Y Intercept Hong Kong Ltd acquired a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 27,567 shares of the company's stock, valued at approximately $504,000.
A number of other hedge funds have also recently bought and sold shares of the company. Van ECK Associates Corp boosted its holdings in Laureate Education by 51.0% during the third 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 last quarter. KBC Group NV lifted its position 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 worth $68,000 after buying an additional 1,564 shares in the last quarter. New York State Teachers Retirement System purchased a new position in shares of Laureate Education in the 3rd quarter worth approximately $95,000. Plato Investment Management Ltd purchased a new stake in shares of Laureate Education during the third quarter valued at approximately $147,000. Finally, Creative Planning bought a new stake in Laureate Education during the third quarter worth $181,000. 96.27% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Separately, BMO Capital Markets raised their target price on Laureate Education from $21.00 to $23.00 and gave the company an "outperform" rating in a research report on Monday, February 24th.
Get Our Latest Research Report on Laureate Education
Laureate Education Stock Performance
LAUR traded down $0.20 during midday trading on Wednesday, reaching $19.83. The company had a trading volume of 794,348 shares, compared to its average volume of 715,975. The business has a 50-day moving average price of $19.13 and a two-hundred day moving average price of $17.69. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63. Laureate Education, Inc. has a 12-month low of $13.26 and a 12-month high of $21.73. The stock has a market cap of $2.99 billion, a PE ratio of 10.22 and a beta of 0.80.
Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.42 by $0.20. The business had revenue of $423.40 million for the quarter, compared to the consensus estimate of $411.50 million. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. On average, sell-side analysts expect that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.
About Laureate Education
(
Free Report)
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.
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