Universal Beteiligungs und Servicegesellschaft mbH Buys New Holdings in Laureate Education (NASDAQ:LAUR)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH invested $3.16 million in *Laureate Education* (NASDAQ: LAUR) by acquiring 154,603 shares in the first quarter, representing about 0.10% of the company.
• Multiple institutional investors have also increased their stakes in *Laureate Education*, with notable actions including Assenagon Asset Management's 144.7% stake increase in Q1, now totaling $7.27 million.
• Wall Street analysts recently adjusted ratings on *Laureate Education*, with BMO Capital Markets raising the price objective from $23.00 to $24.00 while lowering the stock's rating from "buy" to "hold".

Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Laureate Education (NASDAQ:LAUR - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 154,603 shares of the company's stock, valued at approximately $3,162,000. Universal Beteiligungs und Servicegesellschaft mbH owned 0.10% of Laureate Education at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brandywine Global Investment Management LLC acquired a new position in shares of Laureate Education in the fourth quarter valued at approximately $9,353,000. Renaissance Technologies LLC lifted its holdings in Laureate Education by 2,702.0% in the fourth quarter. Renaissance Technologies LLC now owns 285,800 shares of the company's stock worth $5,227,000 after acquiring an additional 275,600 shares during the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of Laureate Education by 18.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,663,351 shares of the company's stock worth $30,424,000 after acquiring an additional 263,418 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings 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 worth $7,270,000 after purchasing an additional 210,239 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its stake in Laureate Education by 378.0% during the fourth quarter. D. E. Shaw & Co. Inc. now owns 250,336 shares of the company's stock valued at $4,579,000 after buying an additional 197,964 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company's stock.

Analyst Ratings Changes

Several research firms have weighed in on LAUR. BMO Capital Markets raised their target price on 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 lowered shares of Laureate Education from a "buy" rating to a "hold" rating in a research report on Monday, July 7th.

Laureate Education Price Performance

NASDAQ:LAUR traded down $0.06 on Tuesday, hitting $22.97. The company had a trading volume of 684,590 shares, compared to its average volume of 1,199,171. Laureate Education has a 52 week low of $13.60 and a 52 week high of $24.57. The stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of 12.22 and a beta of 0.62. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.10. The firm has a 50 day moving average of $22.86 and a two-hundred day moving average of $20.92.

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.