Vanguard Group Inc. Has $231.78 Million Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Vanguard Group Inc. reduced its position in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 0.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,672,609 shares of the company's stock after selling 84,779 shares during the period. Vanguard Group Inc. owned about 8.41% of Laureate Education worth $231,782,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of LAUR. Parkside Financial Bank & Trust lifted 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 acquiring an additional 673 shares in the last quarter. J.Safra Asset Management Corp raised its holdings in shares of Laureate Education by 34.4% in the fourth 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 last quarter. MBM Wealth Consultants LLC lifted its position in shares of Laureate Education by 6.0% in the fourth quarter. MBM Wealth Consultants LLC now owns 17,622 shares of the company's stock worth $320,000 after purchasing an additional 990 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in Laureate Education by 3.5% during the fourth quarter. Daiwa Securities Group Inc. now owns 47,558 shares of the company's stock worth $870,000 after purchasing an additional 1,606 shares during the last quarter. Finally, KBC Group NV grew 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 valued at $111,000 after purchasing an additional 1,974 shares in the last quarter. 96.27% of the stock is currently owned by institutional investors.

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Insider Buying and Selling

In other news, Director Ian Kendell Snow sold 520,831 shares of Laureate Education stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total transaction of $9,098,917.57. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 2.32% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

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

Laureate Education Stock Down 2.8 %

Shares of NASDAQ LAUR traded down $0.55 during trading hours on Thursday, hitting $19.01. The company had a trading volume of 668,124 shares, compared to its average volume of 753,876. Laureate Education, Inc. has a 1-year low of $13.26 and a 1-year 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 firm's 50 day moving average is $19.66 and its 200-day moving average is $18.44. The stock has a market capitalization of $2.87 billion, a P/E ratio of 9.80 and a beta of 0.43.

Laureate Education (NASDAQ:LAUR - Get Free Report) last announced 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 analysts' expectations of $411.50 million. On average, analysts expect that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal 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.