Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires 15,559 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 9.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 179,255 shares of the company's stock after acquiring an additional 15,559 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.12% of Laureate Education worth $3,279,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Parkside Financial Bank & Trust raised its holdings in Laureate Education by 10.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock valued at $128,000 after buying an additional 673 shares during the last quarter. J.Safra Asset Management Corp lifted its holdings in shares of Laureate Education by 34.4% during the fourth quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock worth $61,000 after purchasing an additional 866 shares during the period. MBM Wealth Consultants LLC grew its stake in shares of Laureate Education by 6.0% in the fourth quarter. MBM Wealth Consultants LLC now owns 17,622 shares of the company's stock worth $320,000 after purchasing an additional 990 shares during the last quarter. KBC Group NV raised its position in Laureate Education by 62.3% during 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 last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in Laureate Education by 3.5% during the 4th quarter. Daiwa Securities Group Inc. now owns 47,558 shares of the company's stock worth $870,000 after buying an additional 1,606 shares during the period. Institutional investors and hedge funds own 96.27% of the company's stock.

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Analysts Set New Price Targets

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

Laureate Education Trading Up 3.0 %

NASDAQ LAUR traded up $0.60 during mid-day trading on Thursday, reaching $20.66. 1,109,955 shares of the stock were exchanged, compared to its average volume of 710,235. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a market cap of $3.12 billion, a P/E ratio of 10.65 and a beta of 0.80. The stock has a 50 day simple moving average of $19.43 and a 200-day simple moving average of $18.13. Laureate Education, Inc. has a one year low of $13.26 and a one year high of $21.73.

Laureate Education (NASDAQ:LAUR - Get Free Report) last announced its 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 company had revenue of $423.40 million for the quarter, compared to analyst estimates of $411.50 million. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. On average, analysts anticipate that Laureate Education, Inc. will post 1.51 EPS for the current year.

Insider Activity

In other news, Director Ian Kendell Snow sold 520,831 shares of the stock in a transaction dated 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 legal filing with the SEC, which is accessible through the SEC website. 2.32% of the stock is currently owned by company insiders.

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.