Deutsche Bank AG Sells 554,196 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Deutsche Bank AG reduced its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 40.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 814,775 shares of the company's stock after selling 554,196 shares during the period. Deutsche Bank AG owned 0.54% of Laureate Education worth $14,902,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in LAUR. J.Safra Asset Management Corp increased its stake in Laureate Education by 34.4% in the fourth quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock valued at $61,000 after purchasing an additional 866 shares in the last quarter. KBC Group NV lifted its stake in shares of Laureate Education by 48.4% in the fourth quarter. KBC Group NV now owns 6,049 shares of the company's stock valued at $111,000 after buying an additional 1,974 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in Laureate Education by 10.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock valued at $128,000 after purchasing an additional 673 shares during the last quarter. Nomura Asset Management Co. Ltd. purchased a new stake in shares of Laureate Education in the fourth quarter worth approximately $216,000. Finally, New York State Teachers Retirement System grew its holdings in Laureate Education by 112.8% during the fourth 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 in the last quarter. 96.27% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

Laureate Education Stock Performance

Laureate Education stock traded down $0.16 during mid-day trading on Wednesday, reaching $22.34. The company's stock had a trading volume of 90,014 shares, compared to its average volume of 794,053. The firm's fifty day moving average price is $20.39 and its two-hundred day moving average price is $19.44. 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, Inc. has a 12-month low of $13.60 and a 12-month high of $23.61. The company has a market capitalization of $3.32 billion, a P/E ratio of 11.52 and a beta of 0.59.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.62 EPS for the quarter, beating 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. Sell-side analysts predict that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

Insider Buying and Selling

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of the company's stock in a transaction dated 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 document filed with the SEC, which can be accessed through this link. 1.20% of the stock is currently owned by company insiders.

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.