Cerity Partners LLC Raises Position in Laureate Education (NASDAQ:LAUR)

Cerity Partners LLC lifted its stake in Laureate Education (NASDAQ:LAUR) by 43.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 25,838 shares of the company’s stock after buying an additional 7,813 shares during the period. Cerity Partners LLC’s holdings in Laureate Education were worth $528,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Nisa Investment Advisors LLC lifted its stake in shares of Laureate Education by 4.7% in the first quarter. Nisa Investment Advisors LLC now owns 22,290 shares of the company’s stock worth $456,000 after acquiring an additional 998 shares in the last quarter. Cannon Global Investment Management LLC lifted its stake in shares of 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 acquiring an additional 800 shares in the last quarter. Marathon Asset Management Ltd lifted its stake in shares of Laureate Education by 6.6% in the first quarter. Marathon Asset Management Ltd now owns 1,816,234 shares of the company’s stock worth $37,142,000 after acquiring an additional 112,492 shares in the last quarter. Blue Trust Inc. acquired a new position in shares of Laureate Education in the first quarter worth about $62,000. Finally, Wolf Group Capital Advisors acquired a new position in shares of Laureate Education in the first quarter worth about $1,268,000. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Analysts Set New Price Targets

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

Laureate Education Trading Up 1.1%

Shares of NASDAQ LAUR opened at $23.27 on Friday. The stock’s 50 day moving average price is $22.85 and its two-hundred day moving average price is $20.85. Laureate Education has a 52-week low of $13.60 and a 52-week high of $24.57. The stock has a market capitalization of $3.46 billion, a P/E ratio of 12.38 and a beta of 0.62. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 0.10.

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.