Laureate Education (NASDAQ:LAUR) Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas lowered its stake in Laureate Education (NASDAQ:LAUR - Free Report) by 17.2% during the first quarter, according to the company in its most recent disclosure 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 reporting period.

A number of other institutional investors have also modified their holdings of LAUR. Dimensional Fund Advisors LP grew its holdings in Laureate Education by 1.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,090,486 shares of the company's stock worth $129,683,000 after acquiring an additional 87,267 shares during the period. Boston Partners grew its holdings in Laureate Education by 5.3% during the fourth quarter. Boston Partners now owns 2,584,925 shares of the company's stock worth $47,497,000 after acquiring an additional 130,172 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in Laureate Education by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company's stock worth $39,892,000 after acquiring an additional 35,521 shares during the period. Marathon Asset Management Ltd grew its holdings in Laureate Education by 6.6% during the first quarter. Marathon Asset Management Ltd now owns 1,816,234 shares of the company's stock worth $37,142,000 after acquiring an additional 112,492 shares during the period. Finally, Invesco Ltd. grew its holdings in Laureate Education by 7.4% during the fourth quarter. Invesco Ltd. now owns 1,761,870 shares of the company's stock worth $32,225,000 after acquiring an additional 122,094 shares during the period. Institutional investors and hedge funds own 96.27% of the company's stock.

Laureate Education Price Performance

Shares of LAUR traded up $0.35 during trading hours on Monday, reaching $23.99. 1,706,757 shares of the company traded hands, compared to its average volume of 750,634. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.10. The stock has a market capitalization of $3.57 billion, a PE ratio of 12.44 and a beta of 0.62. Laureate Education has a fifty-two week low of $13.60 and a fifty-two week high of $25.07. The stock has a fifty day simple moving average of $22.37 and a 200 day simple moving average of $20.33.

Wall Street Analyst Weigh In

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

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.