Laureate Education, Inc. (NASDAQ:LAUR) Holdings Raised by Principal Financial Group Inc.

Principal Financial Group Inc. lifted its stake in Laureate Education, Inc. (NASDAQ:LAURFree Report) by 12.0% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,256 shares of the company’s stock after purchasing an additional 1,848 shares during the quarter. Principal Financial Group Inc.’s holdings in Laureate Education were worth $251,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of LAUR. Quarry LP boosted its holdings in shares of Laureate Education by 52.4% in the fourth quarter. Quarry LP now owns 2,683 shares of the company’s stock worth $37,000 after buying an additional 923 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in Laureate Education by 24.4% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,889 shares of the company’s stock worth $57,000 after purchasing an additional 764 shares during the period. Parkside Financial Bank & Trust grew its position in Laureate Education by 14.5% during 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. CenterBook Partners LP acquired a new stake in Laureate Education during the 4th quarter valued at $195,000. Finally, Nomura Asset Management Co. Ltd. lifted its holdings in shares of Laureate Education by 30.3% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 16,758 shares of the company’s stock valued at $230,000 after purchasing an additional 3,901 shares in the last quarter. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Insider Buying and Selling at Laureate Education

In related news, Director Ian Kendell Snow sold 2,114,928 shares of Laureate Education 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Ian Kendell Snow sold 2,114,928 shares of the stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $14.64, for a total value of $30,962,545.92. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Corro Pedro Del sold 5,957 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $16.31, for a total transaction of $97,158.67. Following the completion of the sale, the director now directly owns 46,729 shares of the company’s stock, valued at $762,149.99. The disclosure for this sale can be found here. Insiders sold 2,122,190 shares of company stock valued at $31,080,297 in the last quarter. Company insiders own 2.32% of the company’s stock.

Laureate Education Stock Performance

Shares of Laureate Education stock opened at $14.54 on Monday. The stock has a market cap of $2.29 billion, a PE ratio of 19.65 and a beta of 0.80. Laureate Education, Inc. has a 12 month low of $11.73 and a 12 month high of $16.60. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.19. The business has a fifty day simple moving average of $15.13 and a 200-day simple moving average of $14.11.

Laureate Education (NASDAQ:LAURGet Free Report) last released its earnings results on Thursday, May 2nd. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.12). The business had revenue of $275.40 million for the quarter, compared to analysts’ expectations of $269.35 million. Laureate Education had a net margin of 8.19% and a return on equity of 13.98%. The company’s revenue was up 9.6% compared to the same quarter last year. During the same period last year, the firm earned ($0.17) EPS. On average, sell-side analysts anticipate that Laureate Education, Inc. will post 1.29 EPS for the current fiscal year.

Laureate Education Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Laureate Education (NASDAQ:LAUR)

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