Los Angeles Capital Management LLC Sells 7,166 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Los Angeles Capital Management LLC lowered its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 7.0% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 95,741 shares of the company’s stock after selling 7,166 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Laureate Education were worth $1,313,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of LAUR. SummerHaven Investment Management LLC grew its stake in shares of Laureate Education by 1.4% in the 4th quarter. SummerHaven Investment Management LLC now owns 60,070 shares of the company’s stock worth $824,000 after acquiring an additional 814 shares in the last quarter. Parkside Financial Bank & Trust grew its position in Laureate Education by 14.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,539 shares of the company’s stock worth $103,000 after purchasing an additional 955 shares in the last quarter. Diversified Trust Co increased its stake in Laureate Education by 5.8% in the 4th quarter. Diversified Trust Co now owns 23,135 shares of the company’s stock valued at $317,000 after buying an additional 1,259 shares during the last quarter. New York State Common Retirement Fund lifted its position in shares of Laureate Education by 5.2% during the 4th quarter. New York State Common Retirement Fund now owns 53,319 shares of the company’s stock worth $731,000 after buying an additional 2,650 shares in the last quarter. Finally, Swiss National Bank boosted its stake in shares of Laureate Education by 1.0% in the 3rd quarter. Swiss National Bank now owns 293,700 shares of the company’s stock worth $4,141,000 after buying an additional 2,900 shares during the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

Laureate Education Price Performance

Shares of NASDAQ:LAUR opened at $16.32 on Thursday. Laureate Education, Inc. has a fifty-two week low of $11.34 and a fifty-two week high of $16.36. The company’s 50-day moving average is $14.27 and its 200 day moving average is $13.63. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.55 and a current ratio of 0.55. The company has a market capitalization of $2.57 billion, a P/E ratio of 22.05 and a beta of 0.74.

Laureate Education (NASDAQ:LAUR) last released its 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). The company had revenue of $275.40 million for the quarter, compared to the consensus estimate of $269.35 million. Laureate Education had a net margin of 8.19% and a return on equity of 13.98%. The firm’s revenue was up 9.6% on a year-over-year basis. During the same period in the prior year, the company earned ($0.17) earnings per share. On average, equities research analysts forecast that Laureate Education, Inc. will post 1.29 earnings per share for the current year.

Insiders Place Their Bets

In other news, Director Ian Kendell Snow sold 2,114,928 shares of the company’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $14.64, for a total transaction of $30,962,545.92. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 2.32% of the company’s stock.

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.