Wells Fargo & Company MN Raises Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Wells Fargo & Company MN boosted its stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 20.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 112,136 shares of the company's stock after purchasing an additional 18,695 shares during the quarter. Wells Fargo & Company MN owned about 0.07% of Laureate Education worth $2,051,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Resona Asset Management Co. Ltd. purchased a new stake in Laureate Education in the 4th quarter worth $441,000. Integrated Quantitative Investments LLC purchased a new stake in Laureate Education in the 4th quarter worth $798,000. O Shaughnessy Asset Management LLC purchased a new stake in Laureate Education in the 4th quarter worth $571,000. Brandywine Global Investment Management LLC purchased a new stake in Laureate Education in the 4th quarter worth $9,353,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Laureate Education in the 4th quarter worth $763,000. Hedge funds and other institutional investors own 96.27% of the company's stock.

Insider Transactions at Laureate Education

In related news, Director Ian Kendell Snow sold 520,831 shares of the business's stock in a transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.20% of the company's stock.

Laureate Education Price Performance

Shares of Laureate Education stock remained flat at $19.74 on Monday. The stock had a trading volume of 536,096 shares, compared to its average volume of 753,568. The firm has a market capitalization of $2.98 billion, a price-to-earnings ratio of 10.18 and a beta of 0.43. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. The firm's 50-day simple moving average is $19.54 and its 200-day simple moving average is $18.71. 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 announced its 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. The firm had revenue of $423.40 million during the quarter, compared to analysts' expectations of $411.50 million. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. As a group, analysts anticipate that Laureate Education, Inc. will post 1.51 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets boosted their price target 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 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.