Laureate Education (NASDAQ:LAUR - Get Free Report)'s stock price hit a new 52-week high on Wednesday . The stock traded as high as $24.42 and last traded at $24.22, with a volume of 1983034 shares. The stock had previously closed at $23.99.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on LAUR shares. Wall Street Zen cut shares of Laureate Education from a "buy" rating to a "hold" rating in a research note on Monday. BMO Capital Markets raised 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.
Get Our Latest Report on LAUR
Laureate Education Stock Performance
The business's fifty day moving average is $22.61 and its two-hundred day moving average is $20.42. 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 $3.50 billion, a PE ratio of 12.55 and a beta of 0.62.
Hedge Funds Weigh In On Laureate Education
Large investors have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. lifted its position in shares of 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 purchasing an additional 35,521 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Laureate Education during the fourth quarter worth $408,000. AlphaQuest LLC bought a new stake in shares of Laureate Education during the fourth quarter worth $414,000. Daiwa Securities Group Inc. lifted its position in shares of Laureate Education by 3.5% during the fourth quarter. Daiwa Securities Group Inc. now owns 47,558 shares of the company's stock worth $870,000 after purchasing an additional 1,606 shares during the last quarter. Finally, Cibc World Markets Corp bought a new stake in shares of Laureate Education during the fourth quarter worth $223,000. 96.27% of the stock is owned by hedge funds and other institutional investors.
About Laureate Education
(
Get 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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