edmond DE Rothschild Holding S.A. raised its holdings in Strategic Education, Inc. (NASDAQ:STRA) by 1,044.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,202 shares of the health services provider’s stock after purchasing an additional 20,262 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Strategic Education were worth $2,074,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of Strategic Education during the 3rd quarter worth approximately $37,000. R Squared Ltd purchased a new position in Strategic Education during the fourth quarter worth $42,000. Smartleaf Asset Management LLC raised its holdings in shares of Strategic Education by 394.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 480 shares of the health services provider’s stock worth $44,000 after acquiring an additional 383 shares during the last quarter. Pacer Advisors Inc. purchased a new stake in shares of Strategic Education in the fourth quarter valued at $96,000. Finally, KBC Group NV boosted its stake in shares of 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 acquiring an additional 363 shares during the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Insider Buying and Selling

In other Strategic Education news, Director Michael A. Mcrobbie purchased 600 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The shares were purchased at an average price of $81.80 per share, for a total transaction of $49,080.00. Following the completion of the acquisition, the director now owns 6,135 shares of the company’s stock, valued at approximately $501,843. This represents a 10.84 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Lizette Benedi Herraiz sold 1,452 shares of the stock in a transaction on Monday, March 10th. The stock was sold at an average price of $82.21, for a total transaction of $119,368.92. Following the completion of the sale, the general counsel now directly owns 61,716 shares of the company’s stock, valued at $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 ninety days, insiders have sold 39,332 shares of company stock valued at $3,825,169. 3.30% of the stock is currently owned by company insiders.

Strategic Education Trading Down 2.0 %

NASDAQ STRA opened at $83.96 on Tuesday. The business’s 50-day moving average price is $91.49 and its 200 day moving average price is $92.78. Strategic Education, Inc. has a twelve month low of $78.43 and a twelve month high of $123.62. The company has a market capitalization of $2.07 billion, a PE ratio of 15.99, a price-to-earnings-growth ratio of 1.22 and a beta of 0.59.

Strategic Education (NASDAQ:STRA) last announced its quarterly earnings data on Thursday, February 27th. The health services provider reported $1.27 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.10). Strategic Education had a return on equity of 7.61% and a net margin of 10.44%. The company had revenue of $311.46 million for the quarter, compared to analysts’ expectations of $315.18 million. Equities analysts predict that Strategic Education, Inc. will post 4.79 EPS for the current year.

Strategic Education Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, March 10th were issued a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.86%. Strategic Education’s payout ratio is 51.39%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on STRA shares. Barrington Research cut their target price on shares of Strategic Education from $135.00 to $120.00 and set an “outperform” rating for the company in a research note on Thursday, February 27th. BMO Capital Markets lowered their price target on shares of Strategic Education from $114.00 to $97.00 and set an “outperform” rating for the company in a report on Monday, March 3rd. Finally, StockNews.com downgraded shares of Strategic Education from a “buy” rating to a “hold” rating in a research note on Thursday, March 6th.

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.