Dimensional Fund Advisors LP Buys 7,346 Shares of Strategic Education Inc. $STRA

Dimensional Fund Advisors LP grew its stake in shares of Strategic Education Inc. (NASDAQ:STRA) by 0.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,458,740 shares of the health services provider’s stock after purchasing an additional 7,346 shares during the period. Dimensional Fund Advisors LP owned approximately 6.45% of Strategic Education worth $121,017,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the stock. Bank of Montreal Can grew its stake in shares of Strategic Education by 62,355.4% in the 4th quarter. Bank of Montreal Can now owns 1,467,702 shares of the health services provider’s stock valued at $117,710,000 after buying an additional 1,465,352 shares during the period. State Street Corp boosted its holdings in Strategic Education by 0.8% in the fourth quarter. State Street Corp now owns 881,089 shares of the health services provider’s stock worth $70,663,000 after acquiring an additional 6,737 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Strategic Education by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 609,040 shares of the health services provider’s stock worth $48,853,000 after acquiring an additional 1,579 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Strategic Education by 3.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 351,969 shares of the health services provider’s stock valued at $28,228,000 after acquiring an additional 12,244 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its stake in Strategic Education by 27.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 332,767 shares of the health services provider’s stock valued at $28,621,000 after acquiring an additional 70,732 shares during the period. Institutional investors and hedge funds own 93.27% of the company’s stock.

Insider Transactions at Strategic Education

In other Strategic Education news, insider Christa Hokenson sold 2,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $80.00, for a total value of $160,000.00. Following the completion of the transaction, the insider owned 65,195 shares in the company, valued at $5,215,600. This trade represents a 2.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available 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.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on STRA. BMO Capital Markets upped their price objective on shares of Strategic Education from $86.00 to $91.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Zacks Research cut shares of Strategic Education from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Barrington Research reduced their price objective on shares of Strategic Education from $105.00 to $95.00 and set an “outperform” rating for the company in a report on Thursday, April 23rd. Wall Street Zen downgraded shares of Strategic Education from a “buy” rating to a “hold” rating in a research report on Wednesday, June 24th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Strategic Education in a report on Friday, July 17th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $88.67.

Strategic Education Stock Performance

Shares of STRA stock opened at $78.55 on Tuesday. Strategic Education Inc. has a 52-week low of $69.70 and a 52-week high of $87.38. The company has a 50-day simple moving average of $78.63 and a two-hundred day simple moving average of $80.13. The company has a market capitalization of $1.78 billion, a price-to-earnings ratio of 13.88, a PEG ratio of 0.70 and a beta of 0.50.

Strategic Education Profile

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.