Laureate Education, Inc. (NASDAQ:LAUR) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lessened its stake in Laureate Education, Inc. (NASDAQ:LAUR) by 10.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 273,031 shares of the company’s stock after selling 31,175 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.18% of Laureate Education worth $4,994,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of LAUR. Intech Investment Management LLC bought a new stake in Laureate Education in the third quarter valued at about $414,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Laureate Education by 3.9% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,145,552 shares of the company’s stock valued at $35,638,000 after acquiring an additional 80,570 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Laureate Education by 25.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 59,826 shares of the company’s stock valued at $994,000 after acquiring an additional 12,143 shares during the last quarter. Capstone Investment Advisors LLC acquired a new stake in shares of Laureate Education during the 3rd quarter valued at approximately $318,000. Finally, Verition Fund Management LLC bought a new position in Laureate Education during the third quarter worth $309,000. Institutional investors own 96.27% of the company’s stock.

Insider Activity

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $17.47, for a total transaction of $9,098,917.57. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.32% of the company’s stock.

Analyst Ratings Changes

Separately, BMO Capital Markets boosted their target price 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 Stock Performance

Shares of NASDAQ LAUR opened at $20.66 on Friday. The stock has a market capitalization of $3.12 billion, a P/E ratio of 10.65 and a beta of 0.80. The firm’s 50-day moving average price is $19.46 and its two-hundred day moving average price is $18.15. Laureate Education, Inc. has a 52-week low of $13.26 and a 52-week high of $21.73. 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 (NASDAQ:LAUR) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.20. The business had revenue of $423.40 million for 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%. As a group, sell-side analysts forecast 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.