1 day Ago By Defense World Staff
Arrowstreet Capital Limited Partnership bought a new stake in Laureate Education, Inc. ( NASDAQ:LAUR – Free Report ) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 41,697 shares of the company’s stock, valued at approximately $763,000.
A number of other large investors have also recently made changes to their positions in the company. J.Safra Asset Management Corp lifted its stake 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 buying an additional 866 shares during the last quarter.
KBC Group NV raised its position in Laureate Education by 48.4% in the 4th quarter. KBC Group NV now owns 6,049 shares of the company’s stock valued at $111,000 after purchasing an additional 1,974 shares during the last quarter.
Parkside Financial Bank & Trust boosted its stake in Laureate Education by 10.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock worth $128,000 after purchasing an additional 673 shares during the period.
Nomura Asset Management Co. Ltd. purchased a new position in Laureate Education during the 4th quarter worth $216,000.
Finally, New York State Teachers Retirement System increased its stake in Laureate Education by 112.8% in the fourth 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 during the period.
96.27% of the stock is owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth Separately, BMO Capital Markets increased their target price on shares of 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 Price Performance Laureate Education stock opened at $19.
15 on Friday. 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 business has a 50 day simple moving average of $19.
65 and a 200-day simple moving average of $18.46. Laureate Education, Inc.
has a 12 month low of $13.26 and a 12 month high of $21.73.
The stock has a market capitalization of $2.89 billion, a PE ratio of 9.87 and a beta of 0.
43. Laureate Education ( NASDAQ:LAUR – Get Free Report ) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.
62 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.20.
The company had revenue of $423.40 million during the quarter, compared to the consensus estimate of $411.50 million.
Laureate Education had a net margin of 18.92% and a return on equity of 32.35%.
Equities analysts predict that Laureate Education, Inc. will post 1.51 earnings per share for the current year.
Insider Activity at Laureate Education In related 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 is accessible through the SEC website . 2.
32% of the stock is owned by insiders. About Laureate Education ( Free Report ) 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.
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