Laureate Education, Inc. (NASDAQ:LAUR) Shares Bought by Northern Trust Corp

Northern Trust Corp lifted its holdings in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 4.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,317,529 shares of the company's stock after purchasing an additional 58,811 shares during the quarter. Northern Trust Corp owned 0.87% of Laureate Education worth $24,098,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Asset Management One Co. Ltd. increased its stake in Laureate Education by 21.6% in the 4th 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. boosted its stake in Laureate Education by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company's stock worth $39,892,000 after buying an additional 35,521 shares during the period. Burney Co. purchased a new stake in shares of Laureate Education during the fourth quarter valued at $666,000. Raymond James Financial Inc. bought a new stake in shares of Laureate Education in the fourth quarter valued at about $408,000. Finally, KBC Group NV raised its holdings 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 acquiring an additional 1,974 shares in the last quarter. Hedge funds and other institutional investors own 96.27% of the company's stock.

Laureate Education Stock Performance

Laureate Education stock traded up $0.42 during mid-day trading on Friday, hitting $23.06. The company had a trading volume of 934,077 shares, compared to its average volume of 746,706. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. Laureate Education, Inc. has a 12-month low of $13.60 and a 12-month high of $23.61. The company's fifty day moving average is $20.23 and its 200-day moving average is $19.38. The company has a market capitalization of $3.43 billion, a price-to-earnings ratio of 11.89 and a beta of 0.59.

Laureate Education (NASDAQ:LAUR - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) 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 firm had revenue of $423.40 million for the quarter, compared to analyst estimates of $411.50 million. Equities research analysts predict that Laureate Education, Inc. will post 1.51 EPS for the current year.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets boosted their target price on shares of Laureate Education from $23.00 to $24.00 and gave the stock an "outperform" rating in a report on Monday, May 5th.

Insider Activity at Laureate Education

In related news, Director Ian Kendell Snow sold 520,831 shares of the firm's stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $17.47, for a total transaction of $9,098,917.57. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 1.20% of the stock is owned by corporate insiders.

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.