Cerity Partners LLC Takes Position in Laureate Education, Inc. (NASDAQ:LAUR)

Cerity Partners LLC bought a new stake in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 18,025 shares of the company's stock, valued at approximately $327,000.

Several other large investors have also bought and sold shares of LAUR. Barclays PLC boosted its position in shares of Laureate Education by 298.8% in the 3rd quarter. Barclays PLC now owns 230,098 shares of the company's stock valued at $3,823,000 after purchasing an additional 172,405 shares during the period. Nordea Investment Management AB boosted its position in shares of Laureate Education by 22.2% in the 4th quarter. Nordea Investment Management AB now owns 39,441 shares of the company's stock valued at $721,000 after purchasing an additional 7,156 shares during the period. Harbor Capital Advisors Inc. boosted its position in shares of Laureate Education by 10.8% in the 4th quarter. Harbor Capital Advisors Inc. now owns 914,092 shares of the company's stock valued at $16,719,000 after purchasing an additional 89,107 shares during the period. Assenagon Asset Management S.A. lifted its stake in Laureate Education by 71.6% in the 4th quarter. Assenagon Asset Management S.A. now owns 145,274 shares of the company's stock worth $2,657,000 after acquiring an additional 60,616 shares in the last quarter. Finally, Burney Co. purchased a new stake in Laureate Education in the 4th quarter worth about $666,000. Institutional investors own 96.27% of the company's stock.

Analysts Set New Price Targets

Separately, BMO Capital Markets increased their price objective on Laureate Education from $21.00 to $23.00 and gave the stock an "outperform" rating in a research note on Monday, February 24th.

Laureate Education Stock Up 0.3 %

Shares of LAUR traded up $0.07 during midday trading on Tuesday, reaching $19.81. 54,993 shares of the stock were exchanged, compared to its average volume of 779,008. Laureate Education, Inc. has a 12-month low of $13.26 and a 12-month high of $21.73. The firm has a 50 day simple moving average of $19.54 and a 200-day simple moving average of $18.74. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15. The company has a market cap of $2.99 billion, a price-to-earnings ratio of 10.21 and a beta of 0.43.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted 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. 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 during the quarter, compared to the consensus estimate of $411.50 million. Research analysts forecast that Laureate Education, Inc. will post 1.51 EPS for the current year.

Insider Activity at Laureate Education

In related news, Director Ian Kendell Snow sold 520,831 shares of the firm's 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 filing with the SEC, which can be accessed through this hyperlink. 1.20% of the stock is owned by company insiders.

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.