O Shaughnessy Asset Management LLC Acquires New Stake in Laureate Education, Inc. (NASDAQ:LAUR)

O Shaughnessy Asset Management LLC purchased a new position in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 31,205 shares of the company's stock, valued at approximately $571,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. BNP Paribas Financial Markets grew its stake in Laureate Education by 25.5% during the third quarter. BNP Paribas Financial Markets now owns 59,826 shares of the company's stock valued at $994,000 after acquiring an additional 12,143 shares in the last quarter. Verition Fund Management LLC bought a new stake in Laureate Education during the third quarter valued at $309,000. State Street Corp grew its position in Laureate Education by 2.2% during the third quarter. State Street Corp now owns 3,116,661 shares of the company's stock worth $51,768,000 after buying an additional 68,122 shares in the last quarter. XTX Topco Ltd purchased a new stake in shares of Laureate Education in the 3rd quarter valued at about $296,000. Finally, Barclays PLC boosted its position in shares of Laureate Education by 298.8% during the 3rd quarter. Barclays PLC now owns 230,098 shares of the company's stock valued at $3,823,000 after acquiring an additional 172,405 shares during the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

Laureate Education Trading Up 1.2 %

Shares of Laureate Education stock traded up $0.24 during midday trading on Tuesday, reaching $19.51. 102,203 shares of the company's stock traded hands, compared to its average volume of 753,859. The company has a market cap of $2.94 billion, a PE ratio of 10.05 and a beta of 0.43. The stock has a 50 day moving average of $19.65 and a 200-day moving average of $18.49. Laureate Education, Inc. has a 12 month low of $13.26 and a 12 month high of $21.73. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63.

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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 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 during the quarter, compared to the consensus estimate of $411.50 million. As a group, equities analysts expect that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

Analysts Set New Price Targets

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

Insiders Place Their Bets

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $17.47, for a total value of $9,098,917.57. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.32% 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.