Laureate Education, Inc. (NASDAQ:LAUR) Shares Bought by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. boosted its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 3.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 47,558 shares of the company’s stock after buying an additional 1,606 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Laureate Education were worth $870,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Geode Capital Management LLC raised its holdings in shares of Laureate Education by 0.3% in the 3rd quarter. Geode Capital Management LLC now owns 3,185,347 shares of the company’s stock valued at $52,918,000 after purchasing an additional 10,447 shares in the last quarter. State Street Corp raised its holdings in shares of Laureate Education by 2.2% in the 3rd quarter. State Street Corp now owns 3,116,661 shares of the company’s stock valued at $51,768,000 after purchasing an additional 68,122 shares in the last quarter. Swedbank AB raised its holdings in shares of Laureate Education by 225.8% in the 3rd quarter. Swedbank AB now owns 2,513,300 shares of the company’s stock valued at $41,746,000 after purchasing an additional 1,741,800 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Laureate Education by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company’s stock valued at $39,892,000 after purchasing an additional 35,521 shares in the last quarter. Finally, Marathon Asset Management Ltd raised its holdings in shares of Laureate Education by 0.8% in the 4th quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company’s stock valued at $31,161,000 after purchasing an additional 14,110 shares in the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Laureate Education Trading Up 2.2 %

NASDAQ LAUR opened at $18.89 on Friday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. The firm’s fifty day moving average price is $19.23 and its 200 day moving average price is $17.88. The company has a market capitalization of $2.85 billion, a price-to-earnings ratio of 9.74 and a beta of 0.80. Laureate Education, Inc. has a 12 month low of $13.26 and a 12 month high of $21.73.

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

Wall Street Analyst Weigh In

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

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.