Wall Street Zen Upgrades Laureate Education (NASDAQ:LAUR) to “Buy”

Wall Street Zen upgraded shares of Laureate Education (NASDAQ:LAUR) from a hold rating to a buy rating in a research report released on Sunday morning.

Separately, BMO Capital Markets boosted their price objective on Laureate Education from $23.00 to $24.00 and gave the stock an “outperform” rating in a research report on Monday, May 5th.

Laureate Education Stock Performance

Shares of Laureate Education stock opened at $23.35 on Friday. Laureate Education has a one year low of $13.60 and a one year high of $23.61. The company has a market cap of $3.47 billion, a PE ratio of 12.42 and a beta of 0.62. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.58 and a current ratio of 0.58. The business has a 50-day simple moving average of $22.13 and a 200-day simple moving average of $20.21.

Hedge Funds Weigh In On Laureate Education

Institutional investors and hedge funds have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its stake in Laureate Education by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company’s stock worth $39,892,000 after purchasing an additional 35,521 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Laureate Education during the fourth quarter worth approximately $408,000. Northern Trust Corp lifted its stake in Laureate Education by 4.7% during the fourth quarter. Northern Trust Corp now owns 1,317,529 shares of the company’s stock worth $24,098,000 after purchasing an additional 58,811 shares during the last quarter. Susquehanna International Group LLP lifted its stake in Laureate Education by 84.8% during the fourth quarter. Susquehanna International Group LLP now owns 172,313 shares of the company’s stock worth $3,152,000 after purchasing an additional 79,051 shares during the last quarter. Finally, Assenagon Asset Management S.A. lifted its stake in Laureate Education by 144.7% during the first quarter. Assenagon Asset Management S.A. now owns 355,513 shares of the company’s stock worth $7,270,000 after purchasing an additional 210,239 shares during the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

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.