American Century Companies Inc. Buys 23,372 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

American Century Companies Inc. grew its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 7.1% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 353,748 shares of the company's stock after buying an additional 23,372 shares during the period. American Century Companies Inc. owned approximately 0.23% of Laureate Education worth $6,470,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the company. J.Safra Asset Management Corp lifted its stake in Laureate Education by 34.4% during the fourth quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock worth $61,000 after purchasing an additional 866 shares during the period. KBC Group NV boosted its stake 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 buying an additional 1,974 shares in the last quarter. Parkside Financial Bank & Trust grew its position in Laureate Education by 10.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock valued at $128,000 after acquiring an additional 673 shares during the period. New York State Teachers Retirement System raised its stake in Laureate Education by 112.8% during the fourth quarter. New York State Teachers Retirement System now owns 12,180 shares of the company's stock worth $223,000 after acquiring an additional 6,455 shares in the last quarter. Finally, Cibc World Markets Corp bought a new stake in shares of Laureate Education in the 4th quarter worth about $223,000. Institutional investors own 96.27% of the company's stock.

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Analyst Ratings Changes

Separately, BMO Capital Markets boosted 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.

Insider Activity at Laureate Education

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of the stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $17.47, for a total value of $9,098,917.57. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 2.32% of the stock is currently owned by corporate insiders.

Laureate Education Trading Up 6.7 %

Shares of LAUR traded up $1.22 on Wednesday, reaching $19.56. 1,167,593 shares of the company's stock were exchanged, compared to its average volume of 755,162. 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 $2.95 billion, a P/E ratio of 10.08 and a beta of 0.43. 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 business has a 50 day moving average price of $19.66 and a two-hundred day moving average price of $18.43.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. Research analysts anticipate that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

Laureate Education 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.