North of South Capital LLP Invests $22.97 Million in Laureate Education, Inc. (NASDAQ:LAUR)

North of South Capital LLP acquired a new position in Laureate Education, Inc. (NASDAQ:LAUR) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 1,256,065 shares of the company’s stock, valued at approximately $22,973,000. Laureate Education comprises approximately 2.8% of North of South Capital LLP’s investment portfolio, making the stock its 12th largest holding. North of South Capital LLP owned about 0.83% of Laureate Education at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Nisa Investment Advisors LLC grew its stake in shares of Laureate Education by 3.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 22,174 shares of the company’s stock worth $368,000 after purchasing an additional 682 shares during the last quarter. Van ECK Associates Corp boosted its holdings 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 buying an additional 763 shares during the period. Asset Management One Co. Ltd. boosted its holdings 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 buying an additional 896 shares during the period. MBM Wealth Consultants LLC increased its position in shares of Laureate Education by 6.0% in the fourth quarter. MBM Wealth Consultants LLC now owns 17,622 shares of the company’s stock worth $320,000 after acquiring an additional 990 shares in the last quarter. Finally, KBC Group NV increased its position in shares of Laureate Education by 62.3% in the third quarter. KBC Group NV now owns 4,075 shares of the company’s stock worth $68,000 after acquiring an additional 1,564 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.

Insider Activity at Laureate Education

In related news, Director Corro Pedro Del sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $19.58, for a total transaction of $489,500.00. Following the transaction, the director now directly owns 29,686 shares of the company’s stock, valued at approximately $581,251.88. The trade was a 45.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 2.32% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets lifted their target price on shares of Laureate Education from $17.00 to $20.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st.

Laureate Education Stock Performance

Laureate Education stock opened at $20.97 on Friday. The firm’s 50 day simple moving average is $18.90 and its 200-day simple moving average is $17.35. The company has a market cap of $3.16 billion, a P/E ratio of 13.27 and a beta of 0.84. 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 fifty-two week low of $12.59 and a fifty-two week high of $21.73.

Laureate Education (NASDAQ:LAUR) last released its earnings results on Thursday, February 20th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.20. Laureate Education had a net margin of 15.76% and a return on equity of 27.13%. As a group, equities research analysts predict that Laureate Education, Inc. will post 1.54 EPS for the current 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.