Zurcher Kantonalbank Zurich Cantonalbank Grows Stock Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 30.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,336 shares of the company’s stock after buying an additional 7,530 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Laureate Education were worth $443,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Parkside Financial Bank & Trust raised its stake in shares of Laureate Education by 33.0% in the third quarter. Parkside Financial Bank & Trust now owns 6,584 shares of the company’s stock valued at $93,000 after acquiring an additional 1,633 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Laureate Education in the third quarter valued at $245,000. Inspire Investing LLC acquired a new stake in shares of Laureate Education in the third quarter valued at $308,000. Raymond James & Associates acquired a new stake in shares of Laureate Education in the fourth quarter valued at $316,000. Finally, Diversified Trust Co raised its stake in shares of Laureate Education by 5.8% in the fourth quarter. Diversified Trust Co now owns 23,135 shares of the company’s stock valued at $317,000 after acquiring an additional 1,259 shares in the last quarter. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Laureate Education Stock Up 5.3 %

Laureate Education stock opened at $14.98 on Friday. Laureate Education, Inc. has a 1-year low of $11.34 and a 1-year high of $15.06. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.50 and a quick ratio of 0.50. The stock has a market cap of $2.36 billion, a PE ratio of 23.41 and a beta of 0.74. The stock’s fifty day moving average is $14.11 and its two-hundred day moving average is $13.61.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings results on Thursday, May 2nd. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.12). Laureate Education had a net margin of 7.26% and a return on equity of 12.69%. The business had revenue of $275.40 million during the quarter, compared to analyst estimates of $269.35 million. During the same quarter in the prior year, the business earned ($0.17) earnings per share. The firm’s quarterly revenue was up 9.6% on a year-over-year basis. On average, sell-side analysts expect that Laureate Education, Inc. will post 1.29 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.