State Board of Administration of Florida Retirement System Acquires 2,390 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

State Board of Administration of Florida Retirement System boosted its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR – Get Rating) by 21.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,417 shares of the company’s stock after buying an additional 2,390 shares during the period. State Board of Administration of Florida Retirement System’s holdings in Laureate Education were worth $129,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Royal Bank of Canada increased its holdings in Laureate Education by 31.9% during the 3rd quarter. Royal Bank of Canada now owns 3,481 shares of the company’s stock valued at $37,000 after purchasing an additional 841 shares during the period. Federated Hermes Inc. boosted its position in Laureate Education by 178.7% during the 3rd quarter. Federated Hermes Inc. now owns 6,767 shares of the company’s stock valued at $71,000 after acquiring an additional 4,339 shares in the last quarter. Tower Research Capital LLC TRC raised its holdings in Laureate Education by 46.1% in the 3rd quarter. Tower Research Capital LLC TRC now owns 7,403 shares of the company’s stock worth $78,000 after acquiring an additional 2,337 shares during the last quarter. Bridgefront Capital LLC purchased a new position in Laureate Education in the 3rd quarter worth approximately $107,000. Finally, ExodusPoint Capital Management LP purchased a new position in Laureate Education in the 3rd quarter worth approximately $119,000. Hedge funds and other institutional investors own 71.25% of the company’s stock.

Analysts Set New Price Targets

LAUR has been the subject of a number of recent analyst reports. TheStreet upgraded shares of Laureate Education from a “c+” rating to a “b-” rating in a report on Monday, April 3rd. Morgan Stanley lowered shares of Laureate Education from an “overweight” rating to an “equal weight” rating and set a $15.00 target price for the company. in a research note on Monday, May 8th.

Insider Activity at Laureate Education

In related news, COO Marcelo Cardoso sold 25,300 shares of the stock in a transaction dated Thursday, May 11th. The shares were sold at an average price of $11.95, for a total value of $302,335.00. Following the completion of the transaction, the chief operating officer now owns 139,306 shares of the company’s stock, valued at approximately $1,664,706.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.10% of the stock is owned by insiders.

Laureate Education Trading Up 0.5 %

Shares of Laureate Education stock opened at $12.32 on Wednesday. The company has a market capitalization of $1.94 billion, a P/E ratio of 23.69 and a beta of 0.77. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.69 and a current ratio of 0.69. The company has a fifty day moving average of $11.82 and a 200 day moving average of $11.05. Laureate Education, Inc. has a fifty-two week low of $9.24 and a fifty-two week high of $13.35.

Laureate Education (NASDAQ:LAUR – Get Rating) last issued its earnings results on Thursday, May 4th. The company reported ($0.17) earnings per share for the quarter. The firm had revenue of $251.30 million during the quarter, compared to the consensus estimate of $233.94 million. Laureate Education had a return on equity of 9.62% and a net margin of 6.78%. On average, sell-side analysts anticipate that Laureate Education, Inc. will post 0.62 earnings per share for the current fiscal year.

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.