Zacks Investment Research upgraded shares of Laureate Education (NASDAQ:LAUR – Get Rating) from a strong sell rating to a hold rating in a research report report published on Wednesday morning, Zacks.com reports.
According to Zacks, “Laureate Education, Inc. is a degree-granting higher education institutions. The company offers high-quality undergraduate, graduate and specialized programs. Laureate Education, Inc. is headquartered in Baltimore, Maryland. “
Shares of NASDAQ LAUR opened at $11.33 on Wednesday. Laureate Education has a twelve month low of $9.41 and a twelve month high of $19.02. The firm has a market cap of $2.02 billion, a P/E ratio of 10.12 and a beta of 0.83. The company has a 50 day moving average of $11.94 and a 200 day moving average of $12.13. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.09.
In other Laureate Education news, COO Marcelo Cardoso sold 37,779 shares of the business’s stock in a transaction on Friday, March 11th. The shares were sold at an average price of $12.26, for a total transaction of $463,170.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Eilif Serck-Hanssen sold 173,761 shares of the business’s stock in a transaction on Wednesday, March 9th. The shares were sold at an average price of $12.01, for a total transaction of $2,086,869.61. The disclosure for this sale can be found here. 2.44% of the stock is owned by insiders.
A number of institutional investors and hedge funds have recently made changes to their positions in LAUR. Counterpoint Mutual Funds LLC purchased a new stake in Laureate Education during the 4th quarter valued at $31,000. Maverick Capital Ltd. purchased a new stake in Laureate Education during the 4th quarter valued at $64,000. Daiwa Securities Group Inc. grew its position in shares of Laureate Education by 34.0% during the 4th quarter. Daiwa Securities Group Inc. now owns 7,100 shares of the company’s stock valued at $87,000 after acquiring an additional 1,800 shares during the period. UBS Group AG grew its position in shares of Laureate Education by 3,860.3% during the 3rd quarter. UBS Group AG now owns 5,584 shares of the company’s stock valued at $95,000 after acquiring an additional 5,443 shares during the period. Finally, Gladius Capital Management LP bought a new stake in shares of Laureate Education during the 1st quarter valued at $96,000.
About Laureate Education (Get Rating)
Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through a network of universities and higher education institutions. The company offers 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.
- Get a free copy of the StockNews.com research report on Laureate Education (LAUR)
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