Cape Ann Asset Management Ltd Reduces Stock Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Cape Ann Asset Management Ltd cut its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 9.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 951,700 shares of the company's stock after selling 96,600 shares during the quarter. Laureate Education makes up approximately 11.0% of Cape Ann Asset Management Ltd's portfolio, making the stock its 6th biggest position. Cape Ann Asset Management Ltd owned 0.63% of Laureate Education worth $17,407,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in LAUR. Marathon Asset Management Ltd boosted its stake in shares of Laureate Education by 0.8% in the 4th quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company's stock valued at $31,161,000 after purchasing an additional 14,110 shares during the last quarter. Bailard Inc. boosted its position in Laureate Education by 11.7% during the fourth quarter. Bailard Inc. now owns 22,229 shares of the company's stock valued at $407,000 after acquiring an additional 2,329 shares during the last quarter. Parkside Financial Bank & Trust boosted its position in Laureate Education by 10.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock valued at $128,000 after acquiring an additional 673 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Laureate Education by 3.4% during the 4th quarter. Bank of New York Mellon Corp now owns 1,419,436 shares of the company's stock worth $25,961,000 after acquiring an additional 46,445 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Laureate Education in the 4th quarter worth about $504,000. Institutional investors own 96.27% of the company's stock.

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Laureate Education Stock Up 0.4 %

Shares of NASDAQ LAUR traded up $0.08 during trading on Friday, hitting $19.42. 815,189 shares of the company traded hands, compared to its average volume of 716,459. The firm has a market capitalization of $2.93 billion, a price-to-earnings ratio of 10.01 and a beta of 0.80. The business's fifty day moving average is $19.14 and its 200 day moving average is $17.70. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63. Laureate Education, Inc. has a fifty-two week low of $13.26 and a fifty-two week high of $21.73.

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

Analyst Ratings Changes

Separately, BMO Capital Markets raised their target price on Laureate Education from $21.00 to $23.00 and gave the stock 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.