First Trust Advisors LP Has $3.66 Million Stock Position in Laureate Education, Inc. (NASDAQ:LAUR)

First Trust Advisors LP decreased its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 9.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 200,283 shares of the company's stock after selling 20,534 shares during the period. First Trust Advisors LP owned about 0.13% of Laureate Education worth $3,663,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. North of South Capital LLP bought a new stake in shares of Laureate Education during the 4th quarter valued at about $22,973,000. Union Bancaire Privee UBP SA bought a new position in Laureate Education in the 4th quarter valued at about $15,057,000. Brandywine Global Investment Management LLC acquired a new position in shares of Laureate Education during 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 worth $5,227,000 after acquiring an additional 275,600 shares in the last quarter. Finally, Teacher Retirement System of Texas raised its position in shares of Laureate Education by 132.7% during the fourth quarter. Teacher Retirement System of Texas now owns 430,817 shares of the company's stock worth $7,880,000 after purchasing an additional 245,707 shares during the period. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Laureate Education

In related news, Director Ian Kendell Snow sold 520,831 shares of the business'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 value of $9,098,917.57. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.20% of the stock is currently owned by corporate insiders.

Laureate Education Price Performance

Laureate Education stock traded up $0.36 on Monday, reaching $22.65. The company's stock had a trading volume of 1,334,053 shares, compared to its average volume of 755,322. The business's fifty day moving average price is $19.62 and its 200 day moving average price is $18.89. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63. The company has a market cap of $3.42 billion, a price-to-earnings ratio of 11.68 and a beta of 0.59. Laureate Education, Inc. has a twelve month low of $13.60 and a twelve month high of $22.92.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted 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. The firm had revenue of $423.40 million during the quarter, compared to analysts' expectations of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. Equities analysts expect that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, BMO Capital Markets upped 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.

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.