Laureate Education, Inc. (NASDAQ:LAUR) Short Interest Update

Laureate Education, Inc. (NASDAQ:LAUR - Get Free Report) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 3,010,000 shares, a decrease of 20.4% from the December 31st total of 3,780,000 shares. Based on an average trading volume of 615,600 shares, the short-interest ratio is presently 4.9 days.

Analysts Set New Price Targets

Separately, BMO Capital Markets lifted their target price on Laureate Education from $17.00 to $20.00 and gave the company an "outperform" rating in a report on Friday, November 1st.

Insider Buying and Selling

In related news, Director Corro Pedro Del sold 25,000 shares of the company's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $19.58, for a total transaction of $489,500.00. Following the sale, the director now directly owns 29,686 shares of the company's stock, valued at $581,251.88. This represents a 45.72 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.32% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of LAUR. Sei Investments Co. acquired a new position in Laureate Education in the 2nd quarter valued at about $1,337,000. Marshall Wace LLP lifted its holdings in shares of Laureate Education by 9.5% during the second quarter. Marshall Wace LLP now owns 11,500 shares of the company's stock worth $172,000 after purchasing an additional 1,000 shares during the period. Millennium Management LLC grew its position in Laureate Education by 60.8% in the 2nd quarter. Millennium Management LLC now owns 209,211 shares of the company's stock valued at $3,126,000 after buying an additional 79,083 shares during the last quarter. The Manufacturers Life Insurance Company increased its stake in Laureate Education by 1.0% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 74,753 shares of the company's stock valued at $1,117,000 after buying an additional 759 shares during the period. Finally, Mackenzie Financial Corp raised its position in Laureate Education by 4.6% during the 2nd quarter. Mackenzie Financial Corp now owns 22,399 shares of the company's stock worth $335,000 after buying an additional 981 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Laureate Education Stock Up 0.4 %

Shares of NASDAQ:LAUR traded up $0.08 during trading hours on Thursday, reaching $19.02. The stock had a trading volume of 94,489 shares, compared to its average volume of 504,224. Laureate Education has a 1 year low of $12.52 and a 1 year high of $19.98. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63. The stock has a market capitalization of $2.87 billion, a price-to-earnings ratio of 12.04 and a beta of 0.83. The firm's 50 day moving average is $18.65 and its 200-day moving average is $16.86.

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, beating analysts' consensus estimates of $0.16 by $0.40. The company had revenue of $368.60 million during the quarter, compared to analysts' expectations of $361.80 million. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. The firm's revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.23 earnings per share. Research analysts predict that Laureate Education will post 1.42 earnings per share for the current fiscal year.

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.