Free Trial

Strategic Education, Inc. (NASDAQ:STRA) Shares Purchased by Geode Capital Management LLC

Strategic Education logo with Consumer Discretionary background

Geode Capital Management LLC grew its position in shares of Strategic Education, Inc. (NASDAQ:STRA - Free Report) by 5.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 561,274 shares of the health services provider's stock after purchasing an additional 28,082 shares during the period. Geode Capital Management LLC owned approximately 2.28% of Strategic Education worth $51,956,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in STRA. Disciplined Growth Investors Inc. MN grew its holdings in Strategic Education by 2.2% during the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 461,012 shares of the health services provider's stock valued at $42,667,000 after purchasing an additional 10,084 shares in the last quarter. Vestcor Inc acquired a new stake in shares of Strategic Education during the third quarter valued at about $270,000. Marshfield Associates increased its position in shares of Strategic Education by 0.5% during the third quarter. Marshfield Associates now owns 1,829,622 shares of the health services provider's stock worth $169,332,000 after acquiring an additional 9,001 shares during the last quarter. Barclays PLC increased its position in shares of Strategic Education by 334.3% during the third quarter. Barclays PLC now owns 37,961 shares of the health services provider's stock worth $3,513,000 after acquiring an additional 29,220 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd lifted its stake in shares of Strategic Education by 256.5% in the third quarter. Y Intercept Hong Kong Ltd now owns 7,956 shares of the health services provider's stock worth $736,000 after acquiring an additional 5,724 shares in the last quarter. 93.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on STRA. StockNews.com downgraded Strategic Education from a "buy" rating to a "hold" rating in a report on Saturday, October 5th. Barrington Research restated an "outperform" rating and issued a $135.00 price target on shares of Strategic Education in a research note on Thursday, November 7th. Finally, Truist Financial reduced their price objective on shares of Strategic Education from $145.00 to $120.00 and set a "buy" rating on the stock in a research note on Wednesday, October 16th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $126.00.

View Our Latest Report on STRA

Strategic Education Price Performance

Shares of STRA stock traded down $0.12 on Monday, hitting $92.58. 101,645 shares of the stock traded hands, compared to its average volume of 132,478. The company's fifty day moving average is $94.44 and its 200 day moving average is $99.02. Strategic Education, Inc. has a 1-year low of $85.11 and a 1-year high of $123.62. The company has a market capitalization of $2.27 billion, a PE ratio of 17.63, a PEG ratio of 1.38 and a beta of 0.59.

Strategic Education (NASDAQ:STRA - Get Free Report) last issued its earnings results on Thursday, November 7th. The health services provider reported $1.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.81 by $0.35. Strategic Education had a net margin of 10.44% and a return on equity of 7.61%. The company had revenue of $305.96 million for the quarter, compared to analysts' expectations of $301.62 million. During the same period in the prior year, the company earned $0.97 earnings per share. The firm's revenue was up 7.0% compared to the same quarter last year. As a group, equities research analysts expect that Strategic Education, Inc. will post 4.79 EPS for the current year.

Strategic Education Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Monday, December 2nd were paid a $0.60 dividend. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.59%. Strategic Education's payout ratio is currently 45.71%.

Strategic Education Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Strategic Education (NASDAQ:STRA)

Should You Invest $1,000 in Strategic Education Right Now?

Before you consider Strategic Education, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Strategic Education wasn't on the list.

While Strategic Education currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks
7 Stocks to Benefit From Trump’s Tariffs in 2025
Investing in Quantum Computing: Is Rigetti the Stock to Watch?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines