Capula Management Ltd cut its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 68.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,314 shares of the company's stock after selling 38,310 shares during the quarter. Capula Management Ltd's holdings in Laureate Education were worth $317,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of LAUR. J.Safra Asset Management Corp boosted its position in shares of Laureate Education by 34.4% in the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock valued at $61,000 after purchasing an additional 866 shares during the period. KBC Group NV increased its position in shares of Laureate Education by 48.4% in the fourth quarter. KBC Group NV now owns 6,049 shares of the company's stock worth $111,000 after acquiring an additional 1,974 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of Laureate Education by 10.7% during 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. Nomura Asset Management Co. Ltd. purchased a new stake in shares of Laureate Education in the 4th quarter valued at approximately $216,000. Finally, New York State Teachers Retirement System boosted its stake in Laureate Education by 112.8% in the 4th quarter. New York State Teachers Retirement System now owns 12,180 shares of the company's stock worth $223,000 after purchasing an additional 6,455 shares during the period. 96.27% of the stock is currently owned by institutional investors and hedge funds.
Laureate Education Stock Up 0.7 %
NASDAQ:LAUR traded up $0.14 on Friday, hitting $19.15. 682,187 shares of the company's stock traded hands, compared to its average volume of 755,684. The company has a market cap of $2.89 billion, a PE ratio of 9.87 and a beta of 0.43. 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 firm has a 50-day moving average price of $19.65 and a 200-day moving average price of $18.47.
Laureate Education (NASDAQ:LAUR - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.62 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 the consensus estimate of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. Equities analysts anticipate that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Separately, BMO Capital Markets boosted their target price on shares of Laureate Education from $21.00 to $23.00 and gave the company an "outperform" rating in a research note on Monday, February 24th.
Check Out Our Latest Report on Laureate Education
Insider Buying and Selling
In related news, Director Ian Kendell Snow sold 520,831 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total value of $9,098,917.57. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.32% of the stock is owned by corporate insiders.
About Laureate Education
(
Free Report)
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.
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