Assenagon Asset Management S.A. Grows Position in Laureate Education (NASDAQ:LAUR)

Assenagon Asset Management S.A. raised its holdings in Laureate Education (NASDAQ:LAUR - Free Report) by 144.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 355,513 shares of the company's stock after acquiring an additional 210,239 shares during the quarter. Assenagon Asset Management S.A. owned 0.24% of Laureate Education worth $7,270,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Mariner LLC grew its position in Laureate Education by 3.3% in the fourth quarter. Mariner LLC now owns 16,933 shares of the company's stock worth $310,000 after buying an additional 541 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Laureate Education by 10.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock worth $128,000 after acquiring an additional 673 shares in the last quarter. J.Safra Asset Management Corp grew its holdings in shares of Laureate Education by 34.4% in the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock worth $61,000 after acquiring an additional 866 shares during the last quarter. Martingale Asset Management L P raised its position in shares of Laureate Education by 0.7% during the fourth quarter. Martingale Asset Management L P now owns 132,170 shares of the company's stock worth $2,417,000 after purchasing an additional 884 shares during the period. Finally, MetLife Investment Management LLC raised its position in shares of Laureate Education by 1.9% during the fourth quarter. MetLife Investment Management LLC now owns 78,363 shares of the company's stock worth $1,433,000 after purchasing an additional 1,475 shares during the period. 96.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Wall Street Zen raised Laureate Education from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. BMO Capital Markets raised their target price on shares of Laureate Education from $23.00 to $24.00 and gave the stock an "outperform" rating in a report on Monday, May 5th.

Laureate Education Stock Up 0.2%

NASDAQ:LAUR traded up $0.05 during trading hours on Wednesday, hitting $22.50. 352,281 shares of the stock traded hands, compared to its average volume of 767,862. The firm has a 50 day moving average price of $21.40 and a 200 day moving average price of $19.92. The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 11.97 and a beta of 0.62. Laureate Education has a fifty-two week low of $13.60 and a fifty-two week high of $23.61. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.10.

About Laureate Education

Laureate Education, Inc, together with its subsidiaries, offers higher education programs and services to students through a network of universities and higher education institutions. The company provides a range of undergraduate and graduate degree programs in the areas of business and management, medicine and health sciences, and engineering and information technology through campus-based, online, and hybrid programs.