Swedbank AB Has $41.75 Million Position in Laureate Education, Inc. (NASDAQ:LAUR)

Swedbank AB grew its holdings in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 225.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,513,300 shares of the company's stock after purchasing an additional 1,741,800 shares during the quarter. Swedbank AB owned about 1.67% of Laureate Education worth $41,746,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in Laureate Education by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 14,231,273 shares of the company's stock worth $207,350,000 after buying an additional 136,865 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in shares of Laureate Education by 81.2% in the first quarter. Price T Rowe Associates Inc. MD now owns 156,438 shares of the company's stock worth $2,280,000 after acquiring an additional 70,121 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Laureate Education by 207.4% during the third quarter. Harbor Capital Advisors Inc. now owns 824,985 shares of the company's stock worth $13,703,000 after purchasing an additional 556,573 shares in the last quarter. Renaissance Technologies LLC grew its stake in shares of Laureate Education by 56.7% during the second quarter. Renaissance Technologies LLC now owns 330,400 shares of the company's stock valued at $4,936,000 after purchasing an additional 119,600 shares during the last quarter. Finally, Mondrian Investment Partners LTD acquired a new stake in shares of Laureate Education in the second quarter valued at approximately $1,633,000. Institutional investors own 96.27% of the company's stock.

Wall Street Analysts Forecast Growth

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

Laureate Education Trading Up 1.0 %

Shares of LAUR traded up $0.19 during trading hours on Monday, hitting $19.71. 996,163 shares of the stock traded hands, compared to its average volume of 734,031. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. Laureate Education, Inc. has a 1-year low of $12.45 and a 1-year high of $19.98. The firm has a market capitalization of $2.97 billion, a PE ratio of 12.47 and a beta of 0.82. The business has a fifty day moving average of $16.79 and a 200-day moving average of $15.68.

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

Laureate Education Company 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.