Laureate Education, Inc. (NASDAQ:LAUR) Shares Sold by Park West Asset Management LLC

Park West Asset Management LLC reduced its holdings in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 8.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,285,140 shares of the company's stock after selling 124,860 shares during the period. Laureate Education comprises 1.9% of Park West Asset Management LLC's holdings, making the stock its 23rd biggest position. Park West Asset Management LLC owned about 0.85% of Laureate Education worth $23,505,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in LAUR. Asset Management One Co. Ltd. boosted its holdings in Laureate Education by 21.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 76,317 shares of the company's stock worth $1,390,000 after buying an additional 13,540 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Laureate Education by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company's stock valued at $39,892,000 after buying an additional 35,521 shares during the last quarter. Burney Co. acquired a new stake in shares of Laureate Education in the fourth quarter valued at about $666,000. Raymond James Financial Inc. acquired a new stake in shares of Laureate Education during the 4th quarter worth approximately $408,000. Finally, KBC Group NV lifted its holdings in Laureate Education by 48.4% in the fourth quarter. KBC Group NV now owns 6,049 shares of the company's stock valued at $111,000 after acquiring an additional 1,974 shares during the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets upped their price target on Laureate Education from $21.00 to $23.00 and gave the stock an "outperform" rating in a research note on Monday, February 24th.

Laureate Education Stock Performance

NASDAQ:LAUR opened at $19.74 on Tuesday. The firm has a market capitalization of $2.98 billion, a PE ratio of 10.18 and a beta of 0.43. The business's fifty day moving average price is $19.54 and its 200 day moving average price is $18.74. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. Laureate Education, Inc. has a 12 month low of $13.26 and a 12 month high of $21.73.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, topping 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 company had revenue of $423.40 million for the quarter, compared to analyst estimates of $411.50 million. On average, sell-side analysts anticipate that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.

Insider Activity

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

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.

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