Edmond DE Rothschild Holding S.A. lessened its position in shares of Strategic Education, Inc. (NASDAQ:STRA – Get Rating) by 19.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 287,087 shares of the health services provider’s stock after selling 70,576 shares during the period. Edmond DE Rothschild Holding S.A. owned 1.17% of Strategic Education worth $17,630,000 at the end of the most recent reporting period.
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Other institutional investors have also recently made changes to their positions in the company. Rice Hall James & Associates LLC raised its stake in shares of Strategic Education by 3.2% during the 1st quarter. Rice Hall James & Associates LLC now owns 276,273 shares of the health services provider’s stock valued at $18,339,000 after purchasing an additional 8,438 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Strategic Education by 3.1% during the 1st quarter. Bank of New York Mellon Corp now owns 420,922 shares of the health services provider’s stock valued at $27,940,000 after purchasing an additional 12,646 shares during the period. US Bancorp DE raised its stake in shares of Strategic Education by 585.2% during the 1st quarter. US Bancorp DE now owns 1,295 shares of the health services provider’s stock valued at $86,000 after purchasing an additional 1,106 shares during the period. Citigroup Inc. raised its stake in shares of Strategic Education by 9.7% during the 1st quarter. Citigroup Inc. now owns 19,819 shares of the health services provider’s stock valued at $1,316,000 after purchasing an additional 1,746 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in shares of Strategic Education by 16.0% during the 1st 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 during the period. Hedge funds and other institutional investors own 95.33% of the company’s stock.
Strategic Education Trading Down 4.1 %
Shares of STRA stock opened at $93.82 on Tuesday. The stock has a market capitalization of $2.29 billion, a PE ratio of 45.32, a P/E/G ratio of 1.88 and a beta of 0.58. Strategic Education, Inc. has a 1-year low of $48.01 and a 1-year high of $98.22. The business has a 50-day moving average of $84.64 and a 200 day moving average of $74.32. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.55 and a quick ratio of 1.55.
Wall Street Analyst Weigh In
STRA has been the topic of a number of research analyst reports. TheStreet upgraded Strategic Education from a “c” rating to a “b-” rating in a research note on Wednesday, February 1st. BMO Capital Markets upped their target price on Strategic Education from $82.00 to $88.00 in a research note on Friday, November 11th. Finally, StockNews.com upgraded Strategic Education from a “hold” rating to a “buy” rating in a research note on Thursday, November 3rd.
About Strategic Education
Strategic Education, Inc engages in the provision of educational services. It operates through the following segments: Strayer University, Capella University, and Non-Degree Programs. The Strayer University segment includes programs offered through the Jack Welch Management Institute. The company was founded in 1892 and is headquartered in Herndon, VA.
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