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

Edmond DE Rothschild Holding S.A. grew its holdings in shares of Strategic Education, Inc. (NASDAQ:STRA - Free Report) by 1,044.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 22,202 shares of the health services provider's stock after acquiring an additional 20,262 shares during the quarter. Edmond DE Rothschild Holding S.A. owned 0.09% of Strategic Education worth $2,074,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in STRA. JPMorgan Chase & Co. grew its position in Strategic Education by 76.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 399,144 shares of the health services provider's stock worth $36,941,000 after acquiring an additional 173,225 shares during the last quarter. Norges Bank acquired a new stake in shares of Strategic Education during the fourth quarter valued at about $15,715,000. Arrowstreet Capital Limited Partnership grew its holdings in shares of Strategic Education by 207.3% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 175,141 shares of the health services provider's stock worth $16,362,000 after purchasing an additional 118,151 shares during the last quarter. Weiss Asset Management LP acquired a new position in shares of Strategic Education in the third quarter valued at approximately $5,635,000. Finally, State Street Corp raised its holdings in Strategic Education by 6.1% in the 3rd quarter. State Street Corp now owns 890,133 shares of the health services provider's stock valued at $82,382,000 after buying an additional 50,980 shares during the last quarter. Institutional investors own 93.27% of the company's stock.

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Strategic Education Trading Down 3.8 %

STRA stock traded down $3.27 during midday trading on Thursday, hitting $82.25. The stock had a trading volume of 278,813 shares, compared to its average volume of 144,625. The firm has a market cap of $2.03 billion, a P/E ratio of 15.67, a price-to-earnings-growth ratio of 1.22 and a beta of 0.59. The business has a fifty day moving average price of $91.00 and a two-hundred day moving average price of $92.67. Strategic Education, Inc. has a 1-year low of $78.43 and a 1-year high of $123.62.

Strategic Education (NASDAQ:STRA - Get Free Report) last announced 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). Strategic Education had a net margin of 10.44% and a return on equity of 7.61%. The business had revenue of $311.46 million for the quarter, compared to the consensus estimate of $315.18 million. On average, equities analysts anticipate that Strategic Education, Inc. will post 4.79 EPS for the current year.

Strategic Education Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 17th. Shareholders of record on Monday, March 10th were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date was Monday, March 10th. Strategic Education's payout ratio is 51.39%.

Insider Buying and Selling at Strategic Education

In other Strategic Education news, CFO Daniel Wayne Jackson sold 6,025 shares of the business's stock in a transaction on Tuesday, February 25th. The shares were sold at an average price of $97.83, for a total transaction of $589,425.75. Following the completion of the sale, the chief financial officer now owns 81,756 shares in the company, valued at approximately $7,998,189.48. The trade was a 6.86 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Raymond Karl Mcdonnell sold 31,855 shares of the company'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 transaction, the chief executive officer now owns 140,281 shares in the company, valued at approximately $13,723,690.23. The trade was a 18.51 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 39,332 shares of company stock valued at $3,825,169. Corporate insiders own 3.30% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. StockNews.com lowered shares of Strategic Education from a "buy" rating to a "hold" rating in a report on Thursday, March 6th. Barrington Research reduced 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 note on Thursday, February 27th. Finally, BMO Capital Markets reduced their price target on Strategic Education from $114.00 to $97.00 and set an "outperform" rating on the stock in a research report on Monday, March 3rd.

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.