Fiera Capital Corp Buys 282,901 Shares of Laureate Education (NASDAQ:LAUR)

Key Points

• Fiera Capital Corp increased its stake in Laureate Education by 43.4%, owning about 0.62% of the company, valued at approximately $19.13 million as of their latest SEC filing.
• Several institutional investors have also adjusted their positions in Laureate Education, with notable increases by Assenagon Asset Management and Cerity Partners.
• Analysts have mixed opinions on Laureate Education, with BMO Capital Markets raising its price target from $23.00 to $24.00, while Wall Street Zen downgraded it from a "buy" to a "hold" rating.

Fiera Capital Corp grew its stake in Laureate Education (NASDAQ:LAUR - Free Report) by 43.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 935,239 shares of the company's stock after purchasing an additional 282,901 shares during the period. Fiera Capital Corp owned about 0.62% of Laureate Education worth $19,126,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of LAUR. Blue Trust Inc. bought a new position in shares of Laureate Education in the first quarter worth about $62,000. Avanza Fonder AB bought a new stake in shares of Laureate Education during the first quarter worth approximately $93,000. CWM LLC grew its holdings in Laureate Education by 260.1% during the first quarter. CWM LLC now owns 4,901 shares of the company's stock valued at $100,000 after purchasing an additional 3,540 shares during the period. FNY Investment Advisers LLC acquired a new position in Laureate Education during the first quarter valued at approximately $102,000. Finally, GAMMA Investing LLC boosted its holdings in shares of Laureate Education by 1,875.1% in the first quarter. GAMMA Investing LLC now owns 6,340 shares of the company's stock valued at $130,000 after buying an additional 6,019 shares during the period. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Laureate Education Stock Performance

NASDAQ LAUR traded down $0.14 on Wednesday, hitting $22.83. 1,143,704 shares of the stock were exchanged, compared to its average volume of 1,191,500. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.58 and a quick ratio of 0.58. The business's fifty day moving average is $22.87 and its 200 day moving average is $20.93. Laureate Education has a 52 week low of $13.60 and a 52 week high of $24.57. The company has a market capitalization of $3.40 billion, a PE ratio of 12.14 and a beta of 0.62.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on LAUR shares. Wall Street Zen cut shares of Laureate Education from a "buy" rating to a "hold" rating in a report on Monday, July 7th. BMO Capital Markets upped their price target on shares of Laureate Education from $23.00 to $24.00 and gave the company an "outperform" rating in a report on Monday, May 5th.

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.