Laureate Education, Inc. (NASDAQ:LAUR) Holdings Decreased by Premier Fund Managers Ltd

Premier Fund Managers Ltd lessened its stake in Laureate Education, Inc. (NASDAQ:LAUR) by 10.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,737 shares of the company’s stock after selling 930 shares during the period. Premier Fund Managers Ltd’s holdings in Laureate Education were worth $140,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. J.Safra Asset Management Corp raised its position in shares of Laureate Education by 34.4% during the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company’s stock worth $61,000 after buying an additional 866 shares in the last quarter. KBC Group NV increased its stake in shares of Laureate Education by 48.4% during the fourth quarter. KBC Group NV now owns 6,049 shares of the company’s stock valued at $111,000 after acquiring an additional 1,974 shares during the period. Parkside Financial Bank & Trust raised its holdings in Laureate Education by 10.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock worth $128,000 after purchasing an additional 673 shares in the last quarter. Nomura Asset Management Co. Ltd. acquired a new stake in Laureate Education in the fourth quarter worth approximately $216,000. Finally, New York State Teachers Retirement System boosted its stake 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 valued at $223,000 after purchasing an additional 6,455 shares in the last quarter. Institutional investors own 96.27% of the company’s stock.

Insider Buying and Selling

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of the firm’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $17.47, for a total value of $9,098,917.57. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.32% of the company’s stock.

Laureate Education Price Performance

Shares of NASDAQ LAUR opened at $20.45 on Friday. Laureate Education, Inc. has a twelve month low of $13.26 and a twelve month 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 firm has a 50-day moving average of $19.50 and a two-hundred day moving average of $18.19. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 10.54 and a beta of 0.80.

Laureate Education (NASDAQ:LAUR) last issued its earnings results on Thursday, February 20th. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.20. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. The firm had revenue of $423.40 million during the quarter, compared to analysts’ expectations of $411.50 million. As a group, analysts expect that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

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

Laureate Education Company Profile

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.