Union Bancaire Privee UBP SA Reduces Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Union Bancaire Privee UBP SA lessened its position in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 9.9% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 737,156 shares of the company's stock after selling 81,073 shares during the period. Union Bancaire Privee UBP SA owned approximately 0.49% of Laureate Education worth $15,230,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its stake in shares of Laureate Education by 1.2% in the 4th 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 lifted its stake in shares of Laureate Education by 5.3% in the 4th 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. 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 worth $39,892,000 after acquiring an additional 35,521 shares during the period. Invesco Ltd. lifted its stake in shares of Laureate Education by 7.4% in the 4th 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. Finally, Marathon Asset Management Ltd lifted its stake in shares of Laureate Education by 0.8% in the 4th quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company's stock worth $31,161,000 after acquiring an additional 14,110 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 $0.07 during trading hours on Friday, reaching $22.12. The company had a trading volume of 677,416 shares, compared to its average volume of 740,948. The firm has a 50 day simple moving average of $21.26 and a 200-day simple moving average of $19.88. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $3.29 billion, a price-to-earnings ratio of 11.40 and a beta of 0.62. Laureate Education, Inc. has a 12-month low of $13.60 and a 12-month high of $23.61.

Analyst Upgrades and Downgrades

Several analysts have recently commented on LAUR shares. Wall Street Zen upgraded shares of Laureate Education from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd. BMO Capital Markets increased their price target 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.

Laureate Education Company 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.