AQR Capital Management LLC Sells 45,832 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

AQR Capital Management LLC lessened its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 36.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 81,548 shares of the company's stock after selling 45,832 shares during the period. AQR Capital Management LLC owned 0.05% of Laureate Education worth $1,218,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of LAUR. nVerses Capital LLC acquired a new position in shares of Laureate Education during the 2nd quarter valued at $25,000. Quarry LP raised its holdings 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 raised its holdings 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 position in Laureate Education during the first quarter worth $151,000. Finally, Marshall Wace LLP raised its holdings in Laureate Education by 9.5% during the second quarter. Marshall Wace LLP now owns 11,500 shares of the company's stock worth $172,000 after buying an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 96.27% of the company's stock.

Laureate Education Stock Down 1.5 %

LAUR traded down $0.24 during trading on Friday, hitting $15.36. 330,738 shares of the company's stock were exchanged, compared to its average volume of 744,798. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.22. The business's 50 day moving average is $15.49 and its two-hundred day moving average is $15.14. Laureate Education, Inc. has a fifty-two week low of $12.45 and a fifty-two week high of $17.60. The stock has a market cap of $2.34 billion, a P/E ratio of 12.29 and a beta of 0.82.

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

Analyst Upgrades and Downgrades

Separately, Morgan Stanley downgraded shares of Laureate Education from an "overweight" rating to an "equal weight" rating and set a $17.00 price objective on the stock. in a report 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.