23,038 Shares in Laureate Education, Inc. (NASDAQ:LAUR) Purchased by Raymond James & Associates

Raymond James & Associates bought a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 23,038 shares of the company’s stock, valued at approximately $316,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wellington Management Group LLP lifted its holdings in Laureate Education by 28.9% in the third 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. Boston Partners lifted its holdings in Laureate Education by 25.6% in the third 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 holdings in Laureate Education by 8.1% in the third 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. Hsbc Holdings PLC lifted its holdings in Laureate Education by 1,013.4% in the third 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. Finally, Alberta Investment Management Corp lifted its holdings in Laureate Education by 133.1% in the third quarter. Alberta Investment Management Corp now owns 574,582 shares of the company’s stock valued at $8,102,000 after acquiring an additional 328,136 shares during the period. Institutional investors and hedge funds own 96.27% of the company’s stock.

Laureate Education Trading Up 2.4 %

Shares of NASDAQ:LAUR opened at $14.80 on Monday. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $2.33 billion, a PE ratio of 23.13 and a beta of 0.74. The business has a 50 day moving average of $13.95 and a two-hundred day moving average of $13.59. Laureate Education, Inc. has a 12-month low of $11.34 and a 12-month high of $14.97.

Laureate Education (NASDAQ:LAUR) last announced its earnings results on Thursday, February 22nd. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.03. The business had revenue of $409.40 million during the quarter, compared to the consensus estimate 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 company posted $0.22 EPS. As a group, analysts forecast that Laureate Education, Inc. will post 1.29 EPS for the current year.

Analysts Set New Price Targets

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

Laureate Education 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.