Loomis Sayles & Co. L P Has $32.55 Million Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Loomis Sayles & Co. L P cut its stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 3.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,779,602 shares of the company's stock after selling 55,547 shares during the quarter. Loomis Sayles & Co. L P owned approximately 1.18% of Laureate Education worth $32,549,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. J.Safra Asset Management Corp raised its holdings in 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. KBC Group NV grew its position in shares of Laureate Education by 48.4% in the fourth quarter. KBC Group NV now owns 6,049 shares of the company's stock valued at $111,000 after purchasing an additional 1,974 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Laureate Education by 10.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock worth $128,000 after purchasing an additional 673 shares during the period. New York State Teachers Retirement System lifted its holdings in Laureate Education by 112.8% during the 4th quarter. New York State Teachers Retirement System now owns 12,180 shares of the company's stock worth $223,000 after purchasing an additional 6,455 shares during the last quarter. Finally, Cibc World Markets Corp bought a new stake in Laureate Education in the 4th quarter valued at $223,000. Institutional investors and hedge funds own 96.27% of the company's stock.

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Insider Buying and Selling

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of the stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $17.47, for a total transaction of $9,098,917.57. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.32% of the stock is owned by company insiders.

Laureate Education Stock Performance

NASDAQ LAUR traded up $0.20 during trading on Tuesday, reaching $20.65. The company's stock had a trading volume of 180,174 shares, compared to its average volume of 740,333. The firm has a 50 day moving average price of $19.53 and a 200 day moving average price of $18.27. Laureate Education, Inc. has a 12 month low of $13.26 and a 12 month high of $21.73. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 10.65 and a beta of 0.80. 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 (NASDAQ:LAUR - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $423.40 million during the quarter, compared to analysts' expectations of $411.50 million. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. As a group, equities analysts anticipate that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, BMO Capital Markets increased their price objective on Laureate Education from $21.00 to $23.00 and gave the stock an "outperform" rating in a research report on Monday, February 24th.

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.