Laureate Education (NASDAQ:LAUR) Shares Acquired by Ritholtz Wealth Management

Ritholtz Wealth Management lifted its holdings in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 114.4% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,543 shares of the company's stock after purchasing an additional 23,763 shares during the quarter. Ritholtz Wealth Management's holdings in Laureate Education were worth $911,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. J.Safra Asset Management Corp boosted its position in shares of Laureate Education by 34.4% in the fourth 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. Avanza Fonder AB acquired a new stake in shares of Laureate Education in the first quarter worth approximately $93,000. Parkside Financial Bank & Trust boosted its position in shares of Laureate Education by 10.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock worth $128,000 after acquiring an additional 673 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Laureate Education by 1,875.1% in the 1st quarter. GAMMA Investing LLC now owns 6,340 shares of the company's stock valued at $130,000 after purchasing an additional 6,019 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. acquired a new position in shares of Laureate Education in the 4th quarter valued at $216,000. Institutional investors and hedge funds own 96.27% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on LAUR shares. BMO Capital Markets lifted 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. Wall Street Zen cut Laureate Education from a "buy" rating to a "hold" rating in a report on Saturday.

Laureate Education Trading Down 0.0%

Shares of NASDAQ LAUR traded down $0.01 during midday trading on Friday, hitting $22.48. The stock had a trading volume of 1,744,569 shares, compared to its average volume of 746,084. The company has a market capitalization of $3.35 billion, a price-to-earnings ratio of 11.96 and a beta of 0.62. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.10. Laureate Education has a 1-year low of $13.60 and a 1-year high of $23.61. The company has a fifty day moving average price of $21.59 and a 200 day moving average price of $20.00.

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.