Commonwealth of Pennsylvania Public School Empls Retrmt SYS Increases Stake in Laureate Education, Inc. (NASDAQ:LAUR)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Laureate Education, Inc. (NASDAQ:LAUR) by 9.5% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 179,255 shares of the company’s stock after buying an additional 15,559 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.12% of Laureate Education worth $3,279,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in LAUR. Swedbank AB boosted 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 buying an additional 1,741,800 shares during the period. North of South Capital LLP purchased a new stake in Laureate Education during the fourth quarter worth approximately $22,973,000. Cape Ann Asset Management Ltd purchased a new stake in Laureate Education during the third quarter worth approximately $17,412,000. Union Bancaire Privee UBP SA purchased a new stake in Laureate Education during the fourth quarter worth approximately $15,057,000. Finally, Hotchkis & Wiley Capital Management LLC purchased a new stake in Laureate Education during the third quarter worth approximately $6,757,000. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets boosted their target price on Laureate Education from $21.00 to $23.00 and gave the stock an “outperform” rating in a research note on Monday, February 24th.

Insiders Place Their Bets

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of Laureate Education stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total transaction of $9,098,917.57. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 2.32% of the stock is currently owned by corporate insiders.

Laureate Education Price Performance

LAUR stock opened at $19.31 on Monday. The stock has a market cap of $2.91 billion, a price-to-earnings ratio of 9.95 and a beta of 0.80. Laureate Education, Inc. has a fifty-two week low of $13.26 and a fifty-two week high of $21.73. The business has a 50 day moving average price of $19.33 and a 200 day moving average price of $18.05. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15.

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

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.