Laureate Education (NASDAQ:LAUR) Shares Gap Down to $14.59

Laureate Education, Inc. (NASDAQ:LAUR - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $14.59, but opened at $13.52. Laureate Education shares last traded at $14.10, with a volume of 270,865 shares traded.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded Laureate Education from a "c+" rating to a "b" rating in a report on Monday, February 26th.

Laureate Education Price Performance

The firm has a market capitalization of $2.24 billion, a PE ratio of 22.13 and a beta of 0.74. The business has a 50-day moving average of $14.05 and a 200 day moving average of $13.60. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.12.

Laureate Education (NASDAQ:LAUR - Get Free Report) last released its quarterly earnings results on Thursday, February 22nd. The company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.27 by $0.03. The business had revenue of $409.40 million during the quarter, compared to analyst estimates of $390.39 million. Laureate Education had a return on equity of 12.69% and a net margin of 7.26%. During the same period in the prior year, the firm posted $0.22 EPS. As a group, research analysts anticipate that Laureate Education, Inc. will post 1.29 EPS for the current fiscal year.

Institutional Investors Weigh In On Laureate Education

A number of institutional investors and hedge funds have recently bought and sold shares of LAUR. Wellington Management Group LLP raised its position in Laureate Education by 28.9% in the 3rd quarter. Wellington Management Group LLP now owns 7,143,474 shares of the company's stock valued at $100,723,000 after buying an additional 1,599,817 shares during the last quarter. Fourth Sail Capital LP raised its position in Laureate Education by 109.3% in the 1st quarter. Fourth Sail Capital LP now owns 2,122,092 shares of the company's stock valued at $30,919,000 after buying an additional 1,108,142 shares during the last quarter. Boston Partners increased its position in shares of Laureate Education by 25.6% during the 3rd quarter. Boston Partners now owns 5,124,756 shares of the company's stock valued at $72,288,000 after purchasing an additional 1,045,373 shares during the last quarter. Van Berkom & Associates Inc. increased its position in shares of Laureate Education by 8.1% during the 3rd quarter. Van Berkom & Associates Inc. now owns 7,125,871 shares of the company's stock valued at $100,475,000 after purchasing an additional 531,670 shares during the last quarter. Finally, Hsbc Holdings PLC increased its position in shares of Laureate Education by 1,013.4% during the 3rd quarter. Hsbc Holdings PLC now owns 558,947 shares of the company's stock valued at $7,875,000 after purchasing an additional 508,745 shares during the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

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.