Short Interest in Laureate Education, Inc. (NASDAQ:LAUR) Declines By 10.6%

Laureate Education, Inc. (NASDAQ:LAUR) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totalling 5,050,000 shares, a decline of 10.6% from the March 15th total of 5,650,000 shares. Based on an average trading volume of 678,300 shares, the days-to-cover ratio is currently 7.4 days.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded Laureate Education from a “c+” rating to a “b” rating in a research note on Monday, February 26th.

Laureate Education Stock Performance

Shares of LAUR opened at $13.99 on Tuesday. The company has a market cap of $2.20 billion, a PE ratio of 21.86 and a beta of 0.74. The firm has a 50-day moving average of $13.72 and a 200-day moving average of $13.58. Laureate Education has a one year low of $11.34 and a one year high of $14.91. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.50 and a quick ratio of 0.50.

Laureate Education (NASDAQ:LAUR) last issued its earnings results on Thursday, February 22nd. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.03. The business had revenue of $409.40 million during the quarter, compared to the consensus estimate of $390.39 million. Laureate Education had a net margin of 7.26% and a return on equity of 12.69%. During the same period last year, the business posted $0.22 EPS. As a group, equities analysts forecast that Laureate Education will post 1.22 earnings per share for the current year.

Institutional Investors Weigh In On Laureate Education

Large investors have recently added to or reduced their stakes in the business. Asset Management One Co. Ltd. acquired a new position in shares of Laureate Education in the fourth quarter valued at $980,000. Vanguard Group Inc. grew its stake in Laureate Education by 1.4% in the 3rd quarter. Vanguard Group Inc. now owns 13,986,149 shares of the company’s stock valued at $197,205,000 after buying an additional 187,400 shares during the last quarter. Nordea Investment Management AB bought a new position in Laureate Education in the 4th quarter valued at about $390,000. Daiwa Securities Group Inc. lifted its position in Laureate Education by 3.8% during the third quarter. Daiwa Securities Group Inc. now owns 87,502 shares of the company’s stock worth $1,234,000 after acquiring an additional 3,198 shares during the last quarter. Finally, Van Berkom & Associates Inc. boosted its holdings in shares of Laureate Education by 8.1% during the third quarter. Van Berkom & Associates Inc. now owns 7,125,871 shares of the company’s stock worth $100,475,000 after acquiring an additional 531,670 shares during the period. Institutional investors own 96.27% of the company’s stock.

About Laureate Education

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.