Laureate Education, Inc. (NASDAQ:LAUR) Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp grew its holdings in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 3.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,419,436 shares of the company's stock after purchasing an additional 46,445 shares during the period. Bank of New York Mellon Corp owned approximately 0.94% of Laureate Education worth $25,961,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Van ECK Associates Corp raised its holdings in shares of Laureate Education by 51.0% in the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company's stock valued at $36,000 after buying an additional 763 shares during the period. KBC Group NV grew its position in 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. New York State Teachers Retirement System purchased a new stake in Laureate Education during the third quarter worth about $95,000. Plato Investment Management Ltd purchased a new stake in Laureate Education during the third quarter worth about $147,000. Finally, Creative Planning acquired a new stake in shares of Laureate Education during the third quarter worth about $181,000. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

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Laureate Education Stock Down 1.3 %

Shares of LAUR traded down $0.25 during mid-day trading on Thursday, reaching $18.50. The company's stock had a trading volume of 238,196 shares, compared to its average volume of 715,797. 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, Inc. has a 12-month low of $13.26 and a 12-month high of $21.73. The stock has a market cap of $2.79 billion, a PE ratio of 9.53 and a beta of 0.80. The company's 50 day moving average is $19.21 and its 200 day moving average is $17.83.

Laureate Education (NASDAQ:LAUR - Get Free Report) last released its quarterly earnings data 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 net margin of 18.92% and a return on equity of 32.35%. The company had revenue of $423.40 million for the quarter, compared to analysts' expectations of $411.50 million. Equities analysts anticipate that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

About Laureate Education

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.