Nisa Investment Advisors LLC Buys 7,875 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Nisa Investment Advisors LLC increased its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 24.3% during the fourth quarter, HoldingsChannel reports. The fund owned 40,280 shares of the company’s stock after acquiring an additional 7,875 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Laureate Education were worth $552,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. increased its holdings in Laureate Education by 80.4% in the 1st quarter. Vanguard Group Inc. now owns 10,900,035 shares of the company’s stock valued at $129,165,000 after buying an additional 4,858,080 shares during the period. Millennium Management LLC lifted its position in Laureate Education by 1,816.9% during the 4th quarter. Millennium Management LLC now owns 3,816,331 shares of the company’s stock worth $36,713,000 after buying an additional 3,617,245 shares in the last quarter. Norges Bank acquired a new position in Laureate Education during the 4th quarter valued at about $16,959,000. Wellington Management Group LLP lifted its position in Laureate Education by 28.9% during the 3rd quarter. Wellington Management Group LLP now owns 7,143,474 shares of the company’s stock valued at $100,723,000 after purchasing an additional 1,599,817 shares during the period. Finally, Deutsche Bank AG lifted its position in Laureate Education by 367.6% during the 1st quarter. Deutsche Bank AG now owns 1,383,833 shares of the company’s stock valued at $16,274,000 after purchasing an additional 1,087,882 shares during the period. Institutional investors own 96.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, TheStreet raised Laureate Education from a “c+” rating to a “b” rating in a research note on Monday, February 26th.

Laureate Education Price Performance

NASDAQ LAUR opened at $14.07 on Thursday. The business has a 50 day simple moving average of $13.77 and a 200 day simple moving average of $13.58. Laureate Education, Inc. has a 52-week low of $11.34 and a 52-week high of $14.91. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.50 and a current ratio of 0.50. The stock has a market cap of $2.22 billion, a price-to-earnings ratio of 21.98 and a beta of 0.74.

Laureate Education (NASDAQ:LAUR) last posted its earnings results on Thursday, February 22nd. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.27 by $0.03. The business had revenue of $409.40 million during the quarter, compared to analysts’ expectations of $390.39 million. Laureate Education had a return on equity of 12.69% and a net margin of 7.26%. During the same period in the prior year, the business earned $0.22 EPS. Analysts anticipate that Laureate Education, Inc. will post 1.22 earnings per share for the current fiscal year.

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.