Citigroup Inc. increased its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR – Get Rating) by 182.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 38,633 shares of the company’s stock after acquiring an additional 24,977 shares during the period. Citigroup Inc.’s holdings in Laureate Education were worth $372,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of the business. Royal Bank of Canada grew its holdings in Laureate Education by 31.9% in the third quarter. Royal Bank of Canada now owns 3,481 shares of the company’s stock valued at $37,000 after purchasing an additional 841 shares during the period. Envestnet Asset Management Inc. raised its position in Laureate Education by 5.0% in the third quarter. Envestnet Asset Management Inc. now owns 18,175 shares of the company’s stock valued at $192,000 after purchasing an additional 872 shares during the period. Shay Capital LLC raised its position in Laureate Education by 13.3% in the first quarter. Shay Capital LLC now owns 17,000 shares of the company’s stock valued at $201,000 after purchasing an additional 2,000 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of Laureate Education by 46.1% in the third quarter. Tower Research Capital LLC TRC now owns 7,403 shares of the company’s stock valued at $78,000 after buying an additional 2,337 shares in the last quarter. Finally, State Board of Administration of Florida Retirement System grew its stake in shares of Laureate Education by 21.7% in the fourth quarter. State Board of Administration of Florida Retirement System now owns 13,417 shares of the company’s stock valued at $129,000 after buying an additional 2,390 shares in the last quarter. 71.25% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several research analysts recently commented on the company. TheStreet raised Laureate Education from a “c+” rating to a “b-” rating in a research note on Monday, April 3rd. Morgan Stanley downgraded Laureate Education from an “overweight” rating to an “equal weight” rating and set a $15.00 target price for the company. in a report on Monday, May 8th.
Laureate Education Stock Up 1.0 %
LAUR opened at $12.46 on Wednesday. The business has a 50 day moving average price of $11.99 and a two-hundred day moving average price of $11.10. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.26. The company has a market cap of $1.96 billion, a PE ratio of 23.96 and a beta of 0.76. Laureate Education, Inc. has a 52 week low of $9.24 and a 52 week high of $13.07.
Laureate Education (NASDAQ:LAUR – Get Rating) last posted its quarterly earnings data on Thursday, May 4th. The company reported ($0.17) EPS for the quarter. The company had revenue of $251.30 million for the quarter, compared to analysts’ expectations of $233.94 million. Laureate Education had a net margin of 6.78% and a return on equity of 9.62%. As a group, research analysts anticipate that Laureate Education, Inc. will post 0.62 EPS for the current year.
Insider Transactions at Laureate Education
In other news, COO Marcelo Cardoso sold 25,300 shares of the stock in a transaction that occurred on Thursday, May 11th. The stock was sold at an average price of $11.95, for a total transaction of $302,335.00. Following the completion of the transaction, the chief operating officer now directly owns 139,306 shares of the company’s stock, valued at approximately $1,664,706.70. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 2.10% of the company’s stock.
Laureate Education Profile
Laureate Education, Inc engages in the provision of higher educational services to undergraduate and graduate degree programs. It operates through the Mexico segment and Peru segment. The Mexico and Peru segments include the operation and management of universities. The company was founded by Douglas L.
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