Aquatic Capital Management LLC Acquires New Position in Laureate Education, Inc. (NASDAQ:LAUR)

Aquatic Capital Management LLC acquired a new stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 38,031 shares of the company's stock, valued at approximately $696,000.

Other hedge funds have also recently made changes to their positions in the company. J.Safra Asset Management Corp boosted its stake in Laureate Education by 34.4% in the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock worth $61,000 after purchasing an additional 866 shares during the period. KBC Group NV boosted its position in shares of Laureate Education by 48.4% during the fourth quarter. KBC Group NV now owns 6,049 shares of the company's stock worth $111,000 after acquiring an additional 1,974 shares during the last quarter. Parkside Financial Bank & Trust grew its stake in Laureate Education by 10.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock valued at $128,000 after acquiring an additional 673 shares in the last quarter. Nomura Asset Management Co. Ltd. bought a new stake in Laureate Education in the 4th quarter valued at $216,000. Finally, New York State Teachers Retirement System lifted its stake in Laureate Education by 112.8% in the 4th quarter. New York State Teachers Retirement System now owns 12,180 shares of the company's stock worth $223,000 after purchasing an additional 6,455 shares in the last quarter. Institutional investors own 96.27% of the company's stock.

Laureate Education Trading Up 1.6 %

LAUR stock traded up $0.36 during midday trading on Monday, reaching $22.65. 1,334,053 shares of the company traded hands, compared to its average volume of 755,322. The firm has a market capitalization of $3.42 billion, a price-to-earnings ratio of 11.68 and a beta of 0.59. The business has a 50 day moving average of $19.62 and a 200-day moving average of $18.89. Laureate Education, Inc. has a 52-week low of $13.60 and a 52-week high of $22.92. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63.

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

Analyst Ratings Changes

Separately, BMO Capital Markets lifted their price objective on Laureate Education from $23.00 to $24.00 and gave the stock an "outperform" rating in a research note on Monday.

Insider Transactions at Laureate Education

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

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.