Jump Financial LLC Purchases New Position in Laureate Education, Inc. (NASDAQ:LAUR)

Jump Financial LLC purchased a new stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 21,936 shares of the company's stock, valued at approximately $401,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. J.Safra Asset Management Corp grew its position 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 valued at $61,000 after acquiring an additional 866 shares during the period. KBC Group NV lifted its holdings in Laureate Education by 48.4% during the 4th 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 last quarter. Parkside Financial Bank & Trust raised its position in shares of Laureate Education by 10.7% during 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. Nomura Asset Management Co. Ltd. acquired a new stake in shares of Laureate Education during the 4th quarter worth 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. Hedge funds and other institutional investors own 96.27% of the company's stock.

Insiders Place Their Bets

In other news, Director Ian Kendell Snow sold 520,831 shares of Laureate Education 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 sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 1.20% of the company's stock.

Wall Street Analysts Forecast Growth

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

Laureate Education Price Performance

LAUR remained flat at $19.74 on Monday. The company had a trading volume of 536,096 shares, compared to its average volume of 753,568. The stock's fifty day simple moving average is $19.54 and its two-hundred day simple moving average is $18.71. Laureate Education, Inc. has a 12-month low of $13.26 and a 12-month 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 company has a market capitalization of $2.98 billion, a PE ratio of 10.18 and a beta of 0.43.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its earnings results on Thursday, February 20th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.20. The firm had revenue of $423.40 million during 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, sell-side analysts forecast that Laureate Education, Inc. will post 1.51 EPS for the current 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.