Laureate Education, Inc. (NASDAQ:LAUR) Holdings Lowered by Cape Ann Asset Management Ltd

Cape Ann Asset Management Ltd decreased its stake in Laureate Education, Inc. (NASDAQ:LAUR) by 9.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 951,700 shares of the company’s stock after selling 96,600 shares during the quarter. Laureate Education makes up approximately 11.0% of Cape Ann Asset Management Ltd’s investment portfolio, making the stock its 6th largest position. Cape Ann Asset Management Ltd’s holdings in Laureate Education were worth $17,407,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Van ECK Associates Corp boosted its stake in shares of Laureate Education by 51.0% in the third quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after buying an additional 763 shares during the last quarter. KBC Group NV boosted its stake in shares of Laureate Education by 62.3% in the third quarter. KBC Group NV now owns 4,075 shares of the company’s stock worth $68,000 after buying an additional 1,564 shares during the last quarter. New York State Teachers Retirement System purchased a new position in Laureate Education during the third quarter worth approximately $95,000. Parkside Financial Bank & Trust boosted its position in Laureate Education by 10.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock worth $128,000 after purchasing an additional 673 shares in the last quarter. Finally, Plato Investment Management Ltd purchased a new position in Laureate Education during the third quarter worth approximately $147,000. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets increased their price target on Laureate Education from $21.00 to $23.00 and gave the stock an “outperform” rating in a research report on Monday, February 24th.

Laureate Education Stock Performance

Shares of LAUR stock opened at $19.99 on Tuesday. The company has a market capitalization of $3.01 billion, a P/E ratio of 10.30 and a beta of 0.84. The business’s 50 day moving average is $19.07 and its two-hundred day moving average is $17.64. 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 $13.26 and a 12-month high of $21.73.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings results on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.20. The company had revenue of $423.40 million for the quarter, compared to the consensus estimate of $411.50 million. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. Analysts expect that Laureate Education, Inc. will post 1.51 EPS for the current fiscal 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.