First Pacific Advisors LP cut its stake in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 41.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 426,781 shares of the company's stock after selling 299,274 shares during the quarter. First Pacific Advisors LP owned 0.28% of Laureate Education worth $8,728,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. Blue Trust Inc. purchased a new position in Laureate Education during the 1st quarter worth approximately $62,000. Avanza Fonder AB purchased a new position in Laureate Education during the 1st quarter worth approximately $93,000. CWM LLC grew its position in Laureate Education by 260.1% during the 1st quarter. CWM LLC now owns 4,901 shares of the company's stock worth $100,000 after purchasing an additional 3,540 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in Laureate Education during the 1st quarter worth approximately $102,000. Finally, GAMMA Investing LLC grew its position in Laureate Education by 1,875.1% during the 1st quarter. GAMMA Investing LLC now owns 6,340 shares of the company's stock worth $130,000 after purchasing an additional 6,019 shares in the last quarter. 96.27% of the stock is owned by institutional investors.
Laureate Education Stock Up 1.1%
Shares of Laureate Education stock traded up $0.26 on Friday, hitting $23.27. 673,347 shares of the company traded hands, compared to its average volume of 1,292,861. The company has a 50-day moving average price of $22.85 and a 200 day moving average price of $20.85. 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 12-month low of $13.60 and a 12-month high of $24.57. The company has a market cap of $3.46 billion, a PE ratio of 12.38 and a beta of 0.62.
Wall Street Analyst Weigh In
LAUR has been the topic of several research analyst reports. Wall Street Zen cut shares of Laureate Education from a "buy" rating to a "hold" rating in a research report on Monday, July 7th. BMO Capital Markets boosted 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.
Check Out Our Latest Report on LAUR
About Laureate Education
(
Free Report)
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.
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