Linden Thomas Advisory Services LLC Sells 150 Shares of Strategic Education, Inc. (NASDAQ:STRA)

Linden Thomas Advisory Services LLC cut its holdings in shares of Strategic Education, Inc. (NASDAQ:STRA) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,161 shares of the health services provider’s stock after selling 150 shares during the period. Linden Thomas Advisory Services LLC owned about 0.05% of Strategic Education worth $1,216,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of STRA. Envestnet Asset Management Inc. lifted its holdings in Strategic Education by 155.7% during the 3rd quarter. Envestnet Asset Management Inc. now owns 396,049 shares of the health services provider’s stock worth $29,803,000 after buying an additional 241,168 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in Strategic Education by 6,377.0% during the 4th quarter. International Assets Investment Management LLC now owns 178,182 shares of the health services provider’s stock worth $16,459,000 after buying an additional 175,431 shares in the last quarter. Tudor Investment Corp Et Al lifted its holdings in Strategic Education by 160.0% during the 3rd quarter. Tudor Investment Corp Et Al now owns 38,471 shares of the health services provider’s stock worth $2,895,000 after buying an additional 23,673 shares in the last quarter. Trexquant Investment LP acquired a new position in shares of Strategic Education in the 3rd quarter valued at $1,723,000. Finally, WINTON GROUP Ltd acquired a new position in shares of Strategic Education in the 3rd quarter valued at $1,659,000. Institutional investors and hedge funds own 93.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Barrington Research reissued an “outperform” rating and issued a $125.00 price target on shares of Strategic Education in a research note on Tuesday, April 9th. TheStreet raised Strategic Education from a “c+” rating to a “b” rating in a research note on Thursday, February 29th. StockNews.com cut shares of Strategic Education from a “buy” rating to a “hold” rating in a research report on Tuesday, April 9th. Bank of America upped their price objective on shares of Strategic Education from $104.00 to $124.00 and gave the company a “buy” rating in a research report on Tuesday, March 5th. Finally, BMO Capital Markets upped their price objective on shares of Strategic Education from $103.00 to $123.00 and gave the company an “outperform” rating in a research report on Friday, March 1st. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $124.25.

Strategic Education Price Performance

STRA stock opened at $100.65 on Thursday. The stock has a 50-day moving average price of $100.96 and a two-hundred day moving average price of $93.74. The stock has a market cap of $2.48 billion, a PE ratio of 34.71, a price-to-earnings-growth ratio of 1.18 and a beta of 0.50. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.04. Strategic Education, Inc. has a 1 year low of $64.53 and a 1 year high of $111.95.

Strategic Education (NASDAQ:STRA) last released its earnings results on Thursday, February 29th. The health services provider reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.34 by $0.34. The firm had revenue of $302.70 million during the quarter, compared to analysts’ expectations of $297.48 million. Strategic Education had a return on equity of 5.52% and a net margin of 6.16%. The company’s revenue was up 12.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.78 EPS. Equities analysts forecast that Strategic Education, Inc. will post 4.61 EPS for the current fiscal year.

Strategic Education Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 3rd. Stockholders of record on Friday, May 24th will be issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.38%. Strategic Education’s payout ratio is 82.76%.

Insider Activity

In other news, CEO Raymond Karl Mcdonnell sold 12,820 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The stock was sold at an average price of $95.99, for a total value of $1,230,591.80. Following the completion of the transaction, the chief executive officer now owns 161,359 shares in the company, valued at approximately $15,488,850.41. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CEO Raymond Karl Mcdonnell sold 12,820 shares of the firm’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $95.99, for a total value of $1,230,591.80. Following the completion of the sale, the chief executive officer now directly owns 161,359 shares in the company, valued at approximately $15,488,850.41. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Daniel Wayne Jackson sold 3,713 shares of the firm’s stock in a transaction that occurred on Tuesday, February 27th. The stock was sold at an average price of $95.95, for a total transaction of $356,262.35. Following the sale, the chief financial officer now owns 71,770 shares of the company’s stock, valued at $6,886,331.50. The disclosure for this sale can be found here. 3.10% of the stock is owned by corporate insiders.

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.