Laureate Education, Inc. (NASDAQ:LAUR) Position Cut by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. lowered its stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 91.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 19,431 shares of the company's stock after selling 220,387 shares during the period. Balyasny Asset Management L.P.'s holdings in Laureate Education were worth $355,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of LAUR. J.Safra Asset Management Corp increased its holdings in shares of Laureate Education by 34.4% in the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock valued at $61,000 after acquiring an additional 866 shares during the last quarter. KBC Group NV increased its stake in Laureate Education by 48.4% during the fourth quarter. KBC Group NV now owns 6,049 shares of the company's stock valued at $111,000 after purchasing an additional 1,974 shares during the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of Laureate Education by 10.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock worth $128,000 after purchasing an additional 673 shares during the period. Nomura Asset Management Co. Ltd. bought a new position in shares of Laureate Education in the 4th quarter worth about $216,000. Finally, New York State Teachers Retirement System lifted its position in shares of 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 buying an additional 6,455 shares during the last quarter. Institutional investors own 96.27% of the company's stock.

Insider Transactions at Laureate Education

In related news, Director Ian Kendell Snow sold 520,831 shares of Laureate Education stock in a transaction dated 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 filing with the SEC, which can be accessed through this link. Insiders own 1.20% of the company's stock.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets boosted their price objective 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 Stock Performance

Shares of NASDAQ LAUR traded up $0.05 during mid-day trading on Thursday, hitting $21.91. The company had a trading volume of 30,370 shares, compared to its average volume of 742,291. Laureate Education, Inc. has a 12 month low of $13.60 and a 12 month high of $23.61. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 11.30 and a beta of 0.59. 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 firm's 50 day simple moving average is $20.45 and its two-hundred day simple moving average is $19.46.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its earnings results on Thursday, February 20th. The company reported $0.62 earnings per share 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 firm had revenue of $423.40 million for the quarter, compared to analyst estimates of $411.50 million. As a group, equities research analysts forecast that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

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.