Alberta Investment Management Corp Has $15.53 Million Position in Laureate Education, Inc. (NASDAQ:LAUR)

Alberta Investment Management Corp lifted its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 32.6% during the fourth quarter, HoldingsChannel reports. The firm owned 849,008 shares of the company’s stock after acquiring an additional 208,572 shares during the quarter. Alberta Investment Management Corp’s holdings in Laureate Education were worth $15,528,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Van ECK Associates Corp raised its position in shares of Laureate Education by 51.0% during the third quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after purchasing an additional 763 shares during the period. KBC Group NV lifted its stake in Laureate Education by 62.3% in the 3rd quarter. KBC Group NV now owns 4,075 shares of the company’s stock valued at $68,000 after acquiring an additional 1,564 shares in the last quarter. New York State Teachers Retirement System bought a new stake in Laureate Education in the 3rd quarter valued at approximately $95,000. Plato Investment Management Ltd bought a new stake in Laureate Education in the 3rd quarter valued at approximately $147,000. Finally, Creative Planning bought a new stake in Laureate Education in the 3rd quarter valued at approximately $181,000. Institutional investors and hedge funds own 96.27% of the company’s stock.

Insider Transactions at Laureate Education

In other news, Director Corro Pedro Del sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $19.58, for a total transaction of $489,500.00. Following the sale, the director now owns 29,686 shares in the company, valued at $581,251.88. This represents a 45.72 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 2.32% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets boosted their target price on Laureate Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research note on Friday, November 1st.

Laureate Education Trading Up 0.9 %

NASDAQ LAUR opened at $20.30 on Wednesday. The stock has a market capitalization of $3.06 billion, a price-to-earnings ratio of 12.85 and a beta of 0.84. The stock’s 50 day moving average price is $18.82 and its two-hundred day moving average price is $17.26. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63. Laureate Education, Inc. has a 52 week low of $12.59 and a 52 week high of $20.34.

Laureate Education Company 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.