Asset Management One Co. Ltd. Purchases Shares of 71,902 Laureate Education, Inc. (NASDAQ:LAUR)

Asset Management One Co. Ltd. bought a new stake in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 71,902 shares of the company's stock, valued at approximately $980,000.

A number of other institutional investors have also recently modified their holdings of LAUR. Quarry LP raised its holdings in shares of Laureate Education by 380.2% during the 2nd quarter. Quarry LP now owns 2,718 shares of the company's stock worth $33,000 after buying an additional 2,152 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of Laureate Education by 31.9% during the 3rd quarter. Royal Bank of Canada now owns 3,481 shares of the company's stock worth $37,000 after buying an additional 841 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of Laureate Education by 21.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 4,951 shares of the company's stock worth $60,000 after buying an additional 858 shares in the last quarter. Federated Hermes Inc. raised its holdings in shares of Laureate Education by 178.7% during the 3rd quarter. Federated Hermes Inc. now owns 6,767 shares of the company's stock worth $71,000 after buying an additional 4,339 shares in the last quarter. Finally, Tower Research Capital LLC TRC raised its holdings in shares of Laureate Education by 46.1% during the 3rd quarter. Tower Research Capital LLC TRC now owns 7,403 shares of the company's stock worth $78,000 after buying an additional 2,337 shares in the last quarter. 96.27% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

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

Laureate Education Price Performance

LAUR traded down $0.32 on Friday, reaching $14.35. The stock had a trading volume of 470,338 shares, compared to its average volume of 656,779. Laureate Education, Inc. has a fifty-two week low of $11.34 and a fifty-two week high of $14.91. The firm has a 50-day moving average of $13.70 and a 200-day moving average of $13.58. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $2.26 billion, a price-to-earnings ratio of 22.42 and a beta of 0.74.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its earnings results on Thursday, February 22nd. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.27 by $0.03. The business had revenue of $409.40 million during the quarter, compared to analysts' expectations of $390.39 million. Laureate Education had a return on equity of 12.69% and a net margin of 7.26%. During the same quarter in the prior year, the firm earned $0.22 EPS. As a group, sell-side analysts anticipate that Laureate Education, Inc. will post 1.22 EPS for the current year.

Laureate Education Profile

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.