Strategic Education Inc. (NASDAQ:STRA – Get Free Report) has been given a consensus rating of “Hold” by the five ratings firms that are currently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $88.6667.
STRA has been the subject of several recent analyst reports. Zacks Research lowered shares of Strategic Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Barrington Research decreased their price objective on shares of Strategic Education from $105.00 to $95.00 and set an “outperform” rating on the stock in a report on Thursday, April 23rd. Wall Street Zen lowered shares of Strategic Education from a “buy” rating to a “hold” rating in a research report on Wednesday, June 24th. Weiss Ratings reissued a “hold (c)” rating on shares of Strategic Education in a research note on Friday, July 17th. Finally, Truist Financial reduced their price target on shares of Strategic Education from $85.00 to $80.00 and set a “hold” rating for the company in a research report on Monday, April 27th.
View Our Latest Stock Report on Strategic Education
Strategic Education Price Performance
Strategic Education (NASDAQ:STRA – Get Free Report) last announced its earnings results on Thursday, April 23rd. The health services provider reported $1.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.51 by ($0.09). Strategic Education had a net margin of 10.21% and a return on equity of 8.78%. The business had revenue of $305.93 million for the quarter, compared to analysts’ expectations of $329.81 million. During the same quarter last year, the business earned $1.30 EPS. The company’s quarterly revenue was up .8% on a year-over-year basis. On average, equities research analysts anticipate that Strategic Education will post 7.2 EPS for the current fiscal year.
Insider Buying and Selling
In other Strategic Education news, insider Christa Hokenson sold 2,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $80.00, for a total transaction of $160,000.00. Following the completion of the sale, the insider directly owned 65,195 shares in the company, valued at approximately $5,215,600. The trade was a 2.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 3.60% of the company’s stock.
Institutional Trading of Strategic Education
Institutional investors have recently made changes to their positions in the company. Orion Porfolio Solutions LLC increased its position in shares of Strategic Education by 1.4% during the third quarter. Orion Porfolio Solutions LLC now owns 9,367 shares of the health services provider’s stock worth $806,000 after purchasing an additional 129 shares in the last quarter. ProShare Advisors LLC boosted its stake in Strategic Education by 3.0% during the 4th quarter. ProShare Advisors LLC now owns 4,538 shares of the health services provider’s stock worth $364,000 after purchasing an additional 133 shares during the last quarter. Allworth Financial LP boosted its stake in Strategic Education by 88.5% during the 3rd quarter. Allworth Financial LP now owns 294 shares of the health services provider’s stock worth $25,000 after purchasing an additional 138 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of Strategic Education by 85.2% during the second quarter. Osaic Holdings Inc. now owns 387 shares of the health services provider’s stock worth $33,000 after buying an additional 178 shares in the last quarter. Finally, Hantz Financial Services Inc. grew its holdings in shares of Strategic Education by 154.2% during the fourth quarter. Hantz Financial Services Inc. now owns 333 shares of the health services provider’s stock worth $27,000 after buying an additional 202 shares in the last quarter. 93.27% of the stock is owned by institutional investors and hedge funds.
About Strategic Education
Strategic Education, Inc is a publicly traded higher education services holding company headquartered in Herndon, Virginia. Through its primary operating subsidiaries, Strayer University and Capella University, the company delivers degree programs and professional development opportunities to working adults. Its offerings span undergraduate and graduate degrees, certificates, continuing education, and workforce training in fields such as business, technology, health services, education, and public administration.
Strayer University, with a network of physical campuses across the United States complemented by an online platform, provides associate’s through doctoral degrees designed to accommodate non-traditional students.
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