Nisa Investment Advisors LLC Sells 4,530 Shares of Strategic Education, Inc. (NASDAQ:STRA)

Nisa Investment Advisors LLC lessened its position in Strategic Education, Inc. (NASDAQ:STRA - Free Report) by 94.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 287 shares of the health services provider's stock after selling 4,530 shares during the quarter. Nisa Investment Advisors LLC's holdings in Strategic Education were worth $27,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. HighTower Advisors LLC increased its stake in Strategic Education by 9.8% during the third quarter. HighTower Advisors LLC now owns 2,448 shares of the health services provider's stock valued at $228,000 after acquiring an additional 218 shares during the period. US Bancorp DE grew its holdings in shares of Strategic Education by 12.8% during the 3rd quarter. US Bancorp DE now owns 1,938 shares of the health services provider's stock worth $179,000 after purchasing an additional 220 shares in the last quarter. Guidance Capital Inc. increased its position in shares of Strategic Education by 5.8% during the third quarter. Guidance Capital Inc. now owns 5,206 shares of the health services provider's stock valued at $459,000 after purchasing an additional 285 shares during the period. Dynamic Technology Lab Private Ltd raised its stake in shares of Strategic Education by 4.2% in the third quarter. Dynamic Technology Lab Private Ltd now owns 7,676 shares of the health services provider's stock valued at $710,000 after purchasing an additional 306 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in Strategic Education by 2.9% in the second quarter. The Manufacturers Life Insurance Company now owns 12,193 shares of the health services provider's stock worth $1,349,000 after purchasing an additional 342 shares during the period. Institutional investors and hedge funds own 93.27% of the company's stock.

Strategic Education Price Performance

Shares of STRA traded down $0.36 during trading hours on Friday, hitting $98.23. The stock had a trading volume of 108,268 shares, compared to its average volume of 84,940. Strategic Education, Inc. has a 52 week low of $85.11 and a 52 week high of $123.62. The stock has a market capitalization of $2.41 billion, a price-to-earnings ratio of 18.71, a P/E/G ratio of 1.15 and a beta of 0.58. The company's fifty day moving average is $96.39 and its two-hundred day moving average is $95.77.

Strategic Education (NASDAQ:STRA - Get Free Report) last issued its quarterly earnings data on Thursday, November 7th. The health services provider reported $1.16 earnings per share for the quarter, topping the consensus estimate of $0.81 by $0.35. Strategic Education had a net margin of 10.44% and a return on equity of 7.61%. The firm 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 firm earned $0.97 earnings per share. The company's quarterly revenue was up 7.0% compared to the same quarter last year. Equities analysts predict that Strategic Education, Inc. will post 4.79 EPS for the current fiscal year.

Strategic Education Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 9th. Shareholders of record on Monday, December 2nd were given a $0.60 dividend. The ex-dividend date was Monday, December 2nd. This represents a $2.40 annualized dividend and a yield of 2.44%. Strategic Education's payout ratio is 45.71%.

Analyst Ratings Changes

STRA has been the topic of several analyst reports. Barrington Research reissued an "outperform" rating and issued a $135.00 price target on shares of Strategic Education in a report on Tuesday, January 21st. Truist Financial lowered their target price 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. Finally, StockNews.com cut shares of Strategic Education from a "buy" rating to a "hold" rating in a research note on Saturday, October 5th. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $126.00.

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.