4,135 Shares in Strategic Education, Inc. (NASDAQ:STRA) Bought by Olympiad Research LP

Olympiad Research LP acquired a new position in shares of Strategic Education, Inc. (NASDAQ:STRA - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 4,135 shares of the health services provider's stock, valued at approximately $386,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Strategic Education during the 3rd quarter worth approximately $37,000. R Squared Ltd bought a new stake in Strategic Education during the fourth quarter worth $42,000. Allspring Global Investments Holdings LLC acquired a new stake in shares of Strategic Education in the 3rd quarter valued at $55,000. Pacer Advisors Inc. bought a new position in shares of Strategic Education in the 4th quarter valued at $96,000. Finally, KBC Group NV raised its holdings in shares of Strategic Education by 53.3% during the 4th quarter. KBC Group NV now owns 1,044 shares of the health services provider's stock worth $98,000 after buying an additional 363 shares in the last quarter. Institutional investors own 93.27% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Barrington Research reaffirmed an "outperform" rating and issued a $135.00 price objective on shares of Strategic Education in a research note on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, Strategic Education has an average rating of "Moderate Buy" and an average price target of $126.00.

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Strategic Education Stock Performance

Shares of STRA traded up $0.54 during trading hours on Wednesday, reaching $97.94. The stock had a trading volume of 108,984 shares, compared to its average volume of 94,846. Strategic Education, Inc. has a 12 month low of $85.11 and a 12 month high of $123.62. The stock has a market capitalization of $2.41 billion, a PE ratio of 18.66, a PEG ratio of 1.22 and a beta of 0.59. The company's 50-day moving average is $96.83 and its two-hundred day moving average is $94.91.

Strategic Education Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Monday, December 2nd were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.45%. The ex-dividend date of this dividend was Monday, December 2nd. Strategic Education's dividend payout ratio (DPR) is currently 45.71%.

About Strategic Education

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.