Charles Schwab Investment Management Inc. Increases Stake in Laureate Education, Inc. (NASDAQ:LAUR)

Charles Schwab Investment Management Inc. lifted its position in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 1.7% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 2,181,073 shares of the company's stock after acquiring an additional 35,521 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.45% of Laureate Education worth $39,892,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in LAUR. KBC Group NV boosted its stake in Laureate Education by 62.3% in the 3rd quarter. KBC Group NV now owns 4,075 shares of the company's stock worth $68,000 after purchasing an additional 1,564 shares during the period. Parkside Financial Bank & Trust boosted its stake in Laureate Education by 10.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock worth $128,000 after purchasing an additional 673 shares during the period. Plato Investment Management Ltd bought a new position in Laureate Education in the 3rd quarter worth about $147,000. 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. Finally, XTX Topco Ltd purchased a new stake in shares of Laureate Education in the 3rd quarter valued at about $296,000. Institutional investors own 96.27% of the company's stock.

Wall Street Analyst Weigh In

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

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Laureate Education Price Performance

Shares of NASDAQ:LAUR traded down $0.02 on Tuesday, hitting $19.30. The company's stock had a trading volume of 811,416 shares, compared to its average volume of 699,931. The company has a 50-day simple moving average of $19.28 and a 200 day simple moving average of $17.95. Laureate Education, Inc. has a 1 year low of $13.26 and a 1 year high of $21.73. The company has a market capitalization of $2.91 billion, a PE ratio of 9.95 and a beta of 0.80. 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 (NASDAQ:LAUR - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.62 earnings per share 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 analysts' expectations of $411.50 million. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. Sell-side analysts forecast that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

Insider Activity at Laureate Education

In related news, Director Ian Kendell Snow sold 520,831 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $17.47, for a total transaction of $9,098,917.57. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.32% of the stock is currently owned by insiders.

Laureate Education Company 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.