Olympiad Research LP Buys Shares of 4,135 Strategic Education, Inc. (NASDAQ:STRA)

Olympiad Research LP bought a new stake in shares of Strategic Education, Inc. (NASDAQ:STRA) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 4,135 shares of the health services provider’s stock, valued at approximately $386,000.

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

Analyst Upgrades and Downgrades

Separately, Barrington Research restated an “outperform” rating and set a $135.00 price target on shares of Strategic Education in a report on Tuesday, January 21st. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, Strategic Education presently has a consensus rating of “Moderate Buy” and an average target price of $126.00.

Strategic Education Trading Down 1.7 %

Strategic Education stock opened at $101.72 on Friday. The company has a market capitalization of $2.50 billion, a P/E ratio of 19.38, a P/E/G ratio of 1.22 and a beta of 0.59. The firm’s fifty day simple moving average is $96.94 and its 200-day simple moving average is $94.84. Strategic Education, Inc. has a 1-year low of $85.11 and a 1-year high of $123.62.

Strategic Education Dividend Announcement

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

About Strategic Education

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.