Ghe LLC Sells 180 Shares of Strategic Education, Inc. (NASDAQ:STRA)

Ghe LLC decreased its stake in shares of Strategic Education, Inc. (NASDAQ:STRA) by 7.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,351 shares of the health services provider’s stock after selling 180 shares during the period. Ghe LLC’s holdings in Strategic Education were worth $218,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of STRA. Wilmington Savings Fund Society FSB bought a new stake in shares of Strategic Education during the 3rd quarter worth about $37,000. R Squared Ltd bought a new stake in shares of Strategic Education during the 4th quarter worth about $42,000. Allspring Global Investments Holdings LLC bought a new stake in shares of Strategic Education during the 3rd quarter worth about $55,000. Pacer Advisors Inc. bought a new stake in shares of Strategic Education during the 4th quarter worth about $96,000. Finally, KBC Group NV raised its stake in Strategic Education by 53.3% in the 4th quarter. KBC Group NV now owns 1,044 shares of the health services provider’s stock worth $98,000 after purchasing an additional 363 shares in the last quarter. Institutional investors own 93.27% of the company’s stock.

Analyst Ratings Changes

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

Strategic Education Trading Down 1.7 %

Shares of NASDAQ:STRA opened at $101.72 on Monday. The firm has a 50 day moving average of $96.94 and a 200-day moving average of $94.86. The stock has a market capitalization of $2.50 billion, a PE ratio of 19.38, a PEG ratio of 1.22 and a beta of 0.59. Strategic Education, Inc. has a 12 month low of $85.11 and a 12 month high of $123.62.

Strategic Education Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 9th. Stockholders of record on Monday, December 2nd were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.36%. The ex-dividend date was Monday, December 2nd. Strategic Education’s payout ratio is presently 45.71%.

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.