Alberta Investment Management Corp Purchases 208,572 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Alberta Investment Management Corp boosted its stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 32.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 849,008 shares of the company's stock after acquiring an additional 208,572 shares during the quarter. Alberta Investment Management Corp owned 0.56% of Laureate Education worth $15,528,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LAUR. Nisa Investment Advisors LLC raised its holdings in shares of Laureate Education by 3.2% in the third quarter. Nisa Investment Advisors LLC now owns 22,174 shares of the company's stock valued at $368,000 after purchasing an additional 682 shares during the last quarter. Van ECK Associates Corp grew its position in Laureate Education by 51.0% in the third quarter. Van ECK Associates Corp now owns 2,259 shares of the company's stock valued at $36,000 after purchasing an additional 763 shares in the last quarter. Asset Management One Co. Ltd. lifted its position in Laureate Education by 1.4% during the 3rd quarter. Asset Management One Co. Ltd. now owns 62,777 shares of the company's stock worth $1,043,000 after buying an additional 896 shares in the last quarter. MBM Wealth Consultants LLC boosted its stake in shares of Laureate Education by 6.0% during the 4th quarter. MBM Wealth Consultants LLC now owns 17,622 shares of the company's stock worth $320,000 after buying an additional 990 shares during the last quarter. Finally, KBC Group NV grew its holdings 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 valued at $68,000 after acquiring an additional 1,564 shares in the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

Laureate Education Stock Performance

LAUR stock traded down $1.37 during trading hours on Friday, reaching $19.60. The stock had a trading volume of 1,306,585 shares, compared to its average volume of 637,047. Laureate Education, Inc. has a fifty-two week low of $12.59 and a fifty-two week high of $21.73. The stock has a market capitalization of $2.95 billion, a PE ratio of 12.41 and a beta of 0.84. The stock has a 50-day simple moving average of $18.90 and a 200 day simple moving average of $17.35. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63.

Laureate Education (NASDAQ:LAUR - Get Free Report) last announced its quarterly 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 27.13% and a net margin of 15.76%. The firm had revenue of $423.40 million for the quarter, compared to the consensus estimate of $411.50 million. Analysts predict that Laureate Education, Inc. will post 1.54 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets upped their target price on Laureate Education from $17.00 to $20.00 and gave the stock an "outperform" rating in a report on Friday, November 1st.

Insider Buying and Selling

In other Laureate Education news, Director Corro Pedro Del sold 25,000 shares of Laureate Education stock in a transaction on Monday, November 25th. The shares were sold at an average price of $19.58, for a total transaction of $489,500.00. Following the completion of the transaction, the director now directly owns 29,686 shares of the company's stock, valued at $581,251.88. The trade was a 45.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.32% of the stock is owned by insiders.

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.