Nisa Investment Advisors LLC Increases Stock Position in Laureate Education, Inc. (NASDAQ:LAUR)

Nisa Investment Advisors LLC raised its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 3.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,174 shares of the company’s stock after acquiring an additional 682 shares during the period. Nisa Investment Advisors LLC’s holdings in Laureate Education were worth $368,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Swedbank AB raised its position in Laureate Education by 225.8% in the third quarter. Swedbank AB now owns 2,513,300 shares of the company’s stock valued at $41,746,000 after purchasing an additional 1,741,800 shares during the period. Harbor Capital Advisors Inc. raised its holdings in shares of Laureate Education by 218.5% in the 2nd quarter. Harbor Capital Advisors Inc. now owns 268,412 shares of the company’s stock valued at $4,010,000 after buying an additional 184,139 shares during the period. Van Berkom & Associates Inc. lifted its stake in Laureate Education by 2.2% during the 2nd quarter. Van Berkom & Associates Inc. now owns 6,951,804 shares of the company’s stock worth $103,860,000 after acquiring an additional 151,397 shares in the last quarter. Vanguard Group Inc. boosted its holdings in Laureate Education by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 14,231,273 shares of the company’s stock valued at $207,350,000 after acquiring an additional 136,865 shares during the period. Finally, Renaissance Technologies LLC grew its position in Laureate Education by 56.7% in the 2nd quarter. Renaissance Technologies LLC now owns 330,400 shares of the company’s stock valued at $4,936,000 after acquiring an additional 119,600 shares in the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LAUR has been the topic of several research reports. Morgan Stanley cut shares of Laureate Education from an “overweight” rating to an “equal weight” rating and set a $17.00 price target on the stock. in a research report on Friday, July 26th. BMO Capital Markets increased their target price on shares of Laureate Education from $17.00 to $20.00 and gave the stock an “outperform” rating in a report on Friday, November 1st.

Laureate Education Trading Up 2.0 %

LAUR opened at $17.65 on Wednesday. The business has a fifty day moving average price of $15.87 and a 200 day moving average price of $15.33. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. Laureate Education, Inc. has a 12 month low of $12.45 and a 12 month high of $18.39. The stock has a market capitalization of $2.69 billion, a price-to-earnings ratio of 11.17 and a beta of 0.82.

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

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.