Cerity Partners LLC Makes New $327,000 Investment in Laureate Education, Inc. (NASDAQ:LAUR)

Cerity Partners LLC acquired a new stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 18,025 shares of the company's stock, valued at approximately $327,000.

Other institutional investors have also bought and sold shares of the company. Aristides Capital LLC grew its position in shares of Laureate Education by 25.2% during the 4th quarter. Aristides Capital LLC now owns 18,034 shares of the company's stock worth $330,000 after buying an additional 3,626 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in Laureate Education in the 4th quarter valued at about $299,000. Cullen Capital Management LLC increased its holdings in shares of Laureate Education by 19.1% during the fourth quarter. Cullen Capital Management LLC now owns 905,067 shares of the company's stock valued at $16,554,000 after acquiring an additional 145,307 shares in the last quarter. Wells Fargo & Company MN grew its position in Laureate Education by 20.0% in the 4th quarter. Wells Fargo & Company MN now owns 112,136 shares of the company's stock valued at $2,051,000 after purchasing an additional 18,695 shares during the period. Finally, Resona Asset Management Co. Ltd. bought a new stake in Laureate Education during the 4th quarter valued at $441,000. Institutional investors own 96.27% of the company's stock.

Insider Buying and Selling at Laureate Education

In other news, Director Ian Kendell Snow sold 520,831 shares of Laureate Education 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 can be accessed through this link. Insiders own 1.20% of the company's stock.

Laureate Education Stock Up 0.7 %

Laureate Education stock traded up $0.13 during midday trading on Friday, hitting $19.74. 430,817 shares of the stock were exchanged, compared to its average volume of 754,441. The business's 50-day moving average price is $19.54 and its 200-day moving average price is $18.69. 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 stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of 10.18 and a beta of 0.43. Laureate Education, Inc. has a 52-week low of $13.26 and a 52-week high of $21.73.

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, beating analysts' consensus estimates of $0.42 by $0.20. The business had revenue of $423.40 million during 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%. On average, research analysts expect that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets raised their price objective 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.

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.