Jane Street Group LLC Has $2.87 Million Stock Position in Laureate Education, Inc. (NASDAQ:LAUR)

Jane Street Group LLC trimmed its position in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 28.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 173,021 shares of the company's stock after selling 67,221 shares during the quarter. Jane Street Group LLC owned approximately 0.11% of Laureate Education worth $2,874,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of LAUR. Nisa Investment Advisors LLC boosted its position in shares of Laureate Education by 3.2% during the third quarter. Nisa Investment Advisors LLC now owns 22,174 shares of the company's stock worth $368,000 after buying an additional 682 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of Laureate Education by 1.0% in the second quarter. The Manufacturers Life Insurance Company now owns 74,753 shares of the company's stock worth $1,117,000 after purchasing an additional 759 shares during the period. Van ECK Associates Corp lifted its position 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 purchasing an additional 763 shares during the period. Arizona State Retirement System grew its stake in Laureate Education by 2.1% during the second quarter. Arizona State Retirement System now owns 37,499 shares of the company's stock worth $560,000 after buying an additional 783 shares in the last quarter. Finally, Asset Management One Co. Ltd. increased its holdings in Laureate Education by 1.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 62,777 shares of the company's stock valued at $1,043,000 after buying an additional 896 shares during the period. Institutional investors and hedge funds own 96.27% of the company's stock.

Analysts Set New Price Targets

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 report on Friday, November 1st.

Insider Buying and Selling

In other news, Director Corro Pedro Del sold 25,000 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $19.58, for a total transaction of $489,500.00. Following the completion of the transaction, the director now directly owns 29,686 shares in the company, valued at $581,251.88. This trade represents a 45.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.32% of the stock is owned by corporate insiders.

Laureate Education Price Performance

NASDAQ:LAUR traded up $0.18 during trading hours on Friday, hitting $18.36. The company's stock had a trading volume of 2,168,995 shares, compared to its average volume of 732,363. The company has a market capitalization of $2.77 billion, a P/E ratio of 11.62 and a beta of 0.82. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a fifty day simple moving average of $17.80 and a 200-day simple moving average of $16.08. Laureate Education, Inc. has a twelve month low of $12.45 and a twelve month high of $19.98.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.56 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.40. The business had revenue of $368.60 million for the quarter, compared to analyst estimates of $361.80 million. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. Laureate Education's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS. On average, analysts anticipate that Laureate Education, Inc. will post 1.42 EPS for the current fiscal 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.