13,981 Shares in Strategic Education Inc. $STRA Bought by Bastion Asset Management Inc.

Bastion Asset Management Inc. purchased a new position in shares of Strategic Education Inc. (NASDAQ:STRA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,981 shares of the health services provider’s stock, valued at approximately $1,175,000. Bastion Asset Management Inc. owned 0.06% of Strategic Education at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in STRA. AQR Capital Management LLC increased its stake in shares of Strategic Education by 188.6% during the second quarter. AQR Capital Management LLC now owns 245,296 shares of the health services provider’s stock worth $20,882,000 after buying an additional 160,303 shares during the period. Lightrock Netherlands B.V. increased its position in shares of Strategic Education by 155.7% in the 3rd quarter. Lightrock Netherlands B.V. now owns 234,719 shares of the health services provider’s stock valued at $20,188,000 after purchasing an additional 142,915 shares during the last quarter. Cubist Systematic Strategies LLC purchased a new stake in shares of Strategic Education in the 2nd quarter valued at approximately $9,615,000. Cerity Partners LLC raised its holdings in shares of Strategic Education by 1,939.3% in the 2nd quarter. Cerity Partners LLC now owns 114,954 shares of the health services provider’s stock valued at $9,786,000 after purchasing an additional 109,317 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Strategic Education by 120.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 196,457 shares of the health services provider’s stock worth $16,724,000 after purchasing an additional 107,171 shares during the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.

Strategic Education Price Performance

Shares of NASDAQ:STRA opened at $75.13 on Monday. Strategic Education Inc. has a 12 month low of $72.17 and a 12 month high of $104.51. The firm has a market capitalization of $1.76 billion, a P/E ratio of 15.62, a P/E/G ratio of 0.77 and a beta of 0.55. The company’s fifty day moving average price is $81.77 and its 200 day moving average price is $80.74.

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Strategic Education in a research note on Thursday, January 22nd. Barrington Research reaffirmed an “outperform” rating and set a $105.00 price objective on shares of Strategic Education in a research report on Monday, January 26th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $99.33.

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.