Villere St Denis J & Co LLC Decreased 2U INC (TWOU) Holding by $43.51 Million; Market Value Rose

June 24, 2018 - By Darrin Black

2U, Inc. (NASDAQ:TWOU) Logo

Villere St Denis J & Co Llc decreased its stake in 2U Inc (TWOU) by 35.38% based on its latest 2018Q1 regulatory filing with the SEC. Villere St Denis J & Co Llc sold 517,970 shares as the company’s stock rose 14.01% while stock markets declined. The institutional investor held 945,859 shares of the technology company at the end of 2018Q1, valued at $79.48 million, down from 1.46M at the end of the previous reported quarter. Villere St Denis J & Co Llc who had been investing in 2U Inc for a number of months, seems to be less bullish one the $5.01B market cap company. The stock decreased 2.72% or $2.45 during the last trading session, reaching $87.6. About 3.88 million shares traded or 463.88% up from the average. 2U, Inc. (NASDAQ:TWOU) has risen 110.46% since June 24, 2017 and is uptrending. It has outperformed by 97.89% the S&P500.

Villere St Denis J & Co Llc, which manages about $3.49 billion and $1.68B US Long portfolio, upped its stake in First Hawaiian Inc by 292,947 shares to 2.26 million shares, valued at $62.97M in 2018Q1, according to the filing. It also increased its holding in Kraft Heinz Co by 51,950 shares in the quarter, for a total of 171,140 shares, and has risen its stake in Apache Corp (NYSE:APA).

Analysts await 2U, Inc. (NASDAQ:TWOU) to report earnings on August, 6. They expect $-0.40 EPS, down 60.00 % or $0.15 from last year’s $-0.25 per share. After $-0.25 actual EPS reported by 2U, Inc. for the previous quarter, Wall Street now forecasts 60.00 % negative EPS growth.

More recent 2U, Inc. (NASDAQ:TWOU) news were published by: Prnewswire.com which released: “2U, Inc. and Baylor University Expand Their Partnership to Deliver Speech@Baylor, a New Online Master’s Degree in …” on June 21, 2018. Also Fool.com published the news titled: “Why 2U, Inc. Stock Jumped 17.8% in May” on June 14, 2018. Seekingalpha.com‘s news article titled: “2U agrees to acquire Critiqueit, Inc.” with publication date: June 21, 2018 was also an interesting one.

2U, Inc. (NASDAQ:TWOU) Ratings Coverage

Among 8 analysts covering 2U Inc (NASDAQ:TWOU), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. 2U Inc has $103 highest and $70.0 lowest target. $96.88’s average target is 10.59% above currents $87.6 stock price. 2U Inc had 15 analyst reports since January 8, 2018 according to SRatingsIntel. On Tuesday, February 27 the stock rating was maintained by Credit Suisse with “Outperform”. Barrington maintained the shares of TWOU in report on Friday, May 4 with “Buy” rating. As per Tuesday, January 30, the company rating was maintained by KeyBanc Capital Markets. The rating was maintained by BMO Capital Markets with “Outperform” on Monday, June 4. The rating was maintained by Credit Suisse with “Buy” on Monday, March 26. On Tuesday, March 27 the stock rating was initiated by Goldman Sachs with “Hold”. KeyBanc Capital Markets maintained it with “Overweight” rating and $90 target in Tuesday, February 27 report. Robert W. Baird maintained the shares of TWOU in report on Tuesday, February 27 with “Buy” rating. Needham maintained 2U, Inc. (NASDAQ:TWOU) on Friday, May 4 with “Buy” rating. The stock of 2U, Inc. (NASDAQ:TWOU) has “Buy” rating given on Wednesday, January 17 by BMO Capital Markets.

2U, Inc. (NASDAQ:TWOU) Ratings Chart

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