2U (NASDAQ:TWOU) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of 2U (NASDAQ:TWOU) in a research note issued to investors on Friday morning. The brokerage issued a hold rating on the software maker’s stock.

Separately, Needham & Company LLC reaffirmed a hold rating on shares of 2U in a research note on Friday, July 26th. Seven equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, 2U presently has an average rating of Hold and a consensus target price of $54.00.

2U Price Performance

Shares of NASDAQ:TWOU opened at $1.58 on Friday. The firm has a 50 day simple moving average of $4.00 and a 200 day simple moving average of $8.88. The company has a market cap of $4.43 million, a price-to-earnings ratio of 0.00 and a beta of 0.81. 2U has a one year low of $1.05 and a one year high of $135.60. The company has a debt-to-equity ratio of 5.33, a current ratio of 0.91 and a quick ratio of 0.91.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. SG Americas Securities LLC raised its stake in 2U by 45.4% during the 4th quarter. SG Americas Securities LLC now owns 82,317 shares of the software maker’s stock worth $101,000 after buying an additional 25,710 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of 2U by 6.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 836,251 shares of the software maker’s stock valued at $1,029,000 after purchasing an additional 50,366 shares in the last quarter. Los Angeles Capital Management LLC boosted its position in shares of 2U by 65.6% during the fourth quarter. Los Angeles Capital Management LLC now owns 356,261 shares of the software maker’s stock valued at $438,000 after buying an additional 141,119 shares during the last quarter. Vestmark Advisory Solutions Inc. bought a new stake in 2U during the fourth quarter worth $399,000. Finally, BNP Paribas Financial Markets raised its position in 2U by 49.0% in the 4th quarter. BNP Paribas Financial Markets now owns 1,331,482 shares of the software maker’s stock valued at $1,638,000 after buying an additional 438,007 shares during the last quarter. 80.53% of the stock is owned by institutional investors.

About 2U

2U, Inc operates as an online education platform company in the United States and internationally. The company operates through two segments, Degree Program and Alternative Credential. The Degree Program segment provides the technology and services to nonprofit colleges and universities to enable the online delivery of degree programs.