Mondrian Investment Partners LTD Sells 98,345 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Mondrian Investment Partners LTD trimmed its position in Laureate Education, Inc. (NASDAQ:LAUR) by 89.4% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 11,709 shares of the company’s stock after selling 98,345 shares during the quarter. Mondrian Investment Partners LTD’s holdings in Laureate Education were worth $219,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Van ECK Associates Corp increased its holdings in Laureate Education by 51.0% during the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after purchasing an additional 763 shares in the last quarter. State of New Jersey Common Pension Fund D boosted its stake in shares of Laureate Education by 9.4% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 129,815 shares of the company’s stock worth $2,156,000 after buying an additional 11,202 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of Laureate Education by 32.3% in the 3rd quarter. Victory Capital Management Inc. now owns 92,133 shares of the company’s stock worth $1,530,000 after buying an additional 22,470 shares during the last quarter. Plato Investment Management Ltd purchased a new position in shares of Laureate Education in the 3rd quarter worth approximately $147,000. Finally, KBC Group NV boosted its stake in shares of Laureate Education by 62.3% in the 3rd quarter. KBC Group NV now owns 4,075 shares of the company’s stock worth $68,000 after buying an additional 1,564 shares during the last quarter. 96.27% of the stock is owned by institutional investors.

Laureate Education Price Performance

Shares of NASDAQ LAUR opened at $18.49 on Friday. Laureate Education, Inc. has a twelve month low of $13.26 and a twelve month high of $21.73. The stock’s 50 day moving average price is $19.22 and its 200-day moving average price is $17.84. The company has a market capitalization of $2.79 billion, a PE ratio of 9.53 and a beta of 0.80. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15.

Laureate Education (NASDAQ:LAUR) last announced 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 return on equity of 32.35% and a net margin of 18.92%. The firm had revenue of $423.40 million for the quarter, compared to the consensus estimate of $411.50 million. On average, equities analysts anticipate that Laureate Education, Inc. will post 1.51 EPS for the current 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.

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.