Laureate Education, Inc. (NASDAQ:LAUR) Shares Acquired by HighVista Strategies LLC

HighVista Strategies LLC raised its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 8.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 121,607 shares of the company’s stock after purchasing an additional 9,500 shares during the period. HighVista Strategies LLC owned 0.08% of Laureate Education worth $2,020,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Price T Rowe Associates Inc. MD increased its holdings in shares of Laureate Education by 81.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 156,438 shares of the company’s stock worth $2,280,000 after buying an additional 70,121 shares during the last quarter. Harbor Capital Advisors Inc. grew its position in Laureate Education by 207.4% during the third quarter. Harbor Capital Advisors Inc. now owns 824,985 shares of the company’s stock valued at $13,703,000 after acquiring an additional 556,573 shares during the period. Renaissance Technologies LLC increased its stake in Laureate Education by 56.7% during the second quarter. Renaissance Technologies LLC now owns 330,400 shares of the company’s stock worth $4,936,000 after acquiring an additional 119,600 shares during the last quarter. Mondrian Investment Partners LTD purchased a new position in shares of Laureate Education in the 2nd quarter worth about $1,633,000. Finally, Swedbank AB lifted its stake in shares of Laureate Education by 225.8% in the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Laureate Education Stock Down 0.9 %

Shares of NASDAQ LAUR opened at $18.83 on Tuesday. The stock has a fifty day moving average price of $17.07 and a 200 day moving average price of $15.80. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. Laureate Education, Inc. has a 12-month low of $12.45 and a 12-month high of $19.98. The company has a market cap of $2.84 billion, a P/E ratio of 11.92 and a beta of 0.82.

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

Analysts Set New Price Targets

Separately, 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 report on Friday, November 1st.

Insider Activity

In related news, Director Corro Pedro Del sold 25,000 shares of the firm’s stock in a transaction 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 completion of the sale, the director now directly owns 29,686 shares of the company’s stock, valued at approximately $581,251.88. This trade represents a 45.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.32% of the company’s stock.

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.