Bank of New York Mellon Corp Has $28.37 Million Stock Holdings in Laureate Education (NASDAQ:LAUR)

Bank of New York Mellon Corp lowered its position in shares of Laureate Education (NASDAQ:LAUR) by 2.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,387,401 shares of the company’s stock after selling 32,035 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.92% of Laureate Education worth $28,372,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Raymond James Financial Inc. bought a new position in shares of Laureate Education in the 4th quarter valued at about $408,000. Assenagon Asset Management S.A. lifted its stake in Laureate Education by 144.7% in the first quarter. Assenagon Asset Management S.A. now owns 355,513 shares of the company’s stock valued at $7,270,000 after buying an additional 210,239 shares in the last quarter. Northern Trust Corp lifted its stake in Laureate Education by 4.7% in the fourth quarter. Northern Trust Corp now owns 1,317,529 shares of the company’s stock valued at $24,098,000 after buying an additional 58,811 shares in the last quarter. Susquehanna International Group LLP raised its holdings in shares of Laureate Education by 84.8% in the fourth quarter. Susquehanna International Group LLP now owns 172,313 shares of the company’s stock valued at $3,152,000 after purchasing an additional 79,051 shares during the last quarter. Finally, Jefferies Financial Group Inc. acquired a new stake in shares of Laureate Education in the fourth quarter valued at approximately $2,573,000. Institutional investors and hedge funds own 96.27% of the company’s stock.

Laureate Education Stock Up 0.3%

Shares of NASDAQ LAUR opened at $23.70 on Thursday. The stock has a 50-day moving average price of $22.76 and a two-hundred day moving average price of $20.60. Laureate Education has a 12 month low of $13.60 and a 12 month high of $24.42. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 0.10. The company has a market cap of $3.53 billion, a price-to-earnings ratio of 12.61 and a beta of 0.62.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on LAUR shares. BMO Capital Markets boosted their target price on shares of Laureate Education from $23.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, May 5th. Wall Street Zen cut shares of Laureate Education from a “buy” rating to a “hold” rating in a research report on Monday, July 7th.

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.