Laureate Education (NASDAQ:LAUR) Given New $23.00 Price Target at BMO Capital Markets

Laureate Education (NASDAQ:LAUR - Get Free Report) had its target price hoisted by equities researchers at BMO Capital Markets from $21.00 to $23.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has an "outperform" rating on the stock. BMO Capital Markets' target price would suggest a potential upside of 15.81% from the stock's current price.

Laureate Education Trading Up 0.8 %

Shares of NASDAQ:LAUR traded up $0.16 on Monday, hitting $19.86. 1,177,827 shares of the company's stock were exchanged, compared to its average volume of 672,590. The stock has a market capitalization of $2.99 billion, a price-to-earnings ratio of 10.24 and a beta of 0.84. Laureate Education has a 12 month low of $13.13 and a 12 month high of $21.73. 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 business's 50 day simple moving average is $18.97 and its two-hundred day simple moving average is $17.51.

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 (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.20. The company had revenue of $423.40 million during the quarter, compared to analysts' expectations of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. Analysts anticipate that Laureate Education will post 1.51 EPS for the current fiscal year.

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Hedge Funds Weigh In On Laureate Education

Institutional investors have recently made changes to their positions in the company. Mariner LLC grew its holdings in Laureate Education by 3.3% during the 4th quarter. Mariner LLC now owns 16,933 shares of the company's stock worth $310,000 after acquiring an additional 541 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in Laureate Education by 10.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock worth $128,000 after buying an additional 673 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in 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. Van ECK Associates Corp boosted its position in Laureate Education by 51.0% during the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company's stock valued at $36,000 after acquiring an additional 763 shares in the last quarter. Finally, J.Safra Asset Management Corp increased its holdings in shares of Laureate Education by 34.4% in the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock valued at $61,000 after acquiring an additional 866 shares during the period. Hedge funds and other institutional investors own 96.27% of the company's stock.

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.