Vanguard Group Inc. Has $193.23 Million Stake in Laureate Education, Inc. (NASDAQ:LAUR)

Vanguard Group Inc. raised its stake in Laureate Education, Inc. (NASDAQ:LAUR) by 0.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,094,408 shares of the company’s stock after acquiring an additional 108,259 shares during the period. Vanguard Group Inc. owned about 8.94% of Laureate Education worth $193,234,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Quarry LP grew its holdings in shares of Laureate Education by 52.4% in the 4th quarter. Quarry LP now owns 2,683 shares of the company’s stock worth $37,000 after purchasing an additional 923 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in Laureate Education by 14.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 7,539 shares of the company’s stock worth $103,000 after buying an additional 955 shares during the last quarter. CenterBook Partners LP acquired a new stake in shares of Laureate Education during the fourth quarter worth approximately $195,000. Nomura Asset Management Co. Ltd. raised its stake 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 acquiring an additional 3,901 shares during the last quarter. Finally, Raymond James & Associates acquired a new position in shares of Laureate Education in the 4th quarter worth approximately $316,000. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Laureate Education Stock Down 0.2 %

NASDAQ LAUR opened at $14.52 on Wednesday. The stock’s 50 day simple moving average is $15.14 and its 200 day simple moving average is $14.09. Laureate Education, Inc. has a one year low of $11.73 and a one year high of $16.60. The firm has a market cap of $2.29 billion, a PE ratio of 19.62 and a beta of 0.80. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.55 and a quick ratio of 0.55.

Laureate Education (NASDAQ:LAUR) last announced its earnings results on Thursday, May 2nd. The company reported ($0.07) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.12). Laureate Education had a return on equity of 13.98% and a net margin of 8.19%. The business had revenue of $275.40 million for the quarter, compared to the consensus estimate of $269.35 million. During the same quarter in the previous year, the company posted ($0.17) EPS. Laureate Education’s revenue for the quarter was up 9.6% on a year-over-year basis. As a group, sell-side analysts forecast that Laureate Education, Inc. will post 1.29 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Laureate Education news, Director Corro Pedro Del sold 5,957 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $16.31, for a total value of $97,158.67. Following the completion of the sale, the director now owns 46,729 shares in the company, valued at approximately $762,149.99. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 document filed with the SEC, which is accessible through the SEC website. Also, Director Corro Pedro Del sold 5,957 shares of Laureate Education stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $16.31, for a total value of $97,158.67. Following the completion of the sale, the director now owns 46,729 shares of the company’s stock, valued at $762,149.99. The disclosure for this sale can be found here. Insiders have sold a total of 2,122,190 shares of company stock valued at $31,080,297 in the last 90 days. 2.32% of the stock is currently owned by insiders.

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.