Laureate Education, Inc. (NASDAQ:LAUR) Shares Purchased by Renaissance Technologies LLC

Renaissance Technologies LLC boosted its position in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 2,702.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 285,800 shares of the company's stock after acquiring an additional 275,600 shares during the quarter. Renaissance Technologies LLC owned 0.19% of Laureate Education worth $5,227,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. North of South Capital LLP acquired a new stake in Laureate Education in the 4th quarter valued at about $22,973,000. Union Bancaire Privee UBP SA purchased a new position in Laureate Education in the fourth quarter worth approximately $15,057,000. Brandywine Global Investment Management LLC acquired a new position in Laureate Education during the 4th quarter worth approximately $9,353,000. Teacher Retirement System of Texas increased its position in shares of Laureate Education by 132.7% in the 4th quarter. Teacher Retirement System of Texas now owns 430,817 shares of the company's stock valued at $7,880,000 after purchasing an additional 245,707 shares during the last quarter. Finally, Alberta Investment Management Corp raised its holdings in shares of Laureate Education by 32.6% in the 4th quarter. Alberta Investment Management Corp now owns 849,008 shares of the company's stock valued at $15,528,000 after purchasing an additional 208,572 shares in the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Laureate Education

In other news, Director Ian Kendell Snow sold 520,831 shares of the firm's stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total value of $9,098,917.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.32% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

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 report on Monday, February 24th.

Laureate Education Stock Down 1.1 %

Laureate Education stock opened at $19.14 on Monday. The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 9.87 and a beta of 0.43. 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 has a 50 day moving average of $19.61 and a two-hundred day moving average of $18.58. Laureate Education, Inc. has a twelve month low of $13.26 and a twelve month high of $21.73.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $423.40 million for the quarter, compared to analyst estimates of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. As a group, research analysts expect that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

Laureate Education 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.

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