10,894 Shares in Laureate Education, Inc. (NASDAQ:LAUR) Bought by Creative Planning

Creative Planning acquired a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,894 shares of the company’s stock, valued at approximately $181,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in LAUR. Allspring Global Investments Holdings LLC raised its holdings in shares of Laureate Education by 24.4% during the first quarter. Allspring Global Investments Holdings LLC now owns 3,889 shares of the company’s stock worth $57,000 after acquiring an additional 764 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in Laureate Education by 10.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 93,708 shares of the company’s stock valued at $1,365,000 after buying an additional 9,077 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Laureate Education by 7.0% in the 1st quarter. BNP Paribas Financial Markets now owns 104,257 shares of the company’s stock valued at $1,519,000 after buying an additional 6,825 shares during the last quarter. SG Americas Securities LLC acquired a new stake in Laureate Education in the 1st quarter valued at $151,000. Finally, ProShare Advisors LLC increased its stake in Laureate Education by 8.5% in the 1st quarter. ProShare Advisors LLC now owns 23,554 shares of the company’s stock valued at $343,000 after buying an additional 1,853 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. BMO Capital Markets lifted their price target on shares of Laureate Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research note on Friday, November 1st. Morgan Stanley lowered shares of Laureate Education from an “overweight” rating to an “equal weight” rating and set a $17.00 price target on the stock. in a research note on Friday, July 26th.

Laureate Education Stock Down 0.3 %

Laureate Education stock opened at $18.74 on Tuesday. The firm has a market capitalization of $2.82 billion, a PE ratio of 11.80 and a beta of 0.82. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. The company’s 50-day moving average is $16.06 and its 200-day moving average is $15.42. Laureate Education, Inc. has a fifty-two week low of $12.45 and a fifty-two week high of $19.12.

Laureate Education (NASDAQ:LAUR) last announced its earnings results on Thursday, October 31st. The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.16 by $0.40. The business had revenue of $368.60 million during the quarter, compared to the consensus estimate of $361.80 million. Laureate Education had a net margin of 15.76% and a return on equity of 27.13%. Laureate Education’s revenue was up 2.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.23 EPS. Sell-side analysts anticipate that Laureate Education, Inc. will post 1.42 earnings per share for the current year.

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.