Laureate Education (NASDAQ:LAUR) Sets New 52-Week High at $14.97

Laureate Education, Inc. (NASDAQ:LAUR)’s stock price reached a new 52-week high during trading on Friday . The stock traded as high as $14.97 and last traded at $14.89, with a volume of 303016 shares traded. The stock had previously closed at $14.45.

Analysts Set New Price Targets

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

Laureate Education Stock Performance

The company’s 50-day moving average price is $13.95 and its 200 day moving average price is $13.60. 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 capitalization of $2.33 billion, a PE ratio of 23.13 and a beta of 0.74.

Laureate Education (NASDAQ:LAUR) last posted its earnings results on Thursday, February 22nd. The company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.27 by $0.03. Laureate Education had a net margin of 7.26% and a return on equity of 12.69%. The firm had revenue of $409.40 million during the quarter, compared to analysts’ expectations of $390.39 million. During the same period last year, the company posted $0.22 EPS. On average, equities research analysts expect that Laureate Education, Inc. will post 1.29 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of LAUR. 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 acquiring an additional 1,599,817 shares during the period. Fourth Sail Capital LP lifted its position in Laureate Education by 109.3% during the 1st quarter. Fourth Sail Capital LP now owns 2,122,092 shares of the company’s stock valued at $30,919,000 after acquiring an additional 1,108,142 shares during the period. Boston Partners lifted its position in Laureate Education by 25.6% during the 3rd quarter. Boston Partners now owns 5,124,756 shares of the company’s stock valued at $72,288,000 after acquiring an additional 1,045,373 shares during the period. Van Berkom & Associates Inc. lifted its position in Laureate Education by 8.1% during the 3rd quarter. Van Berkom & Associates Inc. now owns 7,125,871 shares of the company’s stock valued at $100,475,000 after acquiring an additional 531,670 shares during the period. Finally, Hsbc Holdings PLC lifted its position in Laureate Education by 1,013.4% during the 3rd quarter. Hsbc Holdings PLC now owns 558,947 shares of the company’s stock valued at $7,875,000 after acquiring an additional 508,745 shares during the period. 96.27% of the stock is owned by hedge funds and other institutional investors.

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.