Dark Forest Capital Management LP Makes New $503,000 Investment in Laureate Education, Inc. (NASDAQ:LAUR)

Dark Forest Capital Management LP acquired a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 27,525 shares of the company's stock, valued at approximately $503,000.

Other hedge funds have also recently bought and sold shares of the company. J.Safra Asset Management Corp grew its stake in Laureate Education by 34.4% during the fourth quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock worth $61,000 after buying an additional 866 shares during the last quarter. KBC Group NV grew its position in 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 acquiring an additional 1,974 shares during the last quarter. Parkside Financial Bank & Trust grew its position in Laureate Education by 10.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock worth $128,000 after acquiring an additional 673 shares during the last quarter. Nomura Asset Management Co. Ltd. acquired a new stake in Laureate Education during the 4th quarter valued at $216,000. Finally, New York State Teachers Retirement System boosted its stake in Laureate Education by 112.8% in the fourth 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. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Laureate Education

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $17.47, for a total transaction of $9,098,917.57. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 1.20% of the stock is owned by corporate insiders.

Laureate Education Price Performance

Shares of LAUR traded up $1.64 during mid-day trading on Friday, hitting $22.28. 426,717 shares of the company traded hands, compared to its average volume of 753,072. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $3.36 billion, a price-to-earnings ratio of 11.42 and a beta of 0.43. The business has a 50-day moving average of $19.56 and a 200 day moving average of $18.80. Laureate Education, Inc. has a one year low of $13.26 and a one year high of $22.24.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.42 by $0.20. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. The company had revenue of $423.40 million during the quarter, compared to analysts' expectations of $411.50 million. As a group, equities analysts expect 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 Laureate Education from $21.00 to $23.00 and gave the company an "outperform" rating in a report on Monday, February 24th.

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.