Bank of America Corp DE Acquires 1,634 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Bank of America Corp DE increased its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 0.9% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 188,576 shares of the company’s stock after acquiring an additional 1,634 shares during the period. Bank of America Corp DE’s holdings in Laureate Education were worth $3,449,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. J.Safra Asset Management Corp lifted its stake in shares of Laureate Education by 34.4% during the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company’s stock worth $61,000 after acquiring an additional 866 shares during the last quarter. KBC Group NV increased its holdings in Laureate Education by 48.4% during the 4th quarter. KBC Group NV now owns 6,049 shares of the company’s stock worth $111,000 after purchasing an additional 1,974 shares during the period. Parkside Financial Bank & Trust increased its holdings in Laureate Education by 10.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock worth $128,000 after purchasing an additional 673 shares during the period. Nomura Asset Management Co. Ltd. purchased a new position in Laureate Education during the 4th quarter worth $216,000. Finally, New York State Teachers Retirement System increased its holdings in Laureate Education by 112.8% during the 4th quarter. New York State Teachers Retirement System now owns 12,180 shares of the company’s stock worth $223,000 after purchasing an additional 6,455 shares during the period. 96.27% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Ian Kendell Snow sold 520,831 shares of Laureate Education stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total value of $9,098,917.57. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.20% of the company’s stock.

Wall Street Analysts Forecast Growth

LAUR has been the topic of several research reports. BMO Capital Markets raised their price objective on Laureate Education from $23.00 to $24.00 and gave the stock an “outperform” rating in a report on Monday, May 5th. Wall Street Zen upgraded Laureate Education from a “hold” rating to a “buy” rating in a report on Thursday, May 22nd.

Laureate Education Trading Up 0.2%

Shares of NASDAQ:LAUR opened at $22.42 on Friday. Laureate Education, Inc. has a 12-month low of $13.60 and a 12-month high of $23.61. The business’s fifty day simple moving average is $20.81 and its 200-day simple moving average is $19.64. The company has a market capitalization of $3.34 billion, a PE ratio of 11.56 and a beta of 0.59. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15.

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.