Teacher Retirement System of Texas Lowers Holdings in Laureate Education (NASDAQ:LAUR)

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

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Mariner LLC raised its holdings in Laureate Education by 3.3% in the 4th quarter. Mariner LLC now owns 16,933 shares of the company's stock worth $310,000 after acquiring an additional 541 shares during the last quarter. SummerHaven Investment Management LLC grew its holdings in shares of Laureate Education by 1.5% in the first quarter. SummerHaven Investment Management LLC now owns 52,706 shares of the company's stock worth $1,078,000 after acquiring an additional 768 shares during the period. Cannon Global Investment Management LLC grew its holdings in shares of Laureate Education by 4.2% in the first quarter. Cannon Global Investment Management LLC now owns 19,800 shares of the company's stock worth $405,000 after acquiring an additional 800 shares during the period. Martingale Asset Management L P lifted its position in Laureate Education by 0.7% during the fourth quarter. Martingale Asset Management L P now owns 132,170 shares of the company's stock valued at $2,417,000 after purchasing an additional 884 shares in the last quarter. Finally, MetLife Investment Management LLC lifted its position in Laureate Education by 1.9% during the fourth quarter. MetLife Investment Management LLC now owns 78,363 shares of the company's stock valued at $1,433,000 after purchasing an additional 1,475 shares in the last quarter. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Laureate Education Trading Up 0.6%

NASDAQ LAUR traded up $0.15 during trading hours on Friday, hitting $23.63. 525,105 shares of the company were exchanged, compared to its average volume of 746,777. The stock has a 50-day moving average price of $22.37 and a 200 day moving average price of $20.31. 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 52 week low of $13.60 and a 52 week high of $23.67. The stock has a market cap of $3.52 billion, a PE ratio of 12.57 and a beta of 0.62.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on LAUR. Wall Street Zen upgraded Laureate Education from a "hold" rating to a "buy" rating in a research report on Sunday, June 29th. BMO Capital Markets lifted their target price on Laureate Education from $23.00 to $24.00 and gave the stock an "outperform" rating in a report on Monday, May 5th.

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.