772 Shares in Strategic Education, Inc. (NASDAQ:STRA) Acquired by Wipfli Financial Advisors LLC

Wipfli Financial Advisors LLC bought a new position in shares of Strategic Education, Inc. (NASDAQ:STRA – Get Rating) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 772 shares of the health services provider’s stock, valued at approximately $47,000.

A number of other institutional investors have also made changes to their positions in STRA. Clear Street Markets LLC bought a new position in Strategic Education during the second quarter worth about $42,000. US Bancorp DE raised its position in shares of Strategic Education by 585.2% in the 1st quarter. US Bancorp DE now owns 1,295 shares of the health services provider’s stock valued at $86,000 after acquiring an additional 1,106 shares during the period. PNC Financial Services Group Inc. increased its stake in Strategic Education by 16.0% in the first quarter. PNC Financial Services Group Inc. now owns 1,441 shares of the health services provider’s stock valued at $95,000 after purchasing an additional 199 shares in the last quarter. GHE LLC acquired a new stake in Strategic Education in the second quarter worth $142,000. Finally, KBC Group NV bought a new position in shares of Strategic Education during the second quarter worth $142,000. 95.33% of the stock is owned by institutional investors and hedge funds.

Strategic Education Stock Up 2.3 %

Shares of STRA stock opened at $89.70 on Tuesday. Strategic Education, Inc. has a 12-month low of $48.01 and a 12-month high of $89.76. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.09. The firm has a fifty day moving average of $80.99 and a 200-day moving average of $71.82. The company has a market capitalization of $2.19 billion, a price-to-earnings ratio of 43.33, a P/E/G ratio of 1.72 and a beta of 0.53.

Strategic Education (NASDAQ:STRA – Get Rating) last announced its earnings results on Thursday, November 3rd. The health services provider reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.08. Strategic Education had a net margin of 4.69% and a return on equity of 4.14%. The firm had revenue of $263.10 million during the quarter, compared to analyst estimates of $260.41 million. During the same period in the prior year, the business earned $0.59 EPS. The company’s revenue for the quarter was down 2.6% compared to the same quarter last year. As a group, equities research analysts predict that Strategic Education, Inc. will post 2.66 earnings per share for the current fiscal year.

Strategic Education Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 5th. Investors of record on Monday, November 28th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date was Friday, November 25th. Strategic Education’s dividend payout ratio is presently 115.94%.

Wall Street Analyst Weigh In

STRA has been the subject of a number of recent analyst reports. StockNews.com upgraded shares of Strategic Education from a “hold” rating to a “buy” rating in a research report on Thursday, November 3rd. BMO Capital Markets lifted their price objective on Strategic Education from $82.00 to $88.00 in a report on Friday, November 11th.

About Strategic Education

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Strategic Education, Inc, through its subsidiaries, provides education services through campus-based and online post-secondary education, and programs to develop job-ready skills. It operates through three segments: U.S. Higher Education, Australia/New Zealand, and Education Technology Services. The company operates Strayer University that offers undergraduate and graduate degree programs in business administration, accounting, information technology, education, health services administration, public administration, and criminal justice 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 an executive MBA online through its Jack Welch Management Institute.