82,510 Shares in Laureate Education, Inc. (NASDAQ:LAUR) Acquired by Algert Global LLC

Algert Global LLC purchased a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 82,510 shares of the company's stock, valued at approximately $1,509,000. Algert Global LLC owned about 0.05% of Laureate Education as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mariner LLC raised its position in Laureate Education by 3.3% in the fourth quarter. Mariner LLC now owns 16,933 shares of the company's stock valued at $310,000 after purchasing an additional 541 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of Laureate Education by 10.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock valued at $128,000 after buying an additional 673 shares in the last quarter. J.Safra Asset Management Corp grew its position in Laureate Education by 34.4% during the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock worth $61,000 after acquiring an additional 866 shares during the last quarter. Martingale Asset Management L P lifted its stake in shares of Laureate Education by 0.7% in the 4th quarter. Martingale Asset Management L P now owns 132,170 shares of the company's stock valued at $2,417,000 after purchasing an additional 884 shares during the period. Finally, MBM Wealth Consultants LLC grew its holdings in shares of Laureate Education by 6.0% in the fourth quarter. MBM Wealth Consultants LLC now owns 17,622 shares of the company's stock worth $320,000 after acquiring an additional 990 shares during the period. Institutional investors own 96.27% of the company's stock.

Insider Buying and Selling

In related news, Director Ian Kendell Snow sold 520,831 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total value of $9,098,917.57. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 1.20% of the company's stock.

Laureate Education Trading Down 0.2%

NASDAQ LAUR traded down $0.04 on Tuesday, reaching $22.47. The stock had a trading volume of 857,299 shares, compared to its average volume of 747,606. The firm has a market capitalization of $3.39 billion, a price-to-earnings ratio of 11.58 and a beta of 0.59. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15. Laureate Education, Inc. has a 12-month low of $13.60 and a 12-month high of $23.61. The stock has a fifty day moving average price of $19.96 and a two-hundred day moving average price of $19.19.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.20. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. The company had revenue of $423.40 million for the quarter, compared to analyst estimates of $411.50 million. As a group, sell-side analysts forecast that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets upped their price target on shares of Laureate Education from $23.00 to $24.00 and gave the stock an "outperform" rating in a report on Monday, May 5th.

Laureate Education Company 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.