Laureate Education, Inc. (NASDAQ:LAUR) Position Reduced by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. cut its stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 2.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 890,779 shares of the company's stock after selling 23,313 shares during the quarter. Laureate Education comprises about 0.8% of Harbor Capital Advisors Inc.'s portfolio, making the stock its 6th biggest position. Harbor Capital Advisors Inc. owned approximately 0.59% of Laureate Education worth $18,216,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the stock. Mariner LLC boosted its position in shares of Laureate Education by 3.3% in the 4th quarter. Mariner LLC now owns 16,933 shares of the company's stock worth $310,000 after purchasing an additional 541 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in Laureate Education by 10.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock worth $128,000 after acquiring an additional 673 shares in the last quarter. J.Safra Asset Management Corp grew its stake 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 acquiring an additional 866 shares during the last quarter. Martingale Asset Management L P grew its stake in shares of Laureate Education by 0.7% during the fourth quarter. Martingale Asset Management L P now owns 132,170 shares of the company's stock worth $2,417,000 after acquiring an additional 884 shares during the last quarter. Finally, MetLife Investment Management LLC increased its holdings in shares of Laureate Education by 1.9% during the fourth quarter. MetLife Investment Management LLC now owns 78,363 shares of the company's stock valued at $1,433,000 after acquiring an additional 1,475 shares in the last quarter. 96.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms recently commented on LAUR. 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 note on Monday, May 5th. Wall Street Zen raised shares of Laureate Education from a "hold" rating to a "buy" rating in a report on Thursday, May 22nd.

Insider Activity at Laureate Education

In other news, Director Ian Kendell Snow sold 520,831 shares of the stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $17.47, for a total value of $9,098,917.57. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.20% of the stock is owned by insiders.

Laureate Education Stock Performance

LAUR traded down $0.10 on Tuesday, reaching $21.82. 494,150 shares of the stock were exchanged, compared to its average volume of 738,676. Laureate Education, Inc. has a fifty-two week low of $13.60 and a fifty-two week high of $23.61. The firm has a market capitalization of $3.25 billion, a PE ratio of 11.25 and a beta of 0.62. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. The company's 50-day moving average price is $21.03 and its 200 day moving average price is $19.81.

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.