Laureate Education, Inc. (NASDAQ:LAUR) Shares Sold by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. lowered its position in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 3.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 84,412 shares of the company’s stock after selling 3,090 shares during the period. Daiwa Securities Group Inc. owned about 0.05% of Laureate Education worth $1,158,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Parkside Financial Bank & Trust grew its holdings in shares of Laureate Education by 33.0% during the third quarter. Parkside Financial Bank & Trust now owns 6,584 shares of the company’s stock worth $93,000 after buying an additional 1,633 shares during the last quarter. Counterpoint Mutual Funds LLC purchased a new stake in Laureate Education in the 3rd quarter valued at approximately $113,000. Acadian Asset Management LLC acquired a new stake in shares of Laureate Education in the 3rd quarter valued at approximately $245,000. Inspire Investing LLC acquired a new stake in shares of Laureate Education in the 3rd quarter valued at approximately $308,000. Finally, Raymond James & Associates purchased a new stake in shares of Laureate Education in the fourth quarter valued at approximately $316,000. 96.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, TheStreet raised Laureate Education from a “c+” rating to a “b” rating in a report on Monday, February 26th.

Laureate Education Stock Up 0.5 %

LAUR stock opened at $14.32 on Thursday. The company’s 50 day simple moving average is $13.89 and its 200-day simple moving average is $13.59. The firm has a market capitalization of $2.26 billion, a PE ratio of 22.38 and a beta of 0.74. Laureate Education, Inc. has a 12 month low of $11.34 and a 12 month high of $14.91. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.50 and a quick ratio of 0.50.

Laureate Education (NASDAQ:LAUR) last announced its earnings results on Thursday, February 22nd. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. Laureate Education had a return on equity of 12.69% and a net margin of 7.26%. The firm had revenue of $409.40 million for the quarter, compared to analysts’ expectations of $390.39 million. During the same quarter in the prior year, the firm earned $0.22 EPS. Equities analysts expect that Laureate Education, Inc. will post 1.34 earnings per share for the current fiscal year.

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.