Laureate Education, Inc. (NASDAQ:LAUR) Stake Reduced by Fourth Sail Capital LP

Fourth Sail Capital LP decreased its stake in Laureate Education, Inc. (NASDAQ:LAUR) by 30.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,520,138 shares of the company’s stock after selling 650,589 shares during the period. Laureate Education makes up 6.3% of Fourth Sail Capital LP’s portfolio, making the stock its 3rd biggest position. Fourth Sail Capital LP owned 1.00% of Laureate Education worth $25,249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. nVerses Capital LLC purchased a new position in Laureate Education in the 2nd quarter valued at about $25,000. 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 acquiring an additional 763 shares in the last quarter. Quarry LP purchased a new position in Laureate Education in the second quarter valued at about $50,000. Allspring Global Investments Holdings LLC grew its stake in Laureate Education by 24.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,889 shares of the company’s stock valued at $57,000 after purchasing an additional 764 shares in the last quarter. Finally, KBC Group NV increased its holdings in Laureate Education by 62.3% during the 3rd quarter. KBC Group NV now owns 4,075 shares of the company’s stock worth $68,000 after purchasing an additional 1,564 shares during the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.

Laureate Education Trading Up 1.1 %

NASDAQ:LAUR opened at $18.51 on Monday. The company has a market cap of $2.79 billion, a PE ratio of 11.72 and a beta of 0.82. The business’s 50 day moving average is $16.40 and its two-hundred day moving average is $15.55. 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, Inc. has a 52 week low of $12.45 and a 52 week high of $19.12.

Laureate Education (NASDAQ:LAUR) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.40. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. The firm had revenue of $368.60 million for the quarter, compared to analysts’ expectations of $361.80 million. During the same period last year, the business posted $0.23 earnings per share. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. On average, analysts predict that Laureate Education, Inc. will post 1.42 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently commented on LAUR. BMO Capital Markets increased their target price on Laureate Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Morgan Stanley lowered shares of Laureate Education from an “overweight” rating to an “equal weight” rating and set a $17.00 price objective for the company. in a report on Friday, July 26th.

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.