Boston Partners Grows Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Boston Partners raised its holdings in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 5.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,584,925 shares of the company's stock after purchasing an additional 130,172 shares during the period. Boston Partners owned about 1.72% of Laureate Education worth $47,497,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in LAUR. Geode Capital Management LLC raised its position in shares of Laureate Education by 0.3% during the 3rd quarter. Geode Capital Management LLC now owns 3,185,347 shares of the company's stock worth $52,918,000 after purchasing an additional 10,447 shares during the last quarter. State Street Corp raised its holdings in shares of Laureate Education by 2.2% during the third quarter. State Street Corp now owns 3,116,661 shares of the company's stock valued at $51,768,000 after acquiring an additional 68,122 shares during the last quarter. Swedbank AB raised its holdings in shares of Laureate Education by 225.8% during the third quarter. Swedbank AB now owns 2,513,300 shares of the company's stock valued at $41,746,000 after acquiring an additional 1,741,800 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of 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 acquiring an additional 35,521 shares in the last quarter. Finally, Marathon Asset Management Ltd boosted its stake in shares of Laureate Education by 0.8% in the fourth quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company's stock worth $31,161,000 after acquiring an additional 14,110 shares during the last quarter. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Remove Ads

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets increased their price objective on Laureate Education from $21.00 to $23.00 and gave the company an "outperform" rating in a research note on Monday, February 24th.

Laureate Education Trading Up 3.0 %

NASDAQ:LAUR traded up $0.57 during trading hours on Monday, hitting $19.88. The company had a trading volume of 805,531 shares, compared to its average volume of 707,426. Laureate Education, Inc. has a 1 year low of $13.26 and a 1 year high of $21.73. 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 company has a 50-day moving average of $19.33 and a 200 day moving average of $18.05. The company has a market cap of $3.00 billion, a P/E ratio of 10.25 and a beta of 0.80.

Laureate Education (NASDAQ:LAUR - Get Free Report) last released 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 firm had revenue of $423.40 million for the quarter, compared to analyst estimates of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. Sell-side analysts expect that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Ian Kendell Snow sold 520,831 shares of the company's stock in a transaction that occurred on 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 document filed with the SEC, which can be accessed through this hyperlink. 2.32% of the stock is owned by insiders.

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.