Laureate Education, Inc. (NASDAQ:LAUR) Shares Acquired by Marathon Asset Management Ltd

Marathon Asset Management Ltd grew its position in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 0.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,703,742 shares of the company's stock after buying an additional 14,110 shares during the period. Marathon Asset Management Ltd owned 1.13% of Laureate Education worth $31,161,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in LAUR. Van ECK Associates Corp grew its position in Laureate Education by 51.0% in the third quarter. Van ECK Associates Corp now owns 2,259 shares of the company's stock worth $36,000 after acquiring an additional 763 shares during the period. KBC Group NV lifted its stake in shares of Laureate Education by 62.3% in the 3rd quarter. KBC Group NV now owns 4,075 shares of the company's stock valued at $68,000 after purchasing an additional 1,564 shares during the last quarter. New York State Teachers Retirement System purchased a new position in shares of Laureate Education during the 3rd quarter worth $95,000. Parkside Financial Bank & Trust increased its position in shares of Laureate Education by 10.7% during the 4th 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 last quarter. Finally, Plato Investment Management Ltd purchased a new stake in Laureate Education in the 3rd quarter valued at about $147,000. Institutional investors and hedge funds own 96.27% of the company's stock.

Analysts Set New Price Targets

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

Laureate Education Trading Up 0.3 %

NASDAQ LAUR traded up $0.05 on Monday, reaching $19.99. The stock had a trading volume of 1,365,003 shares, compared to its average volume of 708,263. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15. The stock has a fifty day moving average price of $19.03 and a two-hundred day moving average price of $17.60. 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 $3.01 billion, a price-to-earnings ratio of 10.30 and a beta of 0.84.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted 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. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. The firm had revenue of $423.40 million for the quarter, compared to the consensus estimate of $411.50 million. As a group, sell-side analysts forecast that Laureate Education, Inc. will post 1.51 EPS for the current fiscal 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.