19,019 Shares in Laureate Education, Inc. (NASDAQ:LAUR) Bought by Elo Mutual Pension Insurance Co

Elo Mutual Pension Insurance Co acquired a new position in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 19,019 shares of the company's stock, valued at approximately $348,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Parkside Financial Bank & Trust lifted its position in shares of 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. J.Safra Asset Management Corp raised its stake in 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 buying an additional 866 shares during the last quarter. MBM Wealth Consultants LLC raised its stake 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 last quarter. Daiwa Securities Group Inc. lifted its holdings in Laureate Education by 3.5% in the fourth quarter. Daiwa Securities Group Inc. now owns 47,558 shares of the company's stock valued at $870,000 after buying an additional 1,606 shares during the period. Finally, KBC Group NV boosted its position in Laureate Education by 48.4% during the fourth 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 last quarter. 96.27% of the stock is currently owned by institutional investors.

Remove Ads

Laureate Education Trading Down 6.5 %

Shares of Laureate Education stock traded down $1.31 on Friday, reaching $18.98. 1,196,696 shares of the company's stock were exchanged, compared to its average volume of 747,905. The company has a market capitalization of $2.86 billion, a P/E ratio of 9.78 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. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63. The firm's 50-day moving average is $19.65 and its two-hundred day moving average is $18.35.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.62 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.20. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. The business had revenue of $423.40 million during the quarter, compared to analysts' expectations of $411.50 million. Sell-side analysts predict that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets lifted 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.

Insider Activity at Laureate Education

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of the company'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 SEC, which is accessible through this hyperlink. 2.32% of the stock is currently owned by corporate 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.