UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 38,427 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 11.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 288,132 shares of the company's stock after selling 38,427 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.19% of Laureate Education worth $4,786,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. nVerses Capital LLC bought a new position in Laureate Education in the second quarter valued at $25,000. Van ECK Associates Corp boosted its holdings in shares of Laureate Education by 51.0% in the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company's stock worth $36,000 after purchasing an additional 763 shares in the last quarter. Quarry LP bought a new position in shares of Laureate Education during the 2nd quarter valued at about $50,000. KBC Group NV raised its holdings in shares of Laureate Education by 62.3% during the 3rd quarter. KBC Group NV now owns 4,075 shares of the company's stock valued at $68,000 after buying an additional 1,564 shares in the last quarter. Finally, New York State Teachers Retirement System bought a new stake in Laureate Education in the 3rd quarter worth approximately $95,000. Hedge funds and other institutional investors own 96.27% of the company's stock.

Laureate Education Trading Down 0.9 %

NASDAQ LAUR traded down $0.18 during trading on Thursday, hitting $19.10. 565,157 shares of the company's stock traded hands, compared to its average volume of 728,375. The stock has a fifty day moving average of $17.45 and a two-hundred day moving average of $15.95. Laureate Education, Inc. has a 12-month low of $12.45 and a 12-month high of $19.98. The firm has a market cap of $2.88 billion, a P/E ratio of 12.09 and a beta of 0.82. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $0.56 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.40. The company had revenue of $368.60 million during the quarter, compared to analysts' expectations of $361.80 million. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. Laureate Education's quarterly revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the business posted $0.23 EPS. As a group, sell-side analysts expect that Laureate Education, Inc. will post 1.42 EPS for the current year.

Insider Transactions at Laureate Education

In other Laureate Education news, Director Corro Pedro Del sold 25,000 shares of the company's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $19.58, for a total transaction of $489,500.00. Following the completion of the transaction, the director now owns 29,686 shares of the company's stock, valued at $581,251.88. This represents a 45.72 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 2.32% of the company's stock.

Analyst Ratings Changes

Separately, BMO Capital Markets increased their price target on shares of Laureate Education from $17.00 to $20.00 and gave the company an "outperform" rating in a research report on Friday, November 1st.

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.