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

StockNews.com began coverage on shares of 2U (NASDAQ:TWOU) in a report released on Monday. The brokerage issued a hold rating on the software maker’s stock.

TWOU has been the topic of several other reports. Morgan Stanley lowered their price objective on 2U from $2.00 to $1.00 and set an equal weight rating on the stock in a research report on Tuesday, February 13th. Needham & Company LLC restated a hold rating on shares of 2U in a research report on Friday, May 3rd. Nine research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to MarketBeat, the stock has an average rating of Hold and a consensus target price of $4.31.

2U Stock Performance

Shares of TWOU opened at $0.33 on Monday. The company has a debt-to-equity ratio of 5.33, a current ratio of 0.91 and a quick ratio of 0.91. 2U has a one year low of $0.23 and a one year high of $4.81. The firm has a market capitalization of $27.65 million, a P/E ratio of -0.08 and a beta of 0.93. The business has a fifty day moving average of $0.33 and a 200 day moving average of $0.73.

Institutional Trading of 2U

Hedge funds and other institutional investors have recently made changes to their positions in the business. Principal Financial Group Inc. acquired a new stake in 2U during the 3rd quarter worth about $28,000. Los Angeles Capital Management LLC boosted its holdings in 2U by 37.2% in the 3rd quarter. Los Angeles Capital Management LLC now owns 215,142 shares of the software maker’s stock worth $531,000 after buying an additional 58,331 shares during the last quarter. Jump Financial LLC acquired a new stake in 2U in the 3rd quarter worth about $47,000. Barclays PLC boosted its holdings in 2U by 131.3% in the 3rd quarter. Barclays PLC now owns 126,320 shares of the software maker’s stock worth $312,000 after buying an additional 71,696 shares during the last quarter. Finally, New York State Common Retirement Fund boosted its holdings in 2U by 33.6% in the 3rd quarter. New York State Common Retirement Fund now owns 38,422 shares of the software maker’s stock worth $95,000 after buying an additional 9,671 shares during the last quarter. Hedge funds and other institutional investors own 80.53% of the company’s stock.

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.