23,038 Shares in Laureate Education, Inc. (NASDAQ:LAUR) Acquired by Raymond James & Associates

Raymond James & Associates bought a new position in Laureate Education, Inc. (NASDAQ:LAUR) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 23,038 shares of the company’s stock, valued at approximately $316,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Diversified Trust Co increased its holdings in Laureate Education by 5.8% in the 4th quarter. Diversified Trust Co now owns 23,135 shares of the company’s stock worth $317,000 after acquiring an additional 1,259 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in Laureate Education by 33.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 6,584 shares of the company’s stock worth $93,000 after acquiring an additional 1,633 shares in the last quarter. Los Angeles Capital Management LLC grew its holdings in Laureate Education by 2.2% during the 3rd quarter. Los Angeles Capital Management LLC now owns 102,907 shares of the company’s stock valued at $1,451,000 after buying an additional 2,244 shares in the last quarter. Swiss National Bank grew its holdings in Laureate Education by 1.0% during the 3rd quarter. Swiss National Bank now owns 293,700 shares of the company’s stock valued at $4,141,000 after buying an additional 2,900 shares in the last quarter. Finally, Daiwa Securities Group Inc. grew its holdings in Laureate Education by 3.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 87,502 shares of the company’s stock valued at $1,234,000 after buying an additional 3,198 shares in the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

Laureate Education Trading Up 2.4 %

Shares of LAUR opened at $14.80 on Monday. 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, Inc. has a 1 year low of $11.34 and a 1 year high of $14.97. The company has a 50 day simple moving average of $13.95 and a two-hundred day simple moving average of $13.59. The firm has a market cap of $2.33 billion, a P/E ratio of 23.13 and a beta of 0.74.

Laureate Education (NASDAQ:LAUR) last announced its quarterly earnings data on Thursday, February 22nd. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. Laureate Education had a net margin of 7.26% and a return on equity of 12.69%. The business had revenue of $409.40 million during the quarter, compared to analyst estimates of $390.39 million. During the same period last year, the firm posted $0.22 EPS. On average, equities analysts expect that Laureate Education, Inc. will post 1.29 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, TheStreet raised shares of Laureate Education from a “c+” rating to a “b” rating in a report on Monday, February 26th.

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.