Teacher Retirement System of Texas lessened 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 institutional investor 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 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. Blue Trust Inc. acquired a new stake in Laureate Education during the 1st quarter worth approximately $62,000. Avanza Fonder AB acquired a new stake in shares of Laureate Education in the 1st quarter valued at $93,000. FNY Investment Advisers LLC acquired a new stake in shares of Laureate Education in the 1st quarter valued at $102,000. GAMMA Investing LLC raised 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 in the last quarter. Finally, Nomura Asset Management Co. Ltd. acquired a new stake in shares of Laureate Education in the 4th quarter valued at $216,000. 96.27% of the stock is currently owned by institutional investors and hedge funds.
Laureate Education Price Performance
Shares of NASDAQ LAUR traded down $0.12 during midday trading on Wednesday, reaching $24.10. 683,291 shares of the company traded hands, compared to its average volume of 755,241. The firm has a market cap of $3.59 billion, a PE ratio of 12.81 and a beta of 0.62. The stock's 50-day simple moving average is $22.53 and its 200-day simple moving average is $20.39. Laureate Education has a 12 month low of $13.60 and a 12 month high of $24.56. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.58 and a current ratio of 0.58.
Wall Street Analysts Forecast Growth
Several analysts have recently weighed in on the stock. BMO Capital Markets lifted their target price 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 shares of Laureate Education from a "buy" rating to a "hold" rating in a report on Monday.
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Laureate Education Company Profile
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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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