Elo Mutual Pension Insurance Co Takes $348,000 Position in Laureate Education, Inc. (NASDAQ:LAUR)

Elo Mutual Pension Insurance Co acquired a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 19,019 shares of the company’s stock, valued at approximately $348,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. J.Safra Asset Management Corp raised its holdings in shares of 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 acquiring an additional 866 shares during the period. KBC Group NV raised its stake in Laureate Education by 48.4% during the fourth quarter. KBC Group NV now owns 6,049 shares of the company’s stock worth $111,000 after purchasing an additional 1,974 shares during the period. Parkside Financial Bank & Trust boosted its holdings in Laureate Education by 10.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock valued at $128,000 after purchasing an additional 673 shares during the last quarter. New York State Teachers Retirement System grew its stake in shares of Laureate Education by 112.8% in the 4th quarter. New York State Teachers Retirement System now owns 12,180 shares of the company’s stock valued at $223,000 after buying an additional 6,455 shares during the period. Finally, Cibc World Markets Corp acquired a new stake in shares of Laureate Education during the 4th quarter worth approximately $223,000. Institutional investors and hedge funds own 96.27% of the company’s stock.

Laureate Education Price Performance

Shares of LAUR opened at $20.45 on Monday. The firm has a 50-day simple moving average of $19.50 and a two-hundred day simple moving average of $18.24. The stock has a market cap of $3.08 billion, a PE ratio of 10.54 and a beta of 0.80. Laureate Education, Inc. has a 1-year low of $13.26 and a 1-year high of $21.73. 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 (NASDAQ:LAUR) last posted its 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. The firm had revenue of $423.40 million during the quarter, compared to the consensus estimate of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. As a group, analysts forecast that Laureate Education, Inc. will post 1.51 EPS for the current year.

Wall Street Analyst Weigh In

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

Insider Activity at Laureate Education

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of Laureate Education stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $17.47, for a total value of $9,098,917.57. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 2.32% of the company’s stock.

About Laureate Education

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.