D. E. Shaw & Co. Inc. lifted its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 378.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 250,336 shares of the company's stock after purchasing an additional 197,964 shares during the quarter. D. E. Shaw & Co. Inc. owned 0.17% of Laureate Education worth $4,579,000 at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the company. Driehaus Capital Management LLC lifted its position in Laureate Education by 30.6% in the 4th quarter. Driehaus Capital Management LLC now owns 444,572 shares of the company's stock worth $8,131,000 after buying an additional 104,280 shares during the last quarter. Corton Capital Inc. bought a new stake in Laureate Education in the 4th quarter worth approximately $243,000. Bank of America Corp DE lifted its position in Laureate Education by 0.9% in the 4th quarter. Bank of America Corp DE now owns 188,576 shares of the company's stock worth $3,449,000 after buying an additional 1,634 shares during the last quarter. Algert Global LLC bought a new stake in Laureate Education in the 4th quarter worth approximately $1,509,000. Finally, Northern Trust Corp lifted its position in Laureate Education by 4.7% in the 4th quarter. Northern Trust Corp now owns 1,317,529 shares of the company's stock worth $24,098,000 after buying an additional 58,811 shares during the last quarter. Institutional investors own 96.27% of the company's stock.
Laureate Education Trading Up 0.3%
LAUR stock traded up $0.06 during midday trading on Friday, hitting $21.84. The company had a trading volume of 505,538 shares, compared to its average volume of 743,342. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. Laureate Education, Inc. has a 52 week low of $13.60 and a 52 week high of $23.61. The stock's 50 day moving average price is $20.55 and its 200 day moving average price is $19.52. The stock has a market cap of $3.25 billion, a price-to-earnings ratio of 11.26 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 for the quarter, beating the consensus estimate of $0.42 by $0.20. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. The firm had revenue of $423.40 million during the quarter, compared to the consensus estimate of $411.50 million. As a group, equities research analysts expect that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
A number of analysts recently weighed in on LAUR shares. Wall Street Zen upgraded Laureate Education from a "hold" rating to a "buy" rating in a research report on Thursday. BMO Capital Markets boosted their target price on Laureate Education from $23.00 to $24.00 and gave the stock an "outperform" rating in a research report on Monday, May 5th.
Read Our Latest Research Report on Laureate Education
Insider Buying and Selling at Laureate Education
In related news, Director Ian Kendell Snow sold 520,831 shares of the company's stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total transaction of $9,098,917.57. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 1.20% of the company's stock.
Laureate Education 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.
Read More
Before you consider Laureate Education, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Laureate Education wasn't on the list.
While Laureate Education currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
