North of South Capital LLP Makes New Investment in Laureate Education, Inc. (NASDAQ:LAUR)

North of South Capital LLP bought a new position in Laureate Education, Inc. (NASDAQ:LAUR) in the 4th quarter, Holdings Channel.com reports. The fund bought 1,256,065 shares of the company’s stock, valued at approximately $22,973,000. Laureate Education comprises approximately 2.8% of North of South Capital LLP’s investment portfolio, making the stock its 12th biggest holding.

Several other large investors also recently added to or reduced their stakes in LAUR. Creative Planning bought a new stake in Laureate Education in the third quarter worth approximately $181,000. Nisa Investment Advisors LLC grew its position in Laureate Education by 3.2% in the third quarter. Nisa Investment Advisors LLC now owns 22,174 shares of the company’s stock worth $368,000 after acquiring an additional 682 shares in the last quarter. New York State Teachers Retirement System bought a new stake in Laureate Education in the third quarter worth approximately $95,000. Harbor Capital Advisors Inc. grew its position in Laureate Education by 207.4% in the third quarter. Harbor Capital Advisors Inc. now owns 824,985 shares of the company’s stock worth $13,703,000 after acquiring an additional 556,573 shares in the last quarter. Finally, Van ECK Associates Corp lifted its stake in shares of Laureate Education by 51.0% in the third quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after buying an additional 763 shares during the last quarter. 96.27% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets boosted their price objective on shares of Laureate Education from $17.00 to $20.00 and gave the stock an “outperform” rating in a research note on Friday, November 1st.

Insider Activity at Laureate Education

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

Laureate Education Price Performance

Shares of Laureate Education stock opened at $20.97 on Friday. The firm has a fifty day simple moving average of $18.90 and a 200-day simple moving average of $17.35. 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 1-year low of $12.59 and a 1-year high of $21.73. The stock has a market capitalization of $3.16 billion, a price-to-earnings ratio of 13.27 and a beta of 0.84.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.20. Laureate Education had a net margin of 15.76% and a return on equity of 27.13%. On average, sell-side analysts expect that Laureate Education, Inc. will post 1.54 earnings per share for the current year.

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.