Hillsdale Investment Management Inc. Purchases 2,300 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Hillsdale Investment Management Inc. lifted its position in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 0.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 283,121 shares of the company’s stock after buying an additional 2,300 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Laureate Education were worth $5,178,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Asset Management One Co. Ltd. grew its position in shares of Laureate Education by 21.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 76,317 shares of the company’s stock worth $1,390,000 after buying an additional 13,540 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position 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 valued at $35,638,000 after purchasing an additional 80,570 shares in the last quarter. Burney Co. bought a new stake in Laureate Education during the fourth quarter valued at about $666,000. KBC Group NV boosted its position in Laureate Education by 48.4% during the fourth quarter. KBC Group NV now owns 6,049 shares of the company’s stock valued at $111,000 after purchasing an additional 1,974 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in Laureate Education during the fourth quarter valued at about $310,000. Institutional investors own 96.27% of the company’s stock.

Insiders Place Their Bets

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of the firm’s stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $17.47, for a total value of $9,098,917.57. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 2.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets raised their price objective on 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 stock opened at $19.31 on Friday. 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 is $19.33 and its 200 day moving average is $18.00. The company has a market cap of $2.91 billion, a P/E ratio of 9.95 and a beta of 0.80. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63.

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

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.