Nebula Research & Development LLC Buys Shares of 28,961 Laureate Education, Inc. (NASDAQ:LAUR)

Nebula Research & Development LLC acquired a new stake in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 28,961 shares of the company's stock, valued at approximately $530,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in LAUR. J.Safra Asset Management Corp grew its position in Laureate Education by 34.4% during the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company's stock worth $61,000 after purchasing an additional 866 shares during the last quarter. KBC Group NV increased its position in shares of 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 buying an additional 1,974 shares in the last quarter. Parkside Financial Bank & Trust raised its position in shares of Laureate Education by 10.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company's stock worth $128,000 after purchasing an additional 673 shares during the last quarter. Nomura Asset Management Co. Ltd. purchased a new stake in shares of Laureate Education during the fourth quarter worth approximately $216,000. Finally, New York State Teachers Retirement System increased its holdings in shares of Laureate Education by 112.8% in the fourth quarter. New York State Teachers Retirement System now owns 12,180 shares of the company's stock valued at $223,000 after purchasing an additional 6,455 shares during the last quarter. Hedge funds and other institutional investors own 96.27% of the company's stock.

Wall Street Analyst Weigh In

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

Laureate Education Stock Up 8.0 %

Shares of Laureate Education stock traded up $1.65 during trading hours on Friday, reaching $22.29. 1,484,728 shares of the company were exchanged, compared to its average volume of 753,514. Laureate Education, Inc. has a 1 year low of $13.60 and a 1 year high of $22.36. The firm has a market cap of $3.36 billion, a PE ratio of 11.49 and a beta of 0.43. 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 stock's fifty day moving average is $19.62 and its 200 day moving average is $18.84.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $411.50 million. As a group, equities research analysts forecast that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

Insider Transactions at Laureate Education

In related news, Director Ian Kendell Snow sold 520,831 shares of the business's stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $17.47, for a total value of $9,098,917.57. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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.