Laureate Education, Inc. (NASDAQ:LAUR) Shares Bought by Barclays PLC

Barclays PLC lifted its holdings in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 298.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 230,098 shares of the company's stock after buying an additional 172,405 shares during the quarter. Barclays PLC owned 0.15% of Laureate Education worth $3,823,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Bailard Inc. boosted its stake in shares of Laureate Education by 91.3% during the 2nd quarter. Bailard Inc. now owns 19,900 shares of the company's stock worth $297,000 after acquiring an additional 9,500 shares in the last quarter. Liontrust Investment Partners LLP raised its stake in shares of Laureate Education by 14.0% during the 2nd quarter. Liontrust Investment Partners LLP now owns 65,000 shares of the company's stock worth $971,000 after buying an additional 8,000 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in shares of Laureate Education by 144.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 9,515 shares of the company's stock worth $142,000 after buying an additional 5,626 shares in the last quarter. nVerses Capital LLC acquired a new stake in Laureate Education in the 2nd quarter valued at about $25,000. Finally, Versor Investments LP increased its holdings in Laureate Education by 84.1% during the 2nd quarter. Versor Investments LP now owns 35,709 shares of the company's stock valued at $533,000 after acquiring an additional 16,309 shares in the last quarter. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Corro Pedro Del sold 25,000 shares of the business'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 value of $489,500.00. Following the completion of the sale, the director now directly owns 29,686 shares in the company, valued at approximately $581,251.88. The trade was a 45.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.32% of the company's stock.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets raised their price objective on shares of Laureate Education from $17.00 to $20.00 and gave the stock an "outperform" rating in a research note on Friday, November 1st.

Laureate Education Price Performance

Laureate Education stock traded down $0.25 during midday trading on Monday, reaching $18.11. 526,156 shares of the company were exchanged, compared to its average volume of 731,528. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of 11.46 and a beta of 0.82. 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 firm's 50-day simple moving average is $17.86 and its 200-day simple moving average is $16.11. Laureate Education, Inc. has a 1 year low of $12.45 and a 1 year high of $19.98.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted 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 business had revenue of $368.60 million during the quarter, compared to analyst estimates of $361.80 million. Laureate Education had a net margin of 15.76% and a return on equity of 27.13%. The company's revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.23 earnings per share. On average, analysts anticipate that Laureate Education, Inc. will post 1.42 EPS 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.