Assenagon Asset Management S.A. Boosts Position in Laureate Education, Inc. (NASDAQ:LAUR)

Assenagon Asset Management S.A. lifted its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 71.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 145,274 shares of the company's stock after acquiring an additional 60,616 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.10% of Laureate Education worth $2,657,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LAUR. Van ECK Associates Corp raised its position in shares of Laureate Education by 51.0% in the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company's stock worth $36,000 after acquiring an additional 763 shares in the last quarter. Quarry LP purchased a new stake in Laureate Education in the second quarter worth $50,000. KBC Group NV raised its holdings in Laureate Education by 62.3% in the third quarter. KBC Group NV now owns 4,075 shares of the company's stock worth $68,000 after purchasing an additional 1,564 shares in the last quarter. New York State Teachers Retirement System purchased a new position in Laureate Education during the third quarter valued at $95,000. Finally, Plato Investment Management Ltd bought a new stake in shares of Laureate Education during the 3rd quarter valued at $147,000. Hedge funds and other institutional investors own 96.27% of the company's stock.

Insider Activity at Laureate Education

In other news, Director Corro Pedro Del sold 25,000 shares of the business's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $19.58, for a total value of $489,500.00. Following the completion of the transaction, the director now owns 29,686 shares in the company, valued at $581,251.88. The trade was a 45.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.32% of the stock is currently owned by insiders.

Laureate Education Stock Up 1.1 %

Laureate Education stock traded up $0.20 during mid-day trading on Thursday, hitting $18.95. The company had a trading volume of 535,795 shares, compared to its average volume of 489,414. Laureate Education, Inc. has a 12 month low of $12.52 and a 12 month high of $19.98. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. The stock's 50 day moving average price is $18.64 and its two-hundred day moving average price is $16.72. The company has a market capitalization of $2.86 billion, a PE ratio of 11.99 and a beta of 0.83.

Laureate Education (NASDAQ:LAUR - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.16 by $0.40. The company had revenue of $368.60 million for the quarter, compared to the consensus estimate of $361.80 million. Laureate Education had a net margin of 15.76% and a return on equity of 27.13%. Laureate Education's revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.23 EPS. As a group, sell-side analysts anticipate that Laureate Education, Inc. will post 1.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets increased their price target on shares of Laureate Education from $17.00 to $20.00 and gave the stock an "outperform" rating in a research note on Friday, November 1st.

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.