Laureate Education, Inc. (NASDAQ:LAUR) Position Lessened by Cape Ann Asset Management Ltd

Cape Ann Asset Management Ltd cut its stake in Laureate Education, Inc. (NASDAQ:LAUR) by 9.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 951,700 shares of the company’s stock after selling 96,600 shares during the quarter. Laureate Education comprises about 11.0% of Cape Ann Asset Management Ltd’s portfolio, making the stock its 6th biggest position. Cape Ann Asset Management Ltd owned approximately 0.63% of Laureate Education worth $17,407,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Asset Management One Co. Ltd. grew its stake in Laureate Education by 21.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 76,317 shares of the company’s stock worth $1,390,000 after buying an additional 13,540 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Laureate Education by 3.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,145,552 shares of the company’s stock worth $35,638,000 after buying an additional 80,570 shares during the last quarter. Burney Co. purchased a new position in Laureate Education during the 4th quarter worth $666,000. KBC Group NV grew its stake in Laureate Education by 48.4% during the 4th quarter. KBC Group NV now owns 6,049 shares of the company’s stock worth $111,000 after buying an additional 1,974 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new position in Laureate Education during the 4th quarter worth $310,000. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Laureate Education Stock Up 0.3 %

Shares of LAUR stock opened at $19.99 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. The stock’s fifty day moving average price is $19.07 and its 200 day moving average price is $17.64. The company has a market cap of $3.01 billion, a price-to-earnings ratio of 10.30 and a beta of 0.84. Laureate Education, Inc. has a 1-year low of $13.26 and a 1-year high of $21.73.

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

Analyst Ratings Changes

Separately, BMO Capital Markets boosted their target price on Laureate Education from $21.00 to $23.00 and gave the stock an “outperform” rating in a research note 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.