Laureate Education, Inc. (NASDAQ:LAUR) Shares Sold by Banco Santander S.A.

Banco Santander S.A. trimmed its position in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 39.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 36,442 shares of the company’s stock after selling 23,913 shares during the quarter. Banco Santander S.A.’s holdings in Laureate Education were worth $667,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in Laureate Education by 0.3% during the third quarter. Geode Capital Management LLC now owns 3,185,347 shares of the company’s stock worth $52,918,000 after purchasing an additional 10,447 shares in the last quarter. State Street Corp boosted its position in Laureate Education by 2.2% during the third quarter. State Street Corp now owns 3,116,661 shares of the company’s stock worth $51,768,000 after purchasing an additional 68,122 shares in the last quarter. Swedbank AB boosted its position in Laureate Education by 225.8% during the third quarter. Swedbank AB now owns 2,513,300 shares of the company’s stock worth $41,746,000 after purchasing an additional 1,741,800 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in Laureate Education by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company’s stock worth $39,892,000 after purchasing an additional 35,521 shares in the last quarter. Finally, Marathon Asset Management Ltd boosted its position in Laureate Education by 0.8% during the fourth quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company’s stock worth $31,161,000 after purchasing an additional 14,110 shares in the last quarter. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Laureate Education Stock Up 0.4 %

Shares of NASDAQ:LAUR opened at $19.42 on Monday. 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 $13.26 and a 52-week high of $21.73. The stock’s fifty day simple moving average is $19.17 and its 200-day simple moving average is $17.77. The company has a market capitalization of $2.93 billion, a P/E ratio of 10.01 and a beta of 0.80.

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

Analysts Set New Price Targets

Separately, BMO Capital Markets boosted their target price on Laureate Education from $21.00 to $23.00 and gave the stock an “outperform” rating in a research report on Monday, February 24th.

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.