Boston Partners Buys 130,172 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Boston Partners boosted its stake in Laureate Education, Inc. (NASDAQ:LAUR) by 5.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,584,925 shares of the company’s stock after purchasing an additional 130,172 shares during the period. Boston Partners owned about 1.72% of Laureate Education worth $47,497,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in LAUR. Victory Capital Management Inc. lifted its stake in Laureate Education by 32.3% in the 3rd quarter. Victory Capital Management Inc. now owns 92,133 shares of the company’s stock valued at $1,530,000 after purchasing an additional 22,470 shares during the last quarter. KBC Group NV lifted its stake in Laureate Education by 62.3% in the 3rd quarter. KBC Group NV now owns 4,075 shares of the company’s stock valued at $68,000 after purchasing an additional 1,564 shares during the last quarter. Segall Bryant & Hamill LLC lifted its stake in Laureate Education by 1.5% in the 3rd quarter. Segall Bryant & Hamill LLC now owns 304,206 shares of the company’s stock valued at $5,053,000 after purchasing an additional 4,368 shares during the last quarter. Intech Investment Management LLC bought a new position in Laureate Education in the 3rd quarter valued at approximately $414,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in Laureate Education by 3.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,145,552 shares of the company’s stock valued at $35,638,000 after purchasing an additional 80,570 shares during the last quarter. Institutional investors own 96.27% of the company’s stock.

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 transaction of $9,098,917.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.32% of the stock is currently owned by corporate insiders.

Laureate Education Price Performance

LAUR stock opened at $19.62 on Thursday. The company has a fifty day moving average price of $19.29 and a 200-day moving average price of $17.97. The company has a market capitalization of $2.96 billion, a P/E ratio of 10.11 and a beta of 0.80. Laureate Education, Inc. has a 52-week low of $13.26 and a 52-week high of $21.73. 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 released its quarterly earnings results on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.20. The firm had revenue of $423.40 million during the quarter, compared to the consensus estimate of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. As a group, equities analysts expect that Laureate Education, Inc. will post 1.51 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets raised their price target on shares of Laureate Education from $21.00 to $23.00 and gave the company 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.