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

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

Separately, BMO Capital Markets upped their price objective on Laureate Education from $23.00 to $24.00 and gave the company an “outperform” rating in a research report on Monday, May 5th.

Laureate Education Trading Up 0.6%

Shares of NASDAQ:LAUR opened at $23.63 on Monday. The company has a market cap of $3.52 billion, a P/E ratio of 12.57 and a beta of 0.62. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.58 and a quick ratio of 0.58. Laureate Education has a 1 year low of $13.60 and a 1 year high of $23.67. The stock’s fifty day moving average price is $22.37 and its 200-day moving average price is $20.33.

Institutional Trading of Laureate Education

A number of hedge funds have recently bought and sold shares of the company. Mariner LLC increased its position in Laureate Education by 3.3% during the fourth quarter. Mariner LLC now owns 16,933 shares of the company’s stock valued at $310,000 after acquiring an additional 541 shares during the last quarter. Mackenzie Financial Corp increased its position in Laureate Education by 2.8% in the first quarter. Mackenzie Financial Corp now owns 23,513 shares of the company’s stock worth $481,000 after buying an additional 631 shares in the last quarter. SummerHaven Investment Management LLC increased its position in Laureate Education by 1.5% in the first quarter. SummerHaven Investment Management LLC now owns 52,706 shares of the company’s stock worth $1,078,000 after buying an additional 768 shares in the last quarter. Cannon Global Investment Management LLC increased its position in Laureate Education by 4.2% in the first quarter. Cannon Global Investment Management LLC now owns 19,800 shares of the company’s stock worth $405,000 after buying an additional 800 shares in the last quarter. Finally, Martingale Asset Management L P increased its position in Laureate Education by 0.7% in the fourth quarter. Martingale Asset Management L P now owns 132,170 shares of the company’s stock worth $2,417,000 after buying an additional 884 shares in the last quarter. Hedge funds and other 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.