Asset Management One Co. Ltd. Decreases Stock Position in Laureate Education (NASDAQ:LAUR)

Asset Management One Co. Ltd. cut its position in Laureate Education (NASDAQ:LAUR - Free Report) by 17.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,057 shares of the company's stock after selling 13,260 shares during the quarter. Asset Management One Co. Ltd.'s holdings in Laureate Education were worth $1,290,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. J.Safra Asset Management Corp lifted 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. Blue Trust Inc. bought a new stake in Laureate Education during the 1st quarter valued at approximately $62,000. Avanza Fonder AB bought a new position in Laureate Education in the first quarter worth $93,000. FNY Investment Advisers LLC purchased a new position in Laureate Education during the 1st quarter valued at about $102,000. Finally, Parkside Financial Bank & Trust grew its stake in shares of Laureate Education by 10.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock worth $128,000 after buying an additional 673 shares during the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

Laureate Education Stock Up 0.6%

NASDAQ LAUR traded up $0.13 during trading on Wednesday, reaching $23.48. 874,403 shares of the company's stock traded hands, compared to its average volume of 745,281. The firm has a market cap of $3.49 billion, a price-to-earnings ratio of 12.29 and a beta of 0.62. The company's 50 day simple moving average is $22.13 and its two-hundred day simple moving average is $20.21. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.58 and a quick ratio of 0.58. Laureate Education has a 12-month low of $13.60 and a 12-month high of $23.61.

Wall Street Analyst Weigh In

Several research firms recently commented on LAUR. BMO Capital Markets increased their price objective on Laureate Education from $23.00 to $24.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. Wall Street Zen upgraded Laureate Education from a "hold" rating to a "buy" rating in a research note on Sunday.

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.