Driehaus Capital Management LLC Increases Position in Laureate Education, Inc. (NASDAQ:LAUR)

Driehaus Capital Management LLC grew its holdings in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 30.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 444,572 shares of the company's stock after acquiring an additional 104,280 shares during the period. Driehaus Capital Management LLC owned about 0.30% of Laureate Education worth $8,131,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Asset Management One Co. Ltd. lifted its position in shares of Laureate Education by 21.6% during the 4th quarter. Asset Management One Co. Ltd. now owns 76,317 shares of the company's stock worth $1,390,000 after purchasing an additional 13,540 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Laureate Education by 1.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company's stock worth $39,892,000 after purchasing an additional 35,521 shares during the last quarter. Burney Co. purchased a new stake in shares of Laureate Education during the 4th quarter worth $666,000. Raymond James Financial Inc. purchased a new stake in shares of Laureate Education during the 4th quarter worth $408,000. Finally, KBC Group NV lifted its position 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 purchasing an additional 1,974 shares during the last quarter. Institutional investors and hedge funds own 96.27% of the company's stock.

Insider Activity at Laureate Education

In other news, Director Ian Kendell Snow sold 520,831 shares of the company's 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.20% of the stock is owned by corporate insiders.

Laureate Education Stock Up 0.9%

Shares of NASDAQ:LAUR traded up $0.20 during trading on Thursday, hitting $22.68. 145,163 shares of the company were exchanged, compared to its average volume of 744,443. The stock has a market capitalization of $3.42 billion, a P/E ratio of 11.71 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. Laureate Education, Inc. has a 12-month low of $13.60 and a 12-month high of $23.65. The firm's 50 day moving average price is $20.09 and its 200-day moving average price is $19.23.

Laureate Education (NASDAQ:LAUR - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.62 earnings per share 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 firm had revenue of $423.40 million during the quarter, compared to analysts' expectations of $411.50 million. On average, research analysts predict that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets lifted their price objective 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 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.