42,566 Shares in Laureate Education, Inc. (NASDAQ:LAUR) Purchased by Caxton Associates LP

Caxton Associates LP purchased a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR) during the second quarter, Holdings Channel reports. The firm purchased 42,566 shares of the company’s stock, valued at approximately $636,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC boosted its position in 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 last quarter. Arizona State Retirement System boosted its holdings in Laureate Education by 2.1% in the 2nd quarter. Arizona State Retirement System now owns 37,499 shares of the company’s stock valued at $560,000 after purchasing an additional 783 shares during the last quarter. Quarry LP boosted its holdings in Laureate Education by 52.4% in the 4th quarter. Quarry LP now owns 2,683 shares of the company’s stock valued at $37,000 after purchasing an additional 923 shares during the last quarter. SummerHaven Investment Management LLC boosted its holdings in Laureate Education by 1.6% in the 2nd quarter. SummerHaven Investment Management LLC now owns 61,738 shares of the company’s stock valued at $922,000 after purchasing an additional 958 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in Laureate Education by 9.5% in the 2nd quarter. Marshall Wace LLP now owns 11,500 shares of the company’s stock valued at $172,000 after purchasing an additional 1,000 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Morgan Stanley lowered shares of Laureate Education from an “overweight” rating to an “equal weight” rating and set a $17.00 target price on the stock. in a report on Friday, July 26th.

Laureate Education Stock Performance

NASDAQ:LAUR opened at $16.54 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 22.35 and a beta of 0.81. The company’s 50-day moving average is $15.29 and its two-hundred day moving average is $14.97. Laureate Education, Inc. has a 1-year low of $12.45 and a 1-year high of $17.60.

Laureate Education (NASDAQ:LAUR) last posted its earnings results on Thursday, August 1st. The company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.20. The company had revenue of $499.20 million for the quarter, compared to analyst estimates of $483.69 million. Laureate Education had a net margin of 12.64% and a return on equity of 21.37%. Laureate Education’s revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.35 EPS. Analysts forecast that Laureate Education, Inc. will post 1.41 EPS for the current year.

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.