Brokerages Set Strategic Education, Inc. (NASDAQ:STRA) PT at $126.00

Strategic Education, Inc. (NASDAQ:STRA - Get Free Report) has received a consensus rating of "Buy" from the four brokerages that are covering the stock, MarketBeat reports. Four research analysts have rated the stock with a buy rating. The average 12 month price target among brokers that have covered the stock in the last year is $126.00.

Separately, Barrington Research restated an "outperform" rating and set a $135.00 price objective on shares of Strategic Education in a report on Tuesday, January 21st.

Institutional Trading of Strategic Education

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in shares of Strategic Education in the 3rd quarter worth approximately $37,000. R Squared Ltd bought a new position in Strategic Education during the fourth quarter worth $42,000. Smartleaf Asset Management LLC boosted its holdings in 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 purchasing an additional 383 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in Strategic Education during the third quarter valued at $55,000. Finally, Sterling Capital Management LLC raised its holdings in shares of Strategic Education by 809.1% during the fourth quarter. Sterling Capital Management LLC now owns 700 shares of the health services provider's stock worth $65,000 after purchasing an additional 623 shares during the period. 93.27% of the stock is owned by institutional investors.

Strategic Education Stock Performance

Shares of NASDAQ:STRA traded down $0.28 during trading on Friday, hitting $102.58. The company's stock had a trading volume of 48,010 shares, compared to its average volume of 90,152. The company has a market capitalization of $2.52 billion, a PE ratio of 19.54, a PEG ratio of 1.21 and a beta of 0.59. Strategic Education has a fifty-two week low of $85.11 and a fifty-two week high of $123.62. The stock's 50-day moving average price is $96.76 and its two-hundred day moving average price is $94.66.

Strategic Education Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Monday, December 2nd were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, December 2nd. This represents a $2.40 annualized dividend and a dividend yield of 2.34%. Strategic Education's payout ratio is 45.71%.

Strategic Education Company 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.