2U, Inc. (NASDAQ:TWOU) Shares Acquired by Capital Fund Management S.A.

Capital Fund Management S.A. lifted its holdings in shares of 2U, Inc. (NASDAQ:TWOUGet Rating) by 24.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 140,272 shares of the software maker’s stock after buying an additional 27,334 shares during the quarter. Capital Fund Management S.A. owned approximately 0.18% of 2U worth $1,863,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in TWOU. Nordea Investment Management AB raised its stake in shares of 2U by 152.3% during the 1st quarter. Nordea Investment Management AB now owns 1,120,764 shares of the software maker’s stock worth $14,760,000 after buying an additional 676,511 shares during the period. Bank of New York Mellon Corp raised its stake in 2U by 55.1% in the 1st quarter. Bank of New York Mellon Corp now owns 1,461,914 shares of the software maker’s stock valued at $19,415,000 after purchasing an additional 519,324 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its stake in 2U by 8.7% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 5,733,984 shares of the software maker’s stock valued at $76,147,000 after purchasing an additional 460,723 shares during the last quarter. Nikko Asset Management Americas Inc. raised its stake in 2U by 8.7% in the 1st quarter. Nikko Asset Management Americas Inc. now owns 5,733,984 shares of the software maker’s stock valued at $74,542,000 after purchasing an additional 460,723 shares during the last quarter. Finally, Pictet Asset Management SA raised its stake in 2U by 54.1% in the 4th quarter. Pictet Asset Management SA now owns 960,574 shares of the software maker’s stock valued at $19,279,000 after purchasing an additional 337,100 shares during the last quarter.

Analyst Upgrades and Downgrades

Several research firms recently commented on TWOU. Piper Sandler reduced their price objective on 2U from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Friday, July 29th. Macquarie downgraded 2U from an “outperform” rating to a “neutral” rating and set a $11.00 price objective for the company. in a research note on Monday, July 25th. Citigroup reduced their price objective on 2U from $40.00 to $19.00 in a research note on Friday, August 26th. Needham & Company LLC reduced their price objective on 2U from $19.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, July 29th. Finally, StockNews.com raised 2U from a “sell” rating to a “hold” rating in a research note on Friday, July 29th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $22.00.

2U Stock Down 2.2 %

Shares of NASDAQ:TWOU opened at $7.01 on Friday. The stock has a market cap of $541.31 million, a P/E ratio of -1.69 and a beta of 0.98. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.53. 2U, Inc. has a 52-week low of $6.70 and a 52-week high of $37.36. The business has a fifty day moving average of $9.62 and a two-hundred day moving average of $10.24.

2U (NASDAQ:TWOUGet Rating) last released its quarterly earnings results on Thursday, July 28th. The software maker reported ($0.39) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.46) by $0.07. The business had revenue of $241.46 million during the quarter, compared to analysts’ expectations of $254.26 million. 2U had a negative return on equity of 20.64% and a negative net margin of 32.55%. The company’s revenue was up 1.8% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.42) EPS. On average, research analysts expect that 2U, Inc. will post -1.28 earnings per share for the current year.

2U Profile

(Get Rating)

2U, Inc operates as an education technology 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.

Further Reading

Institutional Ownership by Quarter for 2U (NASDAQ:TWOU)

Receive News & Ratings for 2U Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 2U and related companies with MarketBeat.com's FREE daily email newsletter.