Strategic Education, Inc. (NASDAQ:STRA) Shares Sold by Triodos Investment Management BV

Triodos Investment Management BV decreased its stake in shares of Strategic Education, Inc. (NASDAQ:STRA) by 13.7% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 220,000 shares of the health services provider’s stock after selling 35,000 shares during the period. Strategic Education accounts for 2.1% of Triodos Investment Management BV’s portfolio, making the stock its 22nd largest position. Triodos Investment Management BV owned about 0.89% of Strategic Education worth $24,345,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its position in shares of Strategic Education by 5.2% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,334,695 shares of the health services provider’s stock worth $123,287,000 after buying an additional 65,507 shares during the period. Burgundy Asset Management Ltd. grew its holdings in shares of Strategic Education by 4.0% during the 1st quarter. Burgundy Asset Management Ltd. now owns 1,183,831 shares of the health services provider’s stock worth $123,260,000 after purchasing an additional 45,870 shares during the period. Charles Schwab Investment Management Inc. raised its holdings in Strategic Education by 2.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 278,397 shares of the health services provider’s stock valued at $25,716,000 after buying an additional 6,296 shares during the period. Bank of New York Mellon Corp lifted its position in Strategic Education by 3.2% during the second quarter. Bank of New York Mellon Corp now owns 269,867 shares of the health services provider’s stock valued at $29,864,000 after buying an additional 8,432 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in Strategic Education by 103.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 253,390 shares of the health services provider’s stock valued at $23,406,000 after buying an additional 128,961 shares in the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Strategic Education Stock Up 0.1 %

NASDAQ:STRA traded up $0.06 on Friday, reaching $96.50. The stock had a trading volume of 295,262 shares, compared to its average volume of 124,219. The company has a 50-day moving average of $105.31 and a 200 day moving average of $106.66. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.04. The stock has a market cap of $2.38 billion, a P/E ratio of 22.87, a price-to-earnings-growth ratio of 1.08 and a beta of 0.57. Strategic Education, Inc. has a 12-month low of $73.87 and a 12-month high of $123.62.

Strategic Education (NASDAQ:STRA) last released its quarterly earnings results on Wednesday, July 31st. The health services provider reported $1.33 EPS for the quarter, topping the consensus estimate of $1.19 by $0.14. Strategic Education had a return on equity of 7.47% and a net margin of 9.84%. The business had revenue of $312.30 million for the quarter, compared to analysts’ expectations of $308.16 million. During the same quarter in the previous year, the firm posted $0.82 earnings per share. The company’s revenue was up 8.6% compared to the same quarter last year. On average, research analysts predict that Strategic Education, Inc. will post 4.68 earnings per share for the current year.

Strategic Education Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, September 6th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date of this dividend is Friday, September 6th. Strategic Education’s payout ratio is currently 56.87%.

Insider Buying and Selling

In related news, Director Viet D. Dinh acquired 5,000 shares of Strategic Education stock in a transaction on Friday, August 2nd. The shares were purchased at an average cost of $95.59 per share, for a total transaction of $477,950.00. Following the purchase, the director now directly owns 20,020 shares of the company’s stock, valued at approximately $1,913,711.80. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 3.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on STRA. StockNews.com downgraded shares of Strategic Education from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. BMO Capital Markets dropped their target price on Strategic Education from $130.00 to $125.00 and set an “outperform” rating on the stock in a report on Thursday, August 1st. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $132.25.

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.