Wall Street Zen Downgrades Laureate Education (NASDAQ:LAUR) to Hold

Laureate Education (NASDAQ:LAUR) was downgraded by equities research analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, BMO Capital Markets lifted their price objective 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.

Laureate Education Stock Performance

Shares of LAUR stock opened at $22.48 on Friday. The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 11.96 and a beta of 0.62. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.58 and a current ratio of 0.58. Laureate Education has a 52 week low of $13.60 and a 52 week high of $23.61. The firm’s 50-day simple moving average is $21.59 and its two-hundred day simple moving average is $19.99.

Institutional Trading of Laureate Education

Several hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in shares of Laureate Education by 3.1% in the first quarter. Vanguard Group Inc. now owns 13,060,176 shares of the company’s stock valued at $267,081,000 after purchasing an additional 387,567 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Laureate Education by 1.2% in 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 period. Boston Partners raised its position in shares of Laureate Education by 5.3% in the fourth quarter. Boston Partners now owns 2,584,925 shares of the company’s stock valued at $47,497,000 after purchasing an additional 130,172 shares during the period. Charles Schwab Investment Management Inc. raised its position 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 valued at $39,892,000 after purchasing an additional 35,521 shares during the period. Finally, Invesco Ltd. raised its position in shares of Laureate Education by 22.0% in the first quarter. Invesco Ltd. now owns 2,150,013 shares of the company’s stock valued at $43,968,000 after purchasing an additional 388,143 shares during the period. 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.