Robeco Institutional Asset Management B.V. purchased a new stake in Laureate Education (NASDAQ:LAUR – Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 58,407 shares of the company’s stock, valued at approximately $1,366,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Mackenzie Financial Corp grew its stake in Laureate Education by 2.8% in the 1st quarter. Mackenzie Financial Corp now owns 23,513 shares of the company’s stock valued at $481,000 after buying an additional 631 shares during the last quarter. SummerHaven Investment Management LLC boosted its holdings in Laureate Education by 1.4% in the 2nd quarter. SummerHaven Investment Management LLC now owns 53,448 shares of the company’s stock valued at $1,250,000 after purchasing an additional 742 shares during the period. Cannon Global Investment Management LLC boosted its holdings in Laureate Education by 4.2% in the 1st quarter. Cannon Global Investment Management LLC now owns 19,800 shares of the company’s stock valued at $405,000 after purchasing an additional 800 shares during the period. Nisa Investment Advisors LLC boosted its holdings in Laureate Education by 4.7% in the 1st quarter. Nisa Investment Advisors LLC now owns 22,290 shares of the company’s stock valued at $456,000 after purchasing an additional 998 shares during the period. Finally, KLP Kapitalforvaltning AS boosted its holdings in Laureate Education by 2.5% in the 1st quarter. KLP Kapitalforvaltning AS now owns 52,500 shares of the company’s stock valued at $1,074,000 after purchasing an additional 1,300 shares during the period. Institutional investors and hedge funds own 96.27% of the company’s stock.
Laureate Education Price Performance
LAUR stock opened at $29.43 on Wednesday. The company has a 50 day simple moving average of $27.69 and a 200 day simple moving average of $23.83. The stock has a market cap of $4.34 billion, a price-to-earnings ratio of 17.31 and a beta of 0.63. Laureate Education has a 1 year low of $15.15 and a 1 year high of $31.74. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.75 and a quick ratio of 0.75.
Analyst Ratings Changes
LAUR has been the subject of a number of recent research reports. UBS Group initiated coverage on shares of Laureate Education in a report on Friday, September 19th. They issued a “buy” rating and a $35.00 price objective for the company. Weiss Ratings reissued a “buy (b)” rating on shares of Laureate Education in a report on Saturday, September 27th. Zacks Research cut shares of Laureate Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. Finally, Wall Street Zen cut shares of Laureate Education from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 20th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $29.50.
Check Out Our Latest Stock Report on Laureate Education
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.
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