Caisse Des Depots ET Consignations Invests $1.85 Million in Laureate Education, Inc. (NASDAQ:LAUR)

Caisse Des Depots ET Consignations purchased a new stake in shares of Laureate Education, Inc. (NASDAQ:LAUR) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 101,349 shares of the company’s stock, valued at approximately $1,854,000. Caisse Des Depots ET Consignations owned approximately 0.07% of Laureate Education as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its holdings in shares of Laureate Education by 0.3% during the 3rd quarter. Geode Capital Management LLC now owns 3,185,347 shares of the company’s stock valued at $52,918,000 after buying an additional 10,447 shares in the last quarter. State Street Corp lifted its position in Laureate Education by 2.2% during the 3rd quarter. State Street Corp now owns 3,116,661 shares of the company’s stock valued at $51,768,000 after acquiring an additional 68,122 shares during the period. Boston Partners boosted its stake in Laureate Education by 5.3% during the fourth quarter. Boston Partners now owns 2,584,925 shares of the company’s stock worth $47,497,000 after acquiring an additional 130,172 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Laureate Education by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company’s stock worth $39,892,000 after purchasing an additional 35,521 shares during the period. Finally, Marathon Asset Management Ltd increased its stake in shares of Laureate Education by 0.8% during the fourth quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company’s stock valued at $31,161,000 after purchasing an additional 14,110 shares in the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

Laureate Education Price Performance

Shares of NASDAQ:LAUR opened at $20.66 on Friday. The business has a fifty day moving average price of $19.46 and a 200-day moving average price of $18.15. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market capitalization of $3.12 billion, a PE ratio of 10.65 and a beta of 0.80. Laureate Education, Inc. has a 1-year low of $13.26 and a 1-year high of $21.73.

Laureate Education (NASDAQ:LAUR) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.20. The business had revenue of $423.40 million during 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, equities analysts expect that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets boosted their price target on Laureate Education from $21.00 to $23.00 and gave the stock an “outperform” rating in a research report on Monday, February 24th.

Insider Buying and Selling

In related news, Director Ian Kendell Snow sold 520,831 shares of the 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 SEC, which can be accessed through the SEC website. 2.32% of the stock is owned by company insiders.

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.