Alliancebernstein L.P. increased its stake in Laureate Education (NASDAQ:LAUR – Free Report) by 1,060.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,101,074 shares of the company’s stock after purchasing an additional 4,661,417 shares during the period. Alliancebernstein L.P. owned 3.46% of Laureate Education worth $160,888,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. AQR Capital Management LLC boosted its position in Laureate Education by 48.7% during the 1st quarter. AQR Capital Management LLC now owns 156,668 shares of the company’s stock valued at $3,204,000 after purchasing an additional 51,337 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Laureate Education by 3.0% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 98,173 shares of the company’s stock valued at $2,008,000 after acquiring an additional 2,838 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Laureate Education by 7.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 407,255 shares of the company’s stock valued at $8,328,000 after acquiring an additional 27,978 shares during the period. Jane Street Group LLC grew its position in shares of Laureate Education by 179.4% during the first quarter. Jane Street Group LLC now owns 163,912 shares of the company’s stock worth $3,352,000 after acquiring an additional 105,247 shares during the last quarter. Finally, Intech Investment Management LLC increased its holdings in shares of Laureate Education by 20.0% in the 1st quarter. Intech Investment Management LLC now owns 66,933 shares of the company’s stock worth $1,369,000 after acquiring an additional 11,170 shares during the period. Institutional investors and hedge funds own 96.27% of the company’s stock.
Laureate Education Trading Down 1.1%
Shares of NASDAQ:LAUR opened at $33.90 on Tuesday. The company has a 50 day moving average of $34.26 and a 200-day moving average of $31.88. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.06. The firm has a market cap of $4.84 billion, a P/E ratio of 17.66 and a beta of 0.59. Laureate Education has a twelve month low of $17.91 and a twelve month high of $37.91.
Analyst Upgrades and Downgrades
Several research analysts have commented on LAUR shares. Morgan Stanley upped their target price on shares of Laureate Education from $32.00 to $36.50 and gave the stock an “equal weight” rating in a research report on Wednesday, February 18th. Wall Street Zen cut Laureate Education from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Zacks Research upgraded Laureate Education from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. JPMorgan Chase & Co. increased their price objective on Laureate Education from $40.00 to $41.50 and gave the stock an “overweight” rating in a report on Wednesday, March 11th. Finally, BMO Capital Markets raised their target price on Laureate Education from $36.00 to $40.00 and gave the company an “outperform” rating in a research report on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $38.88.
Read Our Latest Stock Report on LAUR
Laureate Education Profile
Laureate Education, Inc (NASDAQ: LAUR) is a leading global network of higher education institutions dedicated to providing undergraduate, graduate and certificate programs to a diverse student body. The company designs and delivers academic offerings through a combination of campus-based and online platforms, focusing on fields such as business, health sciences, engineering, education and hospitality management. By aligning its curriculum with regional workforce needs, Laureate aims to equip students with practical skills and industry insights that support career advancement and lifelong learning.
Through its network, Laureate operates a broad portfolio of universities and colleges, including both longstanding campus institutions and digitally native programs.
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