Cullen Capital Management LLC lessened its position in shares of Laureate Education (NASDAQ:LAUR – Free Report) by 54.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 186,590 shares of the company’s stock after selling 221,389 shares during the period. Cullen Capital Management LLC’s holdings in Laureate Education were worth $6,282,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jane Street Group LLC grew its position in Laureate Education by 54.5% during the fourth quarter. Jane Street Group LLC now owns 769,551 shares of the company’s stock valued at $25,911,000 after buying an additional 271,392 shares during the period. HRT Financial LP acquired a new stake in Laureate Education during the fourth quarter valued at $7,547,000. Cibc World Markets Corp acquired a new stake in Laureate Education during the fourth quarter valued at $283,000. Commonwealth Equity Services LLC grew its position in Laureate Education by 2.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 41,080 shares of the company’s stock valued at $1,383,000 after buying an additional 803 shares during the period. Finally, Renaissance Technologies LLC grew its position in Laureate Education by 3,193.9% during the fourth quarter. Renaissance Technologies LLC now owns 596,200 shares of the company’s stock valued at $20,074,000 after buying an additional 578,100 shares during the period. Institutional investors and hedge funds own 96.27% of the company’s stock.
Laureate Education Stock Down 3.1%
Shares of NASDAQ LAUR opened at $36.76 on Friday. The company’s 50-day simple moving average is $33.22 and its 200-day simple moving average is $33.50. Laureate Education has a 52-week low of $21.53 and a 52-week high of $38.28. The firm has a market cap of $5.15 billion, a price-to-earnings ratio of 19.35 and a beta of 0.41. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.15.
Analyst Ratings Changes
Several analysts recently commented on LAUR shares. UBS Group raised their price target on shares of Laureate Education from $37.50 to $39.00 and gave the company a “buy” rating in a research report on Friday, May 1st. JPMorgan Chase & Co. dropped their target price on shares of Laureate Education from $41.50 to $41.00 and set an “overweight” rating on the stock in a research report on Thursday, June 4th. Morgan Stanley lifted their target price on shares of Laureate Education from $32.00 to $36.50 and gave the company an “equal weight” rating in a research report on Wednesday, February 18th. Zacks Research lowered shares of Laureate Education from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 29th. Finally, Wall Street Zen lowered shares of Laureate Education from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $39.88.
Read Our Latest Stock Report on LAUR
Laureate Education Company 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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