Y Intercept Hong Kong Ltd Invests $504,000 in Laureate Education, Inc. (NASDAQ:LAUR)

Y Intercept Hong Kong Ltd acquired a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,567 shares of the company’s stock, valued at approximately $504,000.

Other large investors also recently made changes to their positions in the company. Asset Management One Co. Ltd. boosted its holdings in Laureate Education by 21.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 76,317 shares of the company’s stock worth $1,390,000 after purchasing an additional 13,540 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in Laureate Education by 207.4% during the third quarter. Harbor Capital Advisors Inc. now owns 824,985 shares of the company’s stock worth $13,703,000 after purchasing an additional 556,573 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Laureate Education by 3.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,145,552 shares of the company’s stock worth $35,638,000 after purchasing an additional 80,570 shares during the last quarter. Burney Co. acquired a new position in Laureate Education during the fourth quarter worth $666,000. Finally, KBC Group NV boosted its holdings 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 last quarter. Institutional investors own 96.27% of the company’s stock.

Laureate Education Trading Up 0.4 %

LAUR opened at $19.93 on Friday. The company’s 50 day moving average is $19.03 and its 200-day moving average is $17.58. Laureate Education, Inc. has a 1-year low of $13.26 and a 1-year high of $21.73. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. The company has a market cap of $3.00 billion, a P/E ratio of 10.27 and a beta of 0.84.

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

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets increased their price target on shares of 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 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.