Schroder Investment Management Group Sells 17,592 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Schroder Investment Management Group lowered its position in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 24.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 54,622 shares of the company's stock after selling 17,592 shares during the quarter. Schroder Investment Management Group's holdings in Laureate Education were worth $999,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership bought a new position in Laureate Education in the 4th quarter worth approximately $763,000. Pictet Asset Management Holding SA lifted its position in shares of Laureate Education by 30.0% during the fourth quarter. Pictet Asset Management Holding SA now owns 20,757 shares of the company's stock worth $380,000 after acquiring an additional 4,787 shares in the last quarter. Nomura Asset Management Co. Ltd. bought a new position in shares of Laureate Education in the fourth quarter worth $216,000. Caisse Des Depots ET Consignations purchased a new position in shares of Laureate Education in the fourth quarter valued at $1,854,000. Finally, Elo Mutual Pension Insurance Co bought a new stake in shares of Laureate Education during the 4th quarter valued at $348,000. 96.27% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Ian Kendell Snow sold 520,831 shares of Laureate Education stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $17.47, for a total transaction of $9,098,917.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.32% of the company's stock.

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Laureate Education Price Performance

NASDAQ:LAUR traded up $0.14 during mid-day trading on Friday, hitting $19.15. 682,187 shares of the stock traded hands, compared to its average volume of 754,547. Laureate Education, Inc. has a 12-month low of $13.26 and a 12-month high of $21.73. 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 company has a market cap of $2.89 billion, a PE ratio of 9.87 and a beta of 0.43. The business's 50-day moving average price is $19.65 and its 200 day moving average price is $18.46.

Laureate Education (NASDAQ:LAUR - Get Free Report) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.62 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.20. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. The firm had revenue of $423.40 million during the quarter, compared to analyst estimates of $411.50 million. On average, analysts expect that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

About Laureate Education

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.