Rhumbline Advisers Boosts Stock Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Rhumbline Advisers increased its stake in Laureate Education, Inc. (NASDAQ:LAUR) by 1.4% during the first quarter, according to its most recent filing with the SEC. The fund owned 196,303 shares of the company’s stock after buying an additional 2,769 shares during the quarter. Rhumbline Advisers owned 0.13% of Laureate Education worth $4,014,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its holdings in Laureate Education by 1.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,090,486 shares of the company’s stock valued at $129,683,000 after purchasing an additional 87,267 shares during the last quarter. Boston Partners grew its position in Laureate Education by 5.3% during the fourth quarter. Boston Partners now owns 2,584,925 shares of the company’s stock valued at $47,497,000 after acquiring an additional 130,172 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Laureate Education by 1.7% in 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. Invesco Ltd. grew its holdings in shares of Laureate Education by 7.4% in the fourth quarter. Invesco Ltd. now owns 1,761,870 shares of the company’s stock worth $32,225,000 after purchasing an additional 122,094 shares during the last quarter. Finally, Marathon Asset Management Ltd grew its holdings in shares of Laureate Education by 0.8% in the fourth quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company’s stock worth $31,161,000 after purchasing an additional 14,110 shares during the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Wall Street Zen upgraded shares of Laureate Education from a “hold” rating to a “buy” rating in a report on Thursday, May 22nd. BMO Capital Markets boosted their price target on Laureate Education from $23.00 to $24.00 and gave the company an “outperform” rating in a research note on Monday, May 5th.

Laureate Education Trading Up 0.3%

Shares of LAUR opened at $22.12 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. Laureate Education, Inc. has a 1 year low of $13.60 and a 1 year high of $23.61. The company has a 50 day simple moving average of $21.26 and a two-hundred day simple moving average of $19.87. The firm has a market cap of $3.29 billion, a P/E ratio of 11.40 and a beta of 0.62.

Laureate Education 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.