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

Vanguard Group Inc. reduced its position in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 0.7% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,672,609 shares of the company’s stock after selling 84,779 shares during the period. Vanguard Group Inc. owned approximately 0.08% of Laureate Education worth $231,782,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. J.Safra Asset Management Corp lifted its holdings in 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 acquiring an additional 866 shares during the period. KBC Group NV boosted its holdings in Laureate Education by 48.4% during the fourth quarter. KBC Group NV now owns 6,049 shares of the company’s stock worth $111,000 after buying an additional 1,974 shares in the last quarter. Parkside Financial Bank & Trust grew its position in Laureate Education by 10.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock worth $128,000 after buying an additional 673 shares during the period. New York State Teachers Retirement System grew its holdings in shares of Laureate Education by 112.8% in the 4th quarter. New York State Teachers Retirement System now owns 12,180 shares of the company’s stock worth $223,000 after acquiring an additional 6,455 shares during the period. Finally, Cibc World Markets Corp acquired a new stake in Laureate Education in the fourth quarter valued at $223,000. 96.27% of the stock is owned by hedge funds and other institutional investors.

Laureate Education Stock Down 6.5 %

LAUR stock opened at $18.98 on Friday. Laureate Education, Inc. has a one year low of $13.26 and a one year high of $21.73. The stock has a market capitalization of $2.86 billion, a P/E ratio of 9.78 and a beta of 0.43. The company has a 50 day moving average price of $19.65 and a two-hundred day moving average price of $18.36. 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 (NASDAQ:LAUR) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.20. The business had revenue of $423.40 million for the quarter, compared to analyst estimates of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. As a group, sell-side analysts expect that Laureate Education, Inc. will post 1.51 EPS for the current year.

Insider Transactions at Laureate Education

In other news, Director Ian Kendell Snow sold 520,831 shares of the stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $17.47, for a total value of $9,098,917.57. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 2.32% of the company’s stock.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets raised 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 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.