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

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

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LAUR. J.Safra Asset Management Corp grew its holdings in shares of 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 purchasing an additional 866 shares during the last quarter. KBC Group NV boosted its holdings in shares of 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 buying an additional 1,974 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of 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 purchasing an additional 673 shares in the last quarter. Nomura Asset Management Co. Ltd. bought a new position in shares of Laureate Education in the 4th quarter worth $216,000. Finally, New York State Teachers Retirement System lifted its position 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 valued at $223,000 after acquiring an additional 6,455 shares in the last quarter. Institutional investors own 96.27% of the company's stock.

Insider Buying and Selling

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were 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 can be accessed through this hyperlink. 1.20% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets raised their price objective on Laureate Education from $23.00 to $24.00 and gave the company an "outperform" rating in a research note on Monday, May 5th.

Laureate Education Stock Performance

Shares of NASDAQ:LAUR traded down $0.41 during mid-day trading on Monday, reaching $22.65. The company had a trading volume of 513,183 shares, compared to its average volume of 745,772. 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 firm has a market cap of $3.37 billion, a price-to-earnings ratio of 11.68 and a beta of 0.59. The company's 50-day moving average price is $20.23 and its 200-day moving average price is $19.38. Laureate Education, Inc. has a one year low of $13.60 and a one year high of $23.61.

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

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.