Teacher Retirement System of Texas Has $7.30 Million Stake in Laureate Education (NASDAQ:LAUR)

Teacher Retirement System of Texas cut its stake in Laureate Education (NASDAQ:LAUR - Free Report) by 17.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 356,720 shares of the company's stock after selling 74,097 shares during the period. Teacher Retirement System of Texas owned 0.24% of Laureate Education worth $7,295,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. 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. FNY Investment Advisers LLC bought a new stake in shares of Laureate Education during the first quarter worth approximately $102,000. GAMMA Investing LLC raised its stake in shares of Laureate Education by 1,875.1% during the first quarter. GAMMA Investing LLC now owns 6,340 shares of the company's stock worth $130,000 after buying an additional 6,019 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. bought a new stake in shares of Laureate Education during the fourth quarter worth approximately $216,000. 96.27% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

Laureate Education Trading Up 0.2%

Shares of LAUR traded up $0.04 on Wednesday, reaching $24.26. 1,288,277 shares of the company's stock were exchanged, compared to its average volume of 758,249. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $3.61 billion, a P/E ratio of 12.90 and a beta of 0.62. The business has a 50 day moving average price of $22.61 and a two-hundred day moving average price of $20.42. Laureate Education has a 12 month low of $13.60 and a 12 month high of $24.42.

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.