Sei Investments Co. Makes New Investment in Laureate Education, Inc. (NASDAQ:LAUR)

Sei Investments Co. purchased a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 89,476 shares of the company's stock, valued at approximately $1,337,000. Sei Investments Co. owned approximately 0.06% of Laureate Education at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. nVerses Capital LLC bought a new position in shares of Laureate Education during the second quarter valued at $25,000. Quarry LP grew its stake in Laureate Education by 52.4% during the fourth quarter. Quarry LP now owns 2,683 shares of the company's stock worth $37,000 after buying an additional 923 shares during the last quarter. Allspring Global Investments Holdings LLC grew its stake in Laureate Education by 24.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 3,889 shares of the company's stock worth $57,000 after buying an additional 764 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Laureate Education during the first quarter worth approximately $151,000. Finally, CenterBook Partners LP bought a new position in shares of Laureate Education in the fourth quarter valued at approximately $195,000. Institutional investors own 96.27% of the company's stock.

Laureate Education Trading Down 1.1 %

LAUR traded down $0.18 during midday trading on Monday, reaching $15.62. 556,055 shares of the company were exchanged, compared to its average volume of 750,771. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market capitalization of $2.46 billion, a P/E ratio of 21.11 and a beta of 0.82. The stock's 50-day simple moving average is $15.46 and its 200 day simple moving average is $15.11. Laureate Education, Inc. has a one year low of $12.45 and a one year high of $17.60.

Laureate Education (NASDAQ:LAUR - Get Free Report) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.83 earnings per share for the quarter, topping analysts' consensus estimates of $0.63 by $0.20. The company had revenue of $499.20 million for the quarter, compared to analysts' expectations of $483.69 million. Laureate Education had a net margin of 12.64% and a return on equity of 21.37%. The business's quarterly revenue was up 8.0% compared to the same quarter last year. During the same period last year, the firm posted $0.35 earnings per share. As a group, analysts forecast that Laureate Education, Inc. will post 1.41 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Morgan Stanley lowered Laureate Education from an "overweight" rating to an "equal weight" rating and set a $17.00 target price for the company. in a research note on Friday, July 26th.

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.