Loomis Sayles & Co. L P Has $32.55 Million Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Loomis Sayles & Co. L P decreased its position in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 3.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,779,602 shares of the company’s stock after selling 55,547 shares during the quarter. Loomis Sayles & Co. L P’s holdings in Laureate Education were worth $32,549,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. J.Safra Asset Management Corp raised its position in Laureate Education by 34.4% in the fourth quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company’s stock valued at $61,000 after purchasing an additional 866 shares during the last quarter. KBC Group NV increased its stake in shares of Laureate Education by 48.4% in the fourth quarter. KBC Group NV now owns 6,049 shares of the company’s stock valued at $111,000 after buying an additional 1,974 shares during the period. Parkside Financial Bank & Trust raised its holdings in Laureate Education by 10.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock valued at $128,000 after buying an additional 673 shares during the last quarter. New York State Teachers Retirement System boosted its position in Laureate Education by 112.8% during the 4th quarter. New York State Teachers Retirement System now owns 12,180 shares of the company’s stock worth $223,000 after buying an additional 6,455 shares during the period. Finally, Cibc World Markets Corp bought a new stake in Laureate Education during the 4th quarter worth approximately $223,000. Institutional investors own 96.27% of the company’s stock.

Insider Buying and Selling

In related news, Director Ian Kendell Snow sold 520,831 shares of the company’s stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $17.47, for a total transaction of $9,098,917.57. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.32% of the stock is owned by insiders.

Laureate Education Trading Up 3.0 %

Shares of LAUR stock opened at $20.66 on Friday. Laureate Education, Inc. has a 1-year low of $13.26 and a 1-year high of $21.73. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. The stock has a market cap of $3.12 billion, a price-to-earnings ratio of 10.65 and a beta of 0.80. The stock has a 50-day moving average of $19.46 and a 200-day moving average of $18.15.

Laureate Education (NASDAQ:LAUR) last announced its earnings results on Thursday, February 20th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.42 by $0.20. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. The business had revenue of $423.40 million for the quarter, compared to analysts’ expectations of $411.50 million. On average, equities research analysts forecast that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets raised their price target on shares of Laureate Education from $21.00 to $23.00 and gave the company an “outperform” rating in a research note on Monday, February 24th.

About Laureate Education

Laureate Education, Inc, together with its subsidiaries, offers higher education programs and services to students through a network of universities and higher education institutions. The company provides 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.