Integrated Quantitative Investments LLC Purchases New Stake in Laureate Education, Inc. (NASDAQ:LAUR)

Integrated Quantitative Investments LLC bought a new stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 43,627 shares of the company's stock, valued at approximately $798,000.

Several other institutional investors also recently made changes to their positions in the stock. J.Safra Asset Management Corp boosted its stake in Laureate Education by 34.4% during the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock valued at $61,000 after purchasing an additional 866 shares during the period. KBC Group NV boosted its position in shares of Laureate Education by 48.4% during the fourth quarter. KBC Group NV now owns 6,049 shares of the company's stock worth $111,000 after buying an additional 1,974 shares during the period. Parkside Financial Bank & Trust grew 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 worth $128,000 after buying an additional 673 shares in the last quarter. Nomura Asset Management Co. Ltd. acquired a new stake in Laureate Education in the 4th quarter valued at approximately $216,000. Finally, New York State Teachers Retirement System raised its stake in shares of Laureate Education by 112.8% during the fourth quarter. New York State Teachers Retirement System now owns 12,180 shares of the company's stock valued at $223,000 after purchasing an additional 6,455 shares in the last quarter. 96.27% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of the business'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 transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.32% of the stock is currently owned by insiders.

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Laureate Education Price Performance

Shares of LAUR traded down $0.67 during midday trading on Thursday, reaching $18.89. The stock had a trading volume of 160,995 shares, compared to its average volume of 793,285. 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 has a market capitalization of $2.85 billion, a P/E ratio of 9.74 and a beta of 0.43. The firm's 50 day moving average price is $19.66 and its 200-day moving average price is $18.43. Laureate Education, Inc. has a 52 week low of $13.26 and a 52 week high of $21.73.

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

Wall Street Analysts Forecast Growth

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

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.