Cape Ann Asset Management Ltd lowered its stake in Laureate Education (NASDAQ:LAUR – Free Report) by 20.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 734,900 shares of the company’s stock after selling 184,600 shares during the quarter. Laureate Education makes up approximately 6.7% of Cape Ann Asset Management Ltd’s investment portfolio, making the stock its 8th largest position. Cape Ann Asset Management Ltd owned approximately 0.50% of Laureate Education worth $24,744,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Handelsbanken Fonder AB increased its position in shares of Laureate Education by 0.3% in the third quarter. Handelsbanken Fonder AB now owns 137,319 shares of the company’s stock valued at $4,331,000 after acquiring an additional 359 shares during the last quarter. Envestnet Asset Management Inc. increased its position in shares of Laureate Education by 3.3% in the third quarter. Envestnet Asset Management Inc. now owns 14,053 shares of the company’s stock valued at $443,000 after acquiring an additional 455 shares during the last quarter. Verdence Capital Advisors LLC increased its position in shares of Laureate Education by 3.4% in the fourth quarter. Verdence Capital Advisors LLC now owns 17,183 shares of the company’s stock valued at $579,000 after acquiring an additional 565 shares during the last quarter. Allworth Financial LP increased its stake in shares of Laureate Education by 109.0% during the 4th quarter. Allworth Financial LP now owns 1,097 shares of the company’s stock worth $37,000 after purchasing an additional 572 shares during the last quarter. Finally, California State Teachers Retirement System increased its stake in shares of Laureate Education by 0.5% during the 2nd quarter. California State Teachers Retirement System now owns 126,399 shares of the company’s stock worth $2,955,000 after purchasing an additional 658 shares during the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.
Laureate Education Price Performance
NASDAQ:LAUR opened at $36.76 on Friday. Laureate Education has a one year low of $21.53 and a one year high of $38.28. The company has a market cap of $5.15 billion, a P/E ratio of 19.35 and a beta of 0.41. The firm’s fifty day moving average price is $33.22 and its two-hundred day moving average price is $33.50. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.57 and a quick ratio of 0.57.
Analyst Ratings Changes
Several research firms have recently weighed in on LAUR. Wall Street Zen lowered shares of Laureate Education from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. JPMorgan Chase & Co. lowered their price objective on shares of Laureate Education from $41.50 to $41.00 and set an “overweight” rating on the stock in a research note on Thursday, June 4th. Zacks Research lowered shares of Laureate Education from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 29th. Morgan Stanley boosted their price objective on shares of Laureate Education from $32.00 to $36.50 and gave the stock an “equal weight” rating in a research note on Wednesday, February 18th. Finally, Weiss Ratings lowered shares of Laureate Education from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 22nd. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $39.88.
Check Out Our Latest 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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