Teacher Retirement System of Texas Reduces Position in Laureate Education (NASDAQ:LAUR)

Teacher Retirement System of Texas trimmed its holdings in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 17.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 356,720 shares of the company's stock after selling 74,097 shares during the period. Teacher Retirement System of Texas owned approximately 0.24% of Laureate Education worth $7,295,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its stake in shares of Laureate Education by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company's stock valued at $39,892,000 after purchasing an additional 35,521 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Laureate Education in the 4th quarter valued at $408,000. Assenagon Asset Management S.A. lifted its stake in shares of Laureate Education by 144.7% in the 1st quarter. Assenagon Asset Management S.A. now owns 355,513 shares of the company's stock valued at $7,270,000 after purchasing an additional 210,239 shares during the period. Northern Trust Corp lifted its stake in shares of Laureate Education by 4.7% in the 4th quarter. Northern Trust Corp now owns 1,317,529 shares of the company's stock valued at $24,098,000 after purchasing an additional 58,811 shares during the period. Finally, Susquehanna International Group LLP lifted its stake in shares of Laureate Education by 84.8% in the 4th quarter. Susquehanna International Group LLP now owns 172,313 shares of the company's stock valued at $3,152,000 after purchasing an additional 79,051 shares during the period. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

LAUR has been the subject of several recent analyst reports. Wall Street Zen lowered shares of Laureate Education from a "buy" rating to a "hold" rating in a report on Monday. 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 report on Monday, May 5th.

Laureate Education Price Performance

NASDAQ LAUR traded up $0.23 on Tuesday, hitting $24.22. The company had a trading volume of 1,983,034 shares, compared to its average volume of 755,430. The company has a market capitalization of $3.60 billion, a PE ratio of 12.88 and a beta of 0.62. The company's fifty day moving average price is $22.45 and its 200-day moving average price is $20.37. 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 $24.63.

Laureate Education Profile

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.