State Board of Administration of Florida Retirement System increased its stake in Strategic Education, Inc. (NASDAQ:STRA – Get Rating) by 18.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,687 shares of the health services provider’s stock after purchasing an additional 1,823 shares during the period. State Board of Administration of Florida Retirement System’s holdings in Strategic Education were worth $718,000 as of its most recent filing with the Securities and Exchange Commission.
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A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in STRA. Clear Street Markets LLC acquired a new position in Strategic Education in the 2nd quarter worth $42,000. Wipfli Financial Advisors LLC acquired a new position in Strategic Education in the 3rd quarter worth $47,000. Allspring Global Investments Holdings LLC boosted its stake in Strategic Education by 15.9% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,135 shares of the health services provider’s stock worth $69,000 after purchasing an additional 156 shares during the period. US Bancorp DE boosted its stake in Strategic Education by 585.2% in the 1st quarter. US Bancorp DE now owns 1,295 shares of the health services provider’s stock worth $86,000 after purchasing an additional 1,106 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in Strategic Education by 16.0% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,441 shares of the health services provider’s stock worth $95,000 after purchasing an additional 199 shares during the period. 95.33% of the stock is owned by institutional investors and hedge funds.
Strategic Education Trading Down 0.2 %
Shares of NASDAQ:STRA opened at $93.00 on Monday. The company’s 50-day moving average price is $85.61 and its two-hundred day moving average price is $74.96. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.55 and a quick ratio of 1.55. Strategic Education, Inc. has a one year low of $48.01 and a one year high of $98.22. The stock has a market capitalization of $2.27 billion, a PE ratio of 44.93, a price-to-earnings-growth ratio of 1.78 and a beta of 0.58.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on STRA shares. StockNews.com raised shares of Strategic Education from a “hold” rating to a “buy” rating in a research note on Thursday, November 3rd. BMO Capital Markets boosted their price target on shares of Strategic Education from $82.00 to $88.00 in a research report on Friday, November 11th. Finally, TheStreet raised shares of Strategic Education from a “c” rating to a “b-” rating in a research report on Wednesday, February 1st.
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.
Further Reading
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