Teacher Retirement System of Texas Has $7.88 Million Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Teacher Retirement System of Texas lifted its position in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 132.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 430,817 shares of the company's stock after buying an additional 245,707 shares during the quarter. Teacher Retirement System of Texas owned about 0.29% of Laureate Education worth $7,880,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Victory Capital Management Inc. grew its position in shares of Laureate Education by 32.3% in the third quarter. Victory Capital Management Inc. now owns 92,133 shares of the company's stock valued at $1,530,000 after purchasing an additional 22,470 shares during the last quarter. KBC Group NV boosted its position in shares of Laureate Education by 62.3% in the third quarter. KBC Group NV now owns 4,075 shares of the company's stock valued at $68,000 after acquiring an additional 1,564 shares during the period. Segall Bryant & Hamill LLC grew its stake in shares of Laureate Education by 1.5% in the third quarter. Segall Bryant & Hamill LLC now owns 304,206 shares of the company's stock worth $5,053,000 after acquiring an additional 4,368 shares during the last quarter. Intech Investment Management LLC bought a new position in Laureate Education during the third quarter worth $414,000. Finally, Charles Schwab Investment Management Inc. raised its stake in Laureate Education by 3.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,145,552 shares of the company's stock valued at $35,638,000 after purchasing an additional 80,570 shares during the last quarter. 96.27% of the stock is owned by institutional investors.

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Analysts Set New Price Targets

Separately, BMO Capital Markets increased 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.

Insiders Place Their Bets

In related news, Director Ian Kendell Snow sold 520,831 shares of the firm's stock in a transaction dated 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 document filed with the SEC, which is available through this link. Company insiders own 2.32% of the company's stock.

Laureate Education Stock Up 3.0 %

LAUR traded up $0.60 during trading on Thursday, reaching $20.66. The company had a trading volume of 1,109,955 shares, compared to its average volume of 710,235. The business's fifty day moving average price is $19.43 and its 200 day moving average price is $18.13. 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 company has a market cap of $3.12 billion, a P/E ratio of 10.65 and a beta of 0.80. Laureate Education, Inc. has a 12 month low of $13.26 and a 12 month high of $21.73.

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

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.