Laureate Education (NASDAQ:LAUR) Sets New 12-Month High - Should You Buy?

Laureate Education (NASDAQ:LAUR - Get Free Report)'s stock price hit a new 52-week high during trading on Wednesday . The company traded as high as $24.42 and last traded at $24.22, with a volume of 1983034 shares traded. The stock had previously closed at $23.99.

Analysts Set New Price Targets

A number of equities analysts have recently commented on LAUR shares. BMO Capital Markets raised their target price on shares of Laureate Education from $23.00 to $24.00 and gave the stock an "outperform" rating in a research 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.

Laureate Education Trading Down 1.7%

The firm has a market capitalization of $3.55 billion, a PE ratio of 12.69 and a beta of 0.62. The stock's 50-day moving average price is $22.61 and its 200 day moving average price is $20.42. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.58 and a quick ratio of 0.58.

Institutional Trading of Laureate Education

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Charles Schwab Investment Management Inc. boosted its position 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 purchasing an additional 35,521 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Laureate Education in the 4th quarter worth $408,000. Assenagon Asset Management S.A. boosted its position 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. Northern Trust Corp boosted its position in shares of Laureate Education by 4.7% in the 4th quarter. Northern Trust Corp now owns 1,317,529 shares of the company's stock worth $24,098,000 after purchasing an additional 58,811 shares in the last quarter. Finally, Susquehanna International Group LLP boosted its position in shares of Laureate Education by 84.8% in the 4th quarter. Susquehanna International Group LLP now owns 172,313 shares of the company's stock worth $3,152,000 after purchasing an additional 79,051 shares in the last quarter. Institutional investors own 96.27% of the company's stock.

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.