41,697 Shares in Laureate Education, Inc. (NASDAQ:LAUR) Bought by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership acquired a new position in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 41,697 shares of the company's stock, valued at approximately $763,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its holdings in shares of Laureate Education by 0.3% during the third quarter. Geode Capital Management LLC now owns 3,185,347 shares of the company's stock valued at $52,918,000 after buying an additional 10,447 shares during the last quarter. State Street Corp raised its stake in shares of Laureate Education by 2.2% in the third quarter. State Street Corp now owns 3,116,661 shares of the company's stock worth $51,768,000 after purchasing an additional 68,122 shares during the last quarter. Boston Partners lifted its holdings in shares of Laureate Education by 5.3% during the fourth quarter. Boston Partners now owns 2,584,925 shares of the company's stock worth $47,497,000 after purchasing an additional 130,172 shares during the period. Charles Schwab Investment Management Inc. boosted its position in Laureate Education by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company's stock valued at $39,892,000 after buying an additional 35,521 shares during the last quarter. Finally, Marathon Asset Management Ltd raised its position in Laureate Education by 0.8% during the 4th quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company's stock worth $31,161,000 after buying an additional 14,110 shares during the last quarter. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

Separately, BMO Capital Markets upped their price target on shares of Laureate Education from $21.00 to $23.00 and gave the company an "outperform" rating in a report on Monday, February 24th.

Laureate Education Stock Performance

Shares of NASDAQ LAUR traded down $0.08 during midday trading on Wednesday, reaching $19.29. 323,722 shares of the stock were exchanged, compared to its average volume of 753,278. The firm has a 50-day simple moving average of $19.64 and a two-hundred day simple moving average of $18.50. Laureate Education, Inc. has a twelve month low of $13.26 and a twelve month high of $21.73. The firm has a market cap of $2.91 billion, a price-to-earnings ratio of 9.94 and a beta of 0.43. 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 - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.20. The firm 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%. As a group, analysts anticipate that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

Insider Buying and Selling 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 transaction of $9,098,917.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 2.32% of the company's stock.

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.