First Pacific Advisors LP Sells 93,040 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

First Pacific Advisors LP trimmed its position in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 11.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 726,055 shares of the company's stock after selling 93,040 shares during the period. First Pacific Advisors LP owned about 0.48% of Laureate Education worth $13,280,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Geode Capital Management LLC raised its holdings in shares of Laureate Education by 0.3% in the 3rd quarter. Geode Capital Management LLC now owns 3,185,347 shares of the company's stock worth $52,918,000 after purchasing an additional 10,447 shares during the period. State Street Corp raised its position in shares of Laureate Education by 2.2% during the 3rd quarter. State Street Corp now owns 3,116,661 shares of the company's stock valued at $51,768,000 after buying an additional 68,122 shares in the last quarter. Swedbank AB increased its position in shares of Laureate Education by 225.8% during the 3rd quarter. Swedbank AB now owns 2,513,300 shares of the company's stock valued at $41,746,000 after purchasing an additional 1,741,800 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Laureate Education by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company's stock worth $39,892,000 after acquiring an additional 35,521 shares in the last quarter. Finally, Marathon Asset Management Ltd lifted its stake in Laureate Education by 0.8% in the fourth quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company's stock worth $31,161,000 after purchasing an additional 14,110 shares during the last quarter. 96.27% of the stock is owned by institutional investors.

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Analyst Ratings Changes

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

Laureate Education Stock Down 1.3 %

LAUR stock traded down $0.25 during midday trading on Thursday, hitting $18.49. The stock had a trading volume of 432,426 shares, compared to its average volume of 720,573. Laureate Education, Inc. has a 52-week low of $13.26 and a 52-week high of $21.73. The firm has a market cap of $2.79 billion, a price-to-earnings ratio of 9.53 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. The business has a 50-day moving average of $19.21 and a two-hundred day moving average of $17.83.

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, beating 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 firm had revenue of $423.40 million for the quarter, compared to analysts' expectations of $411.50 million. As a group, equities research analysts forecast that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.

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.