Caisse Des Depots ET Consignations Buys Shares of 101,349 Laureate Education, Inc. (NASDAQ:LAUR)

Caisse Des Depots ET Consignations purchased a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 101,349 shares of the company's stock, valued at approximately $1,854,000. Caisse Des Depots ET Consignations owned approximately 0.07% of Laureate Education at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Parkside Financial Bank & Trust increased its position in Laureate Education by 10.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock valued at $128,000 after purchasing an additional 673 shares during the period. J.Safra Asset Management Corp raised its stake in Laureate Education by 34.4% in the fourth quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock worth $61,000 after buying an additional 866 shares in the last quarter. MBM Wealth Consultants LLC lifted its holdings in Laureate Education by 6.0% during the fourth quarter. MBM Wealth Consultants LLC now owns 17,622 shares of the company's stock worth $320,000 after buying an additional 990 shares during the period. Daiwa Securities Group Inc. boosted its position in Laureate Education by 3.5% during the 4th quarter. Daiwa Securities Group Inc. now owns 47,558 shares of the company's stock valued at $870,000 after acquiring an additional 1,606 shares in the last quarter. Finally, KBC Group NV increased its holdings in shares of 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 acquiring an additional 1,974 shares during the period. Hedge funds and other institutional investors own 96.27% of the company's stock.

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Wall Street Analyst Weigh In

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

Insider Buying and Selling

In related news, Director Ian Kendell Snow sold 520,831 shares of the business's stock in a transaction 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 filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 2.32% of the company's stock.

Laureate Education Stock Up 1.4 %

Shares of NASDAQ LAUR traded up $0.29 during trading hours on Tuesday, hitting $20.74. 211,884 shares of the stock were exchanged, compared to its average volume of 740,389. The company has a market cap of $3.13 billion, a PE ratio of 10.68 and a beta of 0.80. Laureate Education, Inc. has a 12 month low of $13.26 and a 12 month high of $21.73. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15. The firm has a fifty day moving average price of $19.53 and a 200-day moving average price of $18.27.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.42 by $0.20. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. The firm had revenue of $423.40 million during the quarter, compared to analyst estimates of $411.50 million. On average, sell-side analysts expect that Laureate Education, Inc. will post 1.51 EPS for the current 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.