Voloridge Investment Management LLC Invests $1.62 Million in Laureate Education, Inc. (NASDAQ:LAUR)

Voloridge Investment Management LLC bought a new stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 88,518 shares of the company's stock, valued at approximately $1,619,000. Voloridge Investment Management LLC owned 0.06% of Laureate Education as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LAUR. North of South Capital LLP purchased a new stake in Laureate Education in the fourth quarter valued at approximately $22,973,000. Union Bancaire Privee UBP SA purchased a new stake in Laureate Education in the fourth quarter valued at approximately $15,057,000. Brandywine Global Investment Management LLC purchased a new stake in Laureate Education in the fourth quarter valued at approximately $9,353,000. Renaissance Technologies LLC raised its position in Laureate Education by 2,702.0% in the fourth quarter. Renaissance Technologies LLC now owns 285,800 shares of the company's stock valued at $5,227,000 after purchasing an additional 275,600 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its position in Laureate Education by 18.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,663,351 shares of the company's stock valued at $30,424,000 after purchasing an additional 263,418 shares during the period. Hedge funds and other institutional investors own 96.27% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. BMO Capital Markets boosted their target price on Laureate Education from $23.00 to $24.00 and gave the company an "outperform" rating in a research report on Monday, May 5th. Wall Street Zen upgraded shares of Laureate Education from a "hold" rating to a "buy" rating in a research note on Thursday, May 22nd.

Laureate Education Stock Up 0.2%

Shares of NASDAQ:LAUR traded up $0.05 during trading on Friday, hitting $22.42. The company's stock had a trading volume of 811,653 shares, compared to its average volume of 744,239. The business has a 50 day moving average price of $20.76 and a two-hundred day moving average price of $19.62. The company has a market capitalization of $3.34 billion, a PE ratio of 11.56 and a beta of 0.59. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63. Laureate Education, Inc. has a fifty-two week low of $13.60 and a fifty-two week high of $23.61.

Insiders Place Their Bets

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of Laureate Education stock in a transaction dated 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 can be accessed through the SEC website. 1.20% of the stock is owned by company insiders.

About Laureate Education

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.