AlphaQuest LLC Purchases Shares of 22,660 Laureate Education, Inc. (NASDAQ:LAUR)

AlphaQuest LLC bought a new stake in shares of Laureate Education, Inc. (NASDAQ:LAUR) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 22,660 shares of the company’s stock, valued at approximately $414,000.

Several other large investors also recently modified their holdings of LAUR. Van ECK Associates Corp lifted its position in Laureate Education by 51.0% during the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after buying an additional 763 shares in the last quarter. J.Safra Asset Management Corp increased its stake in Laureate Education by 34.4% during the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company’s stock worth $61,000 after purchasing an additional 866 shares in the last quarter. KBC Group NV boosted its position in shares of Laureate Education by 62.3% during the third quarter. KBC Group NV now owns 4,075 shares of the company’s stock worth $68,000 after buying an additional 1,564 shares during the period. Parkside Financial Bank & Trust lifted its position in shares of Laureate Education by 10.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock worth $128,000 after purchasing an additional 673 shares in the last quarter. Finally, Plato Investment Management Ltd acquired a new position in shares of Laureate Education during the 3rd quarter worth about $147,000. 96.27% of the stock is currently owned by institutional investors.

Laureate Education Stock Performance

NASDAQ:LAUR opened at $18.49 on Friday. Laureate Education, Inc. has a fifty-two week low of $13.26 and a fifty-two week high of $21.73. 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 company has a 50 day simple moving average of $19.22 and a two-hundred day simple moving average of $17.84. The company has a market capitalization of $2.79 billion, a PE ratio of 9.53 and a beta of 0.80.

Laureate Education (NASDAQ:LAUR) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.62 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.20. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. The business had revenue of $423.40 million for the quarter, compared to analysts’ expectations of $411.50 million. Research analysts anticipate that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets upped their price objective on 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 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.