Bailard Inc. lifted its position in Laureate Education, Inc. (NASDAQ:LAUR – Free Report) by 11.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 22,229 shares of the company’s stock after purchasing an additional 2,329 shares during the period. Bailard Inc.’s holdings in Laureate Education were worth $407,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also modified their holdings of the company. Creative Planning acquired a new position in Laureate Education during the 3rd quarter worth $181,000. Nisa Investment Advisors LLC lifted its holdings in shares of Laureate Education by 3.2% during the third quarter. Nisa Investment Advisors LLC now owns 22,174 shares of the company’s stock worth $368,000 after buying an additional 682 shares during the last quarter. New York State Teachers Retirement System bought a new stake in shares of Laureate Education in the third quarter valued at approximately $95,000. Van ECK Associates Corp grew its stake in shares of Laureate Education by 51.0% in the third quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after acquiring an additional 763 shares during the last quarter. Finally, Asset Management One Co. Ltd. grew its stake in shares of Laureate Education by 1.4% in the third quarter. Asset Management One Co. Ltd. now owns 62,777 shares of the company’s stock worth $1,043,000 after acquiring an additional 896 shares during the last quarter. 96.27% of the stock is owned by institutional investors.
Analyst Ratings Changes
Separately, BMO Capital Markets upped their target price 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 Trading Up 0.2 %
Shares of LAUR opened at $20.03 on Wednesday. The stock’s 50-day moving average price is $19.10 and its 200 day moving average price is $17.68. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $3.02 billion, a price-to-earnings ratio of 10.32 and a beta of 0.80. Laureate Education, Inc. has a 12-month low of $13.26 and a 12-month high of $21.73.
Laureate Education (NASDAQ:LAUR – Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.20. The business had revenue of $423.40 million for the quarter, compared to analysts’ expectations of $411.50 million. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. As a group, research analysts predict that Laureate Education, Inc. will post 1.51 earnings per share for the current year.
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.
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