Van Lanschot Kempen Investment Management N.V. Has $27.77 Million Position in Strategic Education Inc. $STRA

Van Lanschot Kempen Investment Management N.V. lowered its position in Strategic Education Inc. (NASDAQ:STRA) by 24.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 346,230 shares of the health services provider’s stock after selling 113,365 shares during the period. Van Lanschot Kempen Investment Management N.V.’s holdings in Strategic Education were worth $27,768,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Orion Porfolio Solutions LLC lifted its holdings 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 valued at $806,000 after acquiring an additional 129 shares during the period. ProShare Advisors LLC lifted its holdings in shares of Strategic Education by 3.0% during the fourth quarter. ProShare Advisors LLC now owns 4,538 shares of the health services provider’s stock valued at $364,000 after acquiring an additional 133 shares during the period. Allworth Financial LP lifted its holdings in shares of Strategic Education by 88.5% during the third quarter. Allworth Financial LP now owns 294 shares of the health services provider’s stock valued at $25,000 after acquiring an additional 138 shares during the period. Osaic Holdings Inc. lifted 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 valued at $33,000 after acquiring an additional 178 shares during the period. Finally, Hantz Financial Services Inc. lifted 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 valued at $27,000 after acquiring an additional 202 shares during the period. Institutional investors and hedge funds own 93.27% of the company’s stock.

Insider Activity

In other news, insider Christa Hokenson sold 2,000 shares of Strategic Education stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $80.00, for a total transaction of $160,000.00. Following the transaction, the insider owned 65,195 shares in the company, valued at $5,215,600. The trade was a 2.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Lizette Benedi Herraiz sold 2,982 shares of Strategic Education stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $79.88, for a total value of $238,202.16. Following the transaction, the general counsel owned 55,580 shares in the company, valued at $4,439,730.40. This trade represents a 5.09% decrease in their position. The disclosure for this sale is available in the SEC filing. 3.60% of the stock is currently owned by company insiders.

Strategic Education Trading Down 3.1%

Strategic Education stock opened at $77.41 on Friday. The firm has a market capitalization of $1.75 billion, a P/E ratio of 13.68, a PEG ratio of 0.74 and a beta of 0.51. Strategic Education Inc. has a 1 year low of $69.70 and a 1 year high of $88.50. The business has a 50-day moving average of $79.77 and a 200-day moving average of $80.50.

Strategic Education (NASDAQ:STRA) last posted its earnings results on Thursday, April 23rd. The health services provider reported $1.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.51 by ($0.09). The company had revenue of $305.93 million for the quarter, compared to analyst estimates of $329.81 million. Strategic Education had a return on equity of 8.78% and a net margin of 10.21%.Strategic Education’s quarterly revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.30 earnings per share. Research analysts anticipate that Strategic Education Inc. will post 7.2 EPS for the current fiscal year.

Strategic Education Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Friday, May 22nd were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Friday, May 22nd. Strategic Education’s payout ratio is presently 42.40%.

Wall Street Analysts Forecast Growth

STRA has been the subject of a number of research reports. Barrington Research lowered their target price on Strategic Education from $105.00 to $95.00 and set an “outperform” rating for the company in a research note on Thursday, April 23rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Strategic Education in a research report on Tuesday, April 21st. BMO Capital Markets decreased their target price on Strategic Education from $95.00 to $86.00 and set an “outperform” rating for the company in a research report on Monday, April 27th. Wall Street Zen lowered Strategic Education from a “buy” rating to a “hold” rating in a research report on Monday, June 8th. Finally, Truist Financial decreased their target price on Strategic Education from $85.00 to $80.00 and set a “hold” rating for the company in a research report on Monday, April 27th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Strategic Education currently has a consensus rating of “Hold” and a consensus price target of $87.00.

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.