Hsbc Holdings PLC Lowers Stock Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Hsbc Holdings PLC cut its stake in Laureate Education, Inc. (NASDAQ:LAUR – Get Rating) by 14.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 56,994 shares of the company’s stock after selling 9,423 shares during the period. Hsbc Holdings PLC’s holdings in Laureate Education were worth $609,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC boosted its holdings in Laureate Education by 18.0% in the second quarter. O Shaughnessy Asset Management LLC now owns 28,475 shares of the company’s stock valued at $329,000 after purchasing an additional 4,351 shares during the period. Fox Run Management L.L.C. purchased a new position in Laureate Education in the third quarter valued at $373,000. Amundi boosted its holdings in Laureate Education by 41.1% in the second quarter. Amundi now owns 348,188 shares of the company’s stock valued at $3,844,000 after purchasing an additional 101,413 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Laureate Education by 14.1% in the third quarter. Allspring Global Investments Holdings LLC now owns 22,104 shares of the company’s stock valued at $233,000 after purchasing an additional 2,733 shares during the period. Finally, Nisa Investment Advisors LLC boosted its holdings in Laureate Education by 68.5% in the third quarter. Nisa Investment Advisors LLC now owns 56,785 shares of the company’s stock valued at $627,000 after purchasing an additional 23,080 shares during the period. 71.25% of the stock is currently owned by hedge funds and other institutional investors.

Laureate Education Trading Up 1.6 %

NASDAQ:LAUR opened at $11.91 on Friday. The firm has a market cap of $1.87 billion, a PE ratio of 27.07 and a beta of 0.76. The stock has a fifty day moving average price of $10.58 and a 200 day moving average price of $10.83. Laureate Education, Inc. has a 12-month low of $9.24 and a 12-month high of $13.35. The company has a current ratio of 0.59, a quick ratio of 0.59 and a debt-to-equity ratio of 0.23.

Laureate Education Company Profile

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Laureate Education, Inc engages in the provision of higher educational services to undergraduate and graduate degree programs. It operates through the Mexico segment and Peru segment. The Mexico and Peru segments include the operation and management of universities. The company was founded by Douglas L.