Laureate Education (NASDAQ:LAUR) Rating Increased to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Laureate Education (NASDAQ:LAUR - Free Report) from a hold rating to a buy rating in a research report sent to investors on Sunday.

Separately, BMO Capital Markets lifted their price objective 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 Trading Up 0.1%

NASDAQ:LAUR traded up $0.02 on Friday, reaching $23.37. 339,998 shares of the company's stock were exchanged, compared to its average volume of 742,685. 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 firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of 12.45 and a beta of 0.62. The business has a fifty day moving average of $22.13 and a 200-day moving average of $20.21. Laureate Education has a 52-week low of $13.60 and a 52-week high of $23.61.

Institutional Investors Weigh In On Laureate Education

Several large investors have recently bought and sold shares of the stock. Y Intercept Hong Kong Ltd acquired a new position in shares of Laureate Education during the fourth quarter worth about $504,000. Bank of New York Mellon Corp grew its holdings in Laureate Education by 3.4% during the 4th quarter. Bank of New York Mellon Corp now owns 1,419,436 shares of the company's stock worth $25,961,000 after acquiring an additional 46,445 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in Laureate Education by 10.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock worth $128,000 after acquiring an additional 673 shares in the last quarter. Bailard Inc. increased its position in shares of Laureate Education by 11.7% in the 4th quarter. Bailard Inc. now owns 22,229 shares of the company's stock valued at $407,000 after purchasing an additional 2,329 shares during the last quarter. Finally, Marathon Asset Management Ltd raised its holdings 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 valued at $31,161,000 after purchasing an additional 14,110 shares in the last quarter. Hedge funds and other institutional investors own 96.27% of the company's stock.

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.