Laureate Education (NASDAQ:LAUR) Lowered to "Hold" Rating by Wall Street Zen

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

Separately, BMO Capital Markets lifted 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 Stock Up 0.1%

LAUR traded up $0.02 during trading hours on Friday, hitting $23.05. 533,007 shares of the company's stock were exchanged, compared to its average volume of 745,864. The stock's 50-day moving average is $21.67 and its two-hundred day moving average is $20.04. Laureate Education has a 1-year low of $13.60 and a 1-year high of $23.61. 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 cap of $3.43 billion, a price-to-earnings ratio of 12.26 and a beta of 0.62.

Hedge Funds Weigh In On Laureate Education

Large investors have recently made changes to their positions in the stock. Union Bancaire Privee UBP SA bought a new position in shares of Laureate Education in the fourth quarter valued at approximately $15,057,000. Allspring Global Investments Holdings LLC bought a new position in shares of Laureate Education during the 4th quarter valued at $310,000. New York State Teachers Retirement System increased its holdings in shares of Laureate Education by 112.8% in the fourth quarter. New York State Teachers Retirement System now owns 12,180 shares of the company's stock worth $223,000 after buying an additional 6,455 shares during the period. Y Intercept Hong Kong Ltd bought a new stake in Laureate Education in the fourth quarter valued at approximately $504,000. Finally, Bank of New York Mellon Corp boosted its position 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 valued at $25,961,000 after buying an additional 46,445 shares during the period. 96.27% of the stock is owned by institutional investors.

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.