Ameriprise Financial Inc. Has $17.51 Million Stock Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Ameriprise Financial Inc. lowered its position in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 3.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 957,129 shares of the company's stock after selling 29,139 shares during the period. Ameriprise Financial Inc. owned 0.64% of Laureate Education worth $17,506,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Asset Management One Co. Ltd. lifted its holdings in shares of Laureate Education by 21.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 76,317 shares of the company's stock worth $1,390,000 after buying an additional 13,540 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in Laureate Education by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company's stock worth $39,892,000 after acquiring an additional 35,521 shares during the period. Burney Co. acquired a new stake in Laureate Education in the 4th quarter worth about $666,000. Raymond James Financial Inc. bought a new stake in Laureate Education in the 4th quarter valued at about $408,000. Finally, KBC Group NV grew its position in shares of Laureate Education by 48.4% during the 4th quarter. KBC Group NV now owns 6,049 shares of the company's stock worth $111,000 after purchasing an additional 1,974 shares in the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Laureate Education

In other news, Director Ian Kendell Snow sold 520,831 shares of the business's stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total transaction of $9,098,917.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.20% of the company's stock.

Laureate Education Price Performance

Shares of LAUR traded down $0.15 during trading hours on Tuesday, hitting $22.50. 571,608 shares of the company were exchanged, compared to its average volume of 745,078. 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 fifty-two week low of $13.60 and a fifty-two week high of $23.61. The company has a market cap of $3.35 billion, a price-to-earnings ratio of 11.60 and a beta of 0.59. The firm's fifty day moving average is $20.31 and its 200 day moving average is $19.42.

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

Wall Street Analysts Forecast Growth

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

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.