19,019 Shares in Laureate Education, Inc. (NASDAQ:LAUR) Bought by Elo Mutual Pension Insurance Co

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

Other hedge funds and other institutional investors have also made changes to their positions in the company. Geode Capital Management LLC increased its stake in shares of Laureate Education by 0.3% during the third quarter. Geode Capital Management LLC now owns 3,185,347 shares of the company’s stock worth $52,918,000 after buying an additional 10,447 shares during the period. State Street Corp grew its holdings in Laureate Education by 2.2% during the 3rd quarter. State Street Corp now owns 3,116,661 shares of the company’s stock worth $51,768,000 after acquiring an additional 68,122 shares in the last quarter. Boston Partners increased its position in shares of Laureate Education by 5.3% in the 4th quarter. Boston Partners now owns 2,584,925 shares of the company’s stock valued at $47,497,000 after purchasing an additional 130,172 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Laureate Education by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company’s stock valued at $39,892,000 after purchasing an additional 35,521 shares in the last quarter. Finally, Marathon Asset Management Ltd lifted its position in shares of Laureate Education by 0.8% during the 4th quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company’s stock worth $31,161,000 after purchasing an additional 14,110 shares during the last quarter. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Insider Transactions at Laureate Education

In other news, Director Ian Kendell Snow sold 520,831 shares of the firm’s stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $17.47, for a total transaction of $9,098,917.57. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 2.32% of the company’s stock.

Laureate Education Stock Performance

Shares of LAUR opened at $20.45 on Monday. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 10.54 and a beta of 0.80. Laureate Education, Inc. has a 52-week low of $13.26 and a 52-week high of $21.73. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15. The stock has a 50 day moving average price of $19.50 and a 200 day moving average price of $18.24.

Laureate Education (NASDAQ:LAUR) last issued its earnings results on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $411.50 million. Research analysts predict that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.