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Laureate Education, Inc. (NASDAQ:LAUR) Shares Bought by D. E. Shaw & Co. Inc.

Laureate Education logo with Consumer Discretionary background

D. E. Shaw & Co. Inc. increased its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 378.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 250,336 shares of the company's stock after buying an additional 197,964 shares during the period. D. E. Shaw & Co. Inc. owned about 0.17% of Laureate Education worth $4,579,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Dimensional Fund Advisors LP boosted its holdings in Laureate Education by 1.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,090,486 shares of the company's stock worth $129,683,000 after buying an additional 87,267 shares in the last quarter. Boston Partners boosted its holdings in Laureate Education by 5.3% during the fourth quarter. Boston Partners now owns 2,584,925 shares of the company's stock worth $47,497,000 after buying an additional 130,172 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Laureate Education by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company's stock worth $39,892,000 after buying an additional 35,521 shares in the last quarter. Invesco Ltd. boosted its holdings in Laureate Education by 7.4% during the fourth quarter. Invesco Ltd. now owns 1,761,870 shares of the company's stock worth $32,225,000 after buying an additional 122,094 shares in the last quarter. Finally, Marathon Asset Management Ltd boosted its holdings in Laureate Education by 0.8% during the fourth quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company's stock worth $31,161,000 after buying an additional 14,110 shares in the last quarter. Hedge funds and other institutional investors own 96.27% of the company's stock.

Analyst Ratings Changes

Separately, BMO Capital Markets boosted 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.

View Our Latest Report on LAUR

Insider Transactions at Laureate Education

In other news, Director Ian Kendell Snow sold 520,831 shares of the stock in a transaction dated 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 document filed with the SEC, which is available through this hyperlink. Insiders own 1.20% of the company's stock.

Laureate Education Price Performance

Shares of Laureate Education stock traded down $0.15 on Tuesday, hitting $22.50. The company's stock had a trading volume of 571,608 shares, compared to its average volume of 745,963. Laureate Education, Inc. has a 52-week low of $13.60 and a 52-week high of $23.61. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15. The firm has a fifty day moving average price of $20.31 and a 200-day moving average price of $19.42. The company has a market capitalization of $3.35 billion, a P/E ratio of 11.60 and a beta of 0.59.

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

Laureate Education Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Laureate Education (NASDAQ:LAUR)

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