Amundi reduced its position in Laureate Education, Inc. (NASDAQ:LAUR – Free Report) by 35.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 259,168 shares of the company’s stock after selling 141,297 shares during the period. Amundi owned 0.17% of Laureate Education worth $4,841,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Victory Capital Management Inc. raised its holdings in Laureate Education by 32.3% during the 3rd quarter. Victory Capital Management Inc. now owns 92,133 shares of the company’s stock worth $1,530,000 after purchasing an additional 22,470 shares during the last quarter. Plato Investment Management Ltd acquired a new stake in shares of Laureate Education during the 3rd quarter worth approximately $147,000. KBC Group NV raised its stake in shares of Laureate Education by 62.3% during the third quarter. KBC Group NV now owns 4,075 shares of the company’s stock worth $68,000 after buying an additional 1,564 shares during the last quarter. Segall Bryant & Hamill LLC lifted its holdings in Laureate Education by 1.5% in the third quarter. Segall Bryant & Hamill LLC now owns 304,206 shares of the company’s stock valued at $5,053,000 after buying an additional 4,368 shares during the period. Finally, Intech Investment Management LLC bought a new position in Laureate Education in the third quarter valued at approximately $414,000. Institutional investors own 96.27% of the company’s stock.
Analysts Set New Price Targets
Separately, BMO Capital Markets upped their target price on shares of Laureate Education from $21.00 to $23.00 and gave the company an “outperform” rating in a research report on Monday, February 24th.
Laureate Education Price Performance
Shares of LAUR opened at $18.89 on Friday. The stock has a market cap of $2.85 billion, a P/E ratio of 9.74 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 stock’s 50-day moving average price is $19.23 and its two-hundred day moving average price is $17.88. 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 (NASDAQ:LAUR – Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) 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 firm had revenue of $423.40 million during the quarter, compared to analysts’ expectations of $411.50 million. On average, equities analysts predict that Laureate Education, Inc. will post 1.51 earnings per share for the current year.
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.
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