EntryPoint Capital LLC Takes Position in Laureate Education, Inc. (NASDAQ:LAUR)

EntryPoint Capital LLC purchased a new stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 23,914 shares of the company's stock, valued at approximately $437,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in LAUR. Victory Capital Management Inc. raised its position in Laureate Education by 32.3% in the third quarter. Victory Capital Management Inc. now owns 92,133 shares of the company's stock valued at $1,530,000 after purchasing an additional 22,470 shares during the period. Intech Investment Management LLC acquired a new position in shares of Laureate Education in the 3rd quarter worth approximately $414,000. Charles Schwab Investment Management Inc. increased its holdings in Laureate Education by 3.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,145,552 shares of the company's stock valued at $35,638,000 after purchasing an additional 80,570 shares during the last quarter. Mirabella Financial Services LLP grew its position in Laureate Education by 57.0% in the 3rd quarter. Mirabella Financial Services LLP now owns 56,750 shares of the company's stock valued at $943,000 after acquiring an additional 20,600 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of Laureate Education by 25.5% in the third quarter. BNP Paribas Financial Markets now owns 59,826 shares of the company's stock valued at $994,000 after purchasing an additional 12,143 shares during the period. Institutional investors and hedge funds own 96.27% of the company's stock.

Remove Ads

Laureate Education Stock Performance

Shares of LAUR stock traded down $0.21 during mid-day trading on Friday, hitting $20.45. The stock had a trading volume of 986,333 shares, compared to its average volume of 739,802. Laureate Education, Inc. has a fifty-two week low of $13.26 and a fifty-two week high of $21.73. 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 company's 50-day simple moving average is $19.50 and its 200-day simple moving average is $18.21. The firm has a market cap of $3.08 billion, a PE ratio of 10.54 and a beta of 0.80.

Laureate Education (NASDAQ:LAUR - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.20. The company 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 anticipate that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets boosted 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 Buying and Selling at Laureate Education

In other 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 transaction of $9,098,917.57. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 2.32% of the stock is owned by corporate insiders.

About Laureate Education

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.