Sei Investments Co. Decreases Position in Laureate Education, Inc. (NASDAQ:LAUR)

Sei Investments Co. lessened its stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 76.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 24,431 shares of the company's stock after selling 81,195 shares during the period. Sei Investments Co.'s holdings in Laureate Education were worth $447,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. J.Safra Asset Management Corp increased its holdings in shares of Laureate Education by 34.4% in the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock valued at $61,000 after purchasing an additional 866 shares during the period. KBC Group NV lifted its position in Laureate Education by 48.4% in the fourth quarter. KBC Group NV now owns 6,049 shares of the company's stock worth $111,000 after purchasing an additional 1,974 shares during the period. Parkside Financial Bank & Trust boosted its stake in Laureate Education by 10.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock valued at $128,000 after buying an additional 673 shares in the last quarter. New York State Teachers Retirement System grew its position in Laureate Education by 112.8% during the 4th quarter. New York State Teachers Retirement System now owns 12,180 shares of the company's stock worth $223,000 after acquiring an additional 6,455 shares during the last quarter. Finally, Cibc World Markets Corp acquired a new position in Laureate Education in the fourth quarter worth $223,000. 96.27% of the stock is owned by institutional investors and hedge funds.

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Laureate Education Stock Performance

NASDAQ LAUR traded up $0.10 during trading on Tuesday, reaching $19.37. 57,286 shares of the company's stock were exchanged, compared to its average volume of 753,709. The business has a 50 day moving average price of $19.65 and a 200-day moving average price of $18.49. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. The stock has a market capitalization of $2.92 billion, a P/E ratio of 9.99 and a beta of 0.43. Laureate Education, Inc. has a fifty-two week low of $13.26 and a fifty-two week high of $21.73.

Laureate Education (NASDAQ:LAUR - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.42 by $0.20. The business had revenue of $423.40 million for the quarter, compared to analysts' expectations of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. Sell-side analysts forecast that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

Insider Activity

In related news, Director Ian Kendell Snow sold 520,831 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total value of $9,098,917.57. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 2.32% of the company's stock.

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.