Laureate Education, Inc. (NASDAQ:LAUR) Short Interest Update

Laureate Education, Inc. (NASDAQ:LAUR) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 3,440,000 shares, a decline of 16.9% from the October 31st total of 4,140,000 shares. Based on an average trading volume of 651,800 shares, the short-interest ratio is currently 5.3 days.

Analyst Ratings Changes

Separately, BMO Capital Markets upped their target price on Laureate Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research report on Friday, November 1st.

Insiders Place Their Bets

In related news, Director Corro Pedro Del sold 25,000 shares of Laureate Education stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $19.58, for a total transaction of $489,500.00. Following the completion of the transaction, the director now owns 29,686 shares in the company, valued at approximately $581,251.88. This trade represents a 45.72 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.32% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Lazard Asset Management LLC grew its holdings in Laureate Education by 6.9% during the 1st quarter. Lazard Asset Management LLC now owns 20,268 shares of the company’s stock worth $295,000 after acquiring an additional 1,301 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Laureate Education by 81.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 156,438 shares of the company’s stock valued at $2,280,000 after purchasing an additional 70,121 shares in the last quarter. Swedbank AB purchased a new position in shares of Laureate Education during the 1st quarter valued at $11,241,000. Harbor Capital Advisors Inc. grew its position in shares of Laureate Education by 218.5% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 268,412 shares of the company’s stock valued at $4,010,000 after purchasing an additional 184,139 shares in the last quarter. Finally, Diversified Trust Co grew its position in shares of Laureate Education by 6.7% during the 2nd quarter. Diversified Trust Co now owns 25,284 shares of the company’s stock valued at $378,000 after purchasing an additional 1,594 shares in the last quarter. 96.27% of the stock is currently owned by institutional investors.

Laureate Education Trading Up 0.4 %

Shares of NASDAQ:LAUR opened at $19.00 on Monday. The company has a market capitalization of $2.86 billion, a P/E ratio of 12.03 and a beta of 0.82. Laureate Education has a 1 year low of $12.45 and a 1 year high of $19.98. 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 business’s 50 day simple moving average is $17.02 and its 200 day simple moving average is $15.79.

Laureate Education (NASDAQ:LAUR) last released its earnings results on Thursday, October 31st. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.40. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. The firm had revenue of $368.60 million during the quarter, compared to analysts’ expectations of $361.80 million. During the same period in the prior year, the company earned $0.23 earnings per share. The company’s quarterly revenue was up 2.0% on a year-over-year basis. On average, research analysts anticipate that Laureate Education will post 1.42 EPS for the current fiscal 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.