Banco Santander S.A. Trims Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Banco Santander S.A. lessened its stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 39.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 36,442 shares of the company's stock after selling 23,913 shares during the period. Banco Santander S.A.'s holdings in Laureate Education were worth $667,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in LAUR. Van ECK Associates Corp boosted its holdings in Laureate Education by 51.0% during the third quarter. Van ECK Associates Corp now owns 2,259 shares of the company's stock worth $36,000 after buying an additional 763 shares in the last quarter. J.Safra Asset Management Corp grew its position in shares of Laureate Education by 34.4% in the fourth 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 increased its stake in shares of Laureate Education by 62.3% during 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 acquired a new position in shares of Laureate Education during the 3rd quarter worth about $95,000. Finally, Parkside Financial Bank & Trust lifted its stake in Laureate Education by 10.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock valued at $128,000 after buying an additional 673 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company's stock.

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Laureate Education Price Performance

Shares of NASDAQ:LAUR traded down $0.25 during midday trading on Thursday, hitting $18.49. The company's stock had a trading volume of 432,418 shares, compared to its average volume of 720,570. The company has a market cap of $2.79 billion, a P/E ratio of 9.53 and a beta of 0.80. Laureate Education, Inc. has a 12-month low of $13.26 and a 12-month high of $21.73. The business's 50 day simple moving average is $19.21 and its 200 day simple moving average is $17.83. 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 (NASDAQ:LAUR - Get Free Report) last released its quarterly earnings data 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. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. The company had revenue of $423.40 million for the quarter, compared to analyst estimates of $411.50 million. On average, analysts forecast that Laureate Education, Inc. will post 1.51 EPS for the current year.

Analyst Ratings Changes

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

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.