Allspring Global Investments Holdings LLC Invests $310,000 in Laureate Education, Inc. (NASDAQ:LAUR)

Allspring Global Investments Holdings LLC acquired a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 16,932 shares of the company's stock, valued at approximately $310,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Van ECK Associates Corp increased its position 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. KBC Group NV increased its position in Laureate Education by 62.3% during the 3rd quarter. KBC Group NV now owns 4,075 shares of the company's stock worth $68,000 after purchasing an additional 1,564 shares in the last quarter. New York State Teachers Retirement System purchased a new stake in Laureate Education during the 3rd quarter worth about $95,000. Plato Investment Management Ltd purchased a new stake in Laureate Education during the 3rd quarter worth about $147,000. Finally, Creative Planning purchased a new stake in Laureate Education during the 3rd quarter worth about $181,000. Hedge funds and other institutional investors own 96.27% of the company's stock.

Laureate Education Trading Up 0.4 %

LAUR traded up $0.07 during midday trading on Friday, hitting $19.93. The company's stock had a trading volume of 1,406,643 shares, compared to its average volume of 691,411. 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 market cap of $3.00 billion, a P/E ratio of 10.27 and a beta of 0.84. The firm has a 50-day moving average price of $19.03 and a two-hundred day moving average price of $17.56. Laureate Education, Inc. has a 52-week low of $13.26 and a 52-week high of $21.73.

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Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.42 by $0.20. The company had revenue of $423.40 million during the quarter, compared to analysts' expectations 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 anticipate that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets lifted their price objective on Laureate Education from $21.00 to $23.00 and gave the stock 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.