Fiera Capital Corp Has $7.14 Million Stock Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Fiera Capital Corp increased its position in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 1.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 429,747 shares of the company’s stock after buying an additional 6,556 shares during the quarter. Fiera Capital Corp’s holdings in Laureate Education were worth $7,138,000 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. nVerses Capital LLC acquired a new position in shares of Laureate Education during the second quarter worth approximately $25,000. Van ECK Associates Corp increased its stake in Laureate Education by 51.0% during the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock valued at $36,000 after purchasing an additional 763 shares in the last quarter. Quarry LP acquired a new position in Laureate Education during the second quarter worth $50,000. Allspring Global Investments Holdings LLC lifted its stake in shares of Laureate Education by 24.4% in the first quarter. Allspring Global Investments Holdings LLC now owns 3,889 shares of the company’s stock valued at $57,000 after buying an additional 764 shares in the last quarter. Finally, New York State Teachers Retirement System acquired a new position in shares of Laureate Education during the third quarter valued at about $95,000. Institutional investors own 96.27% of the company’s stock.

Laureate Education Stock Up 0.3 %

Laureate Education stock opened at $18.79 on Friday. Laureate Education, Inc. has a fifty-two week low of $12.45 and a fifty-two week high of $19.12. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63. The firm’s 50-day simple moving average is $16.06 and its 200 day simple moving average is $15.40. The stock has a market cap of $2.83 billion, a PE ratio of 11.89 and a beta of 0.82.

Laureate Education (NASDAQ:LAUR) last released its earnings results on Thursday, October 31st. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.40. The company had revenue of $368.60 million during the quarter, compared to analyst estimates of $361.80 million. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. Laureate Education’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.23 earnings per share. Research analysts predict that Laureate Education, Inc. will post 1.42 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. BMO Capital Markets raised their price target on shares of Laureate Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research report on Friday, November 1st. Morgan Stanley lowered Laureate Education from an “overweight” rating to an “equal weight” rating and set a $17.00 target price on the stock. in a report on Friday, July 26th.

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.