Zurcher Kantonalbank Zurich Cantonalbank Grows Stock Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR – Get Rating) by 30.0% in the 4th quarter, Holdings Channel reports. The firm owned 19,013 shares of the company’s stock after buying an additional 4,391 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Laureate Education were worth $183,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Royal Bank of Canada raised its holdings in shares of Laureate Education by 31.9% during 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 last quarter. Federated Hermes Inc. boosted its position in shares of Laureate Education by 178.7% in the third quarter. Federated Hermes Inc. now owns 6,767 shares of the company’s stock worth $71,000 after purchasing an additional 4,339 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Laureate Education by 46.1% during the third quarter. Tower Research Capital LLC TRC now owns 7,403 shares of the company’s stock worth $78,000 after acquiring an additional 2,337 shares during the last quarter. Bridgefront Capital LLC bought a new position in shares of Laureate Education during the third quarter worth $107,000. Finally, ExodusPoint Capital Management LP bought a new position in shares of Laureate Education during the third quarter worth $119,000. 71.25% of the stock is owned by hedge funds and other institutional investors.

Laureate Education Stock Up 4.2 %

Shares of Laureate Education stock opened at $12.32 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.59 and a quick ratio of 0.59. Laureate Education, Inc. has a 1 year low of $9.24 and a 1 year high of $13.35. The firm’s 50-day moving average is $11.75 and its two-hundred day moving average is $11.05. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 28.00 and a beta of 0.77.

Laureate Education (NASDAQ:LAUR – Get Rating) last issued its earnings results on Thursday, February 23rd. The company reported $0.22 earnings per share (EPS) for the quarter. Laureate Education had a net margin of 5.59% and a return on equity of 7.06%. The company had revenue of $346.30 million for the quarter, compared to analysts’ expectations of $334.29 million. As a group, research analysts expect that Laureate Education, Inc. will post 0.83 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, TheStreet raised shares of Laureate Education from a “c+” rating to a “b-” rating in a research note on Monday, April 3rd.

Laureate Education Company Profile

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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.