Arizona State Retirement System grew its holdings in Laureate Education, Inc. (NASDAQ:LAUR – Free Report) by 2.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,499 shares of the company’s stock after acquiring an additional 783 shares during the period. Arizona State Retirement System’s holdings in Laureate Education were worth $560,000 as of its most recent SEC filing.
Several other large investors also recently added to or reduced their stakes in LAUR. Fourth Sail Capital LP boosted its holdings in shares of Laureate Education by 109.3% during the 1st quarter. Fourth Sail Capital LP now owns 2,122,092 shares of the company’s stock worth $30,919,000 after buying an additional 1,108,142 shares during the period. Swedbank AB acquired a new position in Laureate Education in the 1st quarter valued at $11,241,000. First Pacific Advisors LP grew its stake in Laureate Education by 32.5% in the 1st quarter. First Pacific Advisors LP now owns 813,781 shares of the company’s stock valued at $11,857,000 after buying an additional 199,423 shares during the last quarter. Alberta Investment Management Corp grew its stake in Laureate Education by 33.4% in the 4th quarter. Alberta Investment Management Corp now owns 766,580 shares of the company’s stock valued at $10,510,000 after buying an additional 191,998 shares during the last quarter. Finally, Harbor Capital Advisors Inc. grew its stake in Laureate Education by 218.5% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 268,412 shares of the company’s stock valued at $4,010,000 after buying an additional 184,139 shares during the last quarter. 96.27% of the stock is owned by institutional investors.
Laureate Education Price Performance
Shares of Laureate Education stock opened at $16.67 on Tuesday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.76 and a quick ratio of 0.76. Laureate Education, Inc. has a fifty-two week low of $12.45 and a fifty-two week high of $17.60. The firm has a fifty day moving average price of $15.07 and a two-hundred day moving average price of $14.82. The company has a market cap of $2.54 billion, a PE ratio of 22.53 and a beta of 0.81.
Wall Street Analysts Forecast Growth
Separately, Morgan Stanley lowered shares of Laureate Education from an “overweight” rating to an “equal weight” rating and set a $17.00 target price on the stock. in a research note on Friday, July 26th.
Read Our Latest Stock Analysis on Laureate Education
Laureate Education 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.
Read More
- Five stocks we like better than Laureate Education
- What Makes a Stock a Good Dividend Stock?
- Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible
- Stock Market Upgrades: What Are They?
- Roblox’s Growth Beyond Kids: Stock Set for Major Moves
- What is the FTSE 100 index?
- 5 Oversold Stocks to Buy Right Now
Receive News & Ratings for Laureate Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Laureate Education and related companies with MarketBeat.com's FREE daily email newsletter.