Mitsubishi UFJ Trust & Banking Corp Takes $831,000 Position in Strategic Education, Inc. (NASDAQ:STRA)

Mitsubishi UFJ Trust & Banking Corp acquired a new stake in Strategic Education, Inc. (NASDAQ:STRA - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 8,900 shares of the health services provider's stock, valued at approximately $831,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. EntryPoint Capital LLC grew its stake in Strategic Education by 64.9% in the 4th quarter. EntryPoint Capital LLC now owns 11,902 shares of the health services provider's stock worth $1,112,000 after buying an additional 4,684 shares in the last quarter. Prudential Financial Inc. raised its position in Strategic Education by 7.5% during the fourth quarter. Prudential Financial Inc. now owns 25,282 shares of the health services provider's stock valued at $2,416,000 after purchasing an additional 1,761 shares in the last quarter. Vanguard Group Inc. lifted its stake in Strategic Education by 1.7% during the fourth quarter. Vanguard Group Inc. now owns 2,793,685 shares of the health services provider's stock worth $260,986,000 after purchasing an additional 45,421 shares during the last quarter. KLP Kapitalforvaltning AS purchased a new position in shares of Strategic Education in the 4th quarter worth about $701,000. Finally, American Century Companies Inc. increased its position in shares of Strategic Education by 19.5% during the 4th quarter. American Century Companies Inc. now owns 37,874 shares of the health services provider's stock valued at $3,538,000 after purchasing an additional 6,180 shares during the last quarter. Institutional investors own 93.27% of the company's stock.

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Strategic Education Price Performance

STRA stock traded down $3.27 during trading on Thursday, reaching $82.25. The company had a trading volume of 278,813 shares, compared to its average volume of 144,602. The business has a 50 day moving average of $90.70 and a 200 day moving average of $92.60. The company has a market cap of $2.03 billion, a P/E ratio of 15.67, a PEG ratio of 1.22 and a beta of 0.58. Strategic Education, Inc. has a 52 week low of $78.43 and a 52 week high of $123.62.

Strategic Education (NASDAQ:STRA - Get Free Report) last released its earnings results on Thursday, February 27th. The health services provider reported $1.27 EPS for the quarter, missing analysts' consensus estimates of $1.37 by ($0.10). The firm had revenue of $311.46 million during the quarter, compared to analysts' expectations of $315.18 million. Strategic Education had a net margin of 10.44% and a return on equity of 7.61%. Research analysts expect that Strategic Education, Inc. will post 4.79 earnings per share for the current year.

Strategic Education Dividend Announcement

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

Insider Buying and Selling

In other Strategic Education news, General Counsel Lizette Benedi Herraiz sold 1,452 shares of the stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $82.21, for a total value of $119,368.92. Following the transaction, the general counsel now owns 61,716 shares of the company's stock, valued at approximately $5,073,672.36. This represents a 2.30 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Raymond Karl Mcdonnell sold 31,855 shares of Strategic Education stock in a transaction on Tuesday, February 25th. The shares were 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. This trade represents a 18.51 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 39,332 shares of company stock worth $3,825,169 in the last quarter. Corporate insiders own 3.30% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on STRA shares. StockNews.com cut shares of Strategic Education from a "buy" rating to a "hold" rating in a research report on Thursday, March 6th. 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, Barrington Research decreased 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 report on Thursday, February 27th.

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.