Jefferies Financial Group Inc. Makes New $2.57 Million Investment in Laureate Education, Inc. (NASDAQ:LAUR)

Jefferies Financial Group Inc. acquired a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 140,700 shares of the company’s stock, valued at approximately $2,573,000. Jefferies Financial Group Inc. owned 0.09% of Laureate Education at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in LAUR. Barclays PLC increased its position in Laureate Education by 298.8% during the 3rd quarter. Barclays PLC now owns 230,098 shares of the company’s stock worth $3,823,000 after buying an additional 172,405 shares during the period. Assenagon Asset Management S.A. increased its position in shares of Laureate Education by 71.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 145,274 shares of the company’s stock worth $2,657,000 after purchasing an additional 60,616 shares during the period. Burney Co. bought a new position in shares of Laureate Education in the fourth quarter worth $666,000. Ritholtz Wealth Management bought a new position in shares of Laureate Education in the fourth quarter worth $380,000. Finally, MBM Wealth Consultants LLC increased its position in shares of Laureate Education by 6.0% in the fourth quarter. MBM Wealth Consultants LLC now owns 17,622 shares of the company’s stock worth $320,000 after purchasing an additional 990 shares during the period. Institutional investors own 96.27% of the company’s stock.

Laureate Education Stock Performance

Shares of LAUR stock opened at $22.47 on Wednesday. The business’s 50-day moving average price is $20.02 and its 200-day moving average price is $19.21. Laureate Education, Inc. has a 12 month low of $13.60 and a 12 month high of $23.61. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of 11.58 and a beta of 0.59. 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) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.20. The firm had revenue of $423.40 million for the quarter, compared to analyst estimates of $411.50 million. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. Equities research analysts forecast that Laureate Education, Inc. will post 1.51 EPS for the current year.

Analyst Ratings Changes

Separately, BMO Capital Markets raised their price objective on Laureate Education from $23.00 to $24.00 and gave the company an “outperform” rating in a research note on Monday, May 5th.

Insider Buying and Selling

In related news, Director Ian Kendell Snow sold 520,831 shares of Laureate Education stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total value of $9,098,917.57. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 1.20% of the stock is owned by insiders.

Laureate Education Company 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.