Van Berkom & Associates Inc. Sells 317,420 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Van Berkom & Associates Inc. reduced its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 4.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,733,365 shares of the company's stock after selling 317,420 shares during the quarter. Laureate Education accounts for approximately 3.7% of Van Berkom & Associates Inc.'s portfolio, making the stock its largest holding. Van Berkom & Associates Inc. owned 4.47% of Laureate Education worth $123,153,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Van ECK Associates Corp lifted its stake in shares of Laureate Education by 51.0% during 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 during the period. KBC Group NV lifted its position in shares of Laureate Education by 62.3% during the third quarter. KBC Group NV now owns 4,075 shares of the company's stock worth $68,000 after purchasing an additional 1,564 shares during the last quarter. New York State Teachers Retirement System acquired a new stake in shares of Laureate Education during the third quarter worth $95,000. Plato Investment Management Ltd acquired a new position in Laureate Education during the 3rd quarter valued at approximately $147,000. Finally, Creative Planning acquired a new stake in shares of Laureate Education in the 3rd quarter worth about $181,000. 96.27% of the stock is owned by hedge funds and other institutional investors.

Laureate Education Stock Up 0.6 %

LAUR traded up $0.12 during midday trading on Tuesday, hitting $19.40. 292,562 shares of the company's stock traded hands, compared to its average volume of 647,462. 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, Inc. has a one year low of $12.97 and a one year high of $21.73. The stock's fifty day simple moving average is $18.92 and its 200-day simple moving average is $17.47. The company has a market cap of $2.92 billion, a PE ratio of 10.00 and a beta of 0.84.

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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 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 the consensus estimate of $411.50 million. As a group, equities analysts anticipate that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, BMO Capital Markets upped their target price on shares of Laureate Education from $21.00 to $23.00 and gave the stock an "outperform" rating in a research report on Monday.

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.