Laureate Education, Inc. (NASDAQ:LAUR) Shares Sold by Snow Phipps Group LLC

Snow Phipps Group LLC reduced its position in Laureate Education, Inc. (NASDAQ:LAUR) by 3.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,803,314 shares of the company’s stock after selling 150,905 shares during the period. Laureate Education comprises 23.8% of Snow Phipps Group LLC’s investment portfolio, making the stock its 2nd biggest position. Snow Phipps Group LLC owned approximately 3.05% of Laureate Education worth $65,853,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of LAUR. Vanguard Group Inc. increased its position in Laureate Education by 1.4% during the third quarter. Vanguard Group Inc. now owns 13,986,149 shares of the company’s stock worth $197,205,000 after buying an additional 187,400 shares in the last quarter. BlackRock Inc. increased its position in Laureate Education by 3.0% during the second quarter. BlackRock Inc. now owns 13,823,479 shares of the company’s stock worth $167,126,000 after buying an additional 402,265 shares in the last quarter. Wellington Management Group LLP increased its position in Laureate Education by 28.9% during the third quarter. Wellington Management Group LLP now owns 7,143,474 shares of the company’s stock worth $100,723,000 after buying an additional 1,599,817 shares in the last quarter. Van Berkom & Associates Inc. increased its position in 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 buying an additional 531,670 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in Laureate Education by 9.7% during the first quarter. Dimensional Fund Advisors LP now owns 6,714,884 shares of the company’s stock worth $78,966,000 after buying an additional 594,424 shares in the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Laureate Education Trading Down 1.0 %

Shares of NASDAQ:LAUR traded down $0.14 during midday trading on Tuesday, reaching $13.85. The company’s stock had a trading volume of 516,940 shares, compared to its average volume of 684,528. The firm has a market cap of $2.18 billion, a price-to-earnings ratio of 21.86 and a beta of 0.74. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.12. Laureate Education, Inc. has a 1 year low of $11.34 and a 1 year high of $14.91. The business has a 50 day moving average price of $13.72 and a 200 day moving average price of $13.58.

Laureate Education (NASDAQ:LAUR) last announced its quarterly earnings data on Thursday, February 22nd. The company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.27 by $0.03. Laureate Education had a return on equity of 12.69% and a net margin of 7.26%. The business had revenue of $409.40 million during the quarter, compared to the consensus estimate of $390.39 million. During the same quarter in the previous year, the business earned $0.22 earnings per share. Research analysts forecast that Laureate Education, Inc. will post 1.22 EPS for the current year.

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.