Barclays PLC Buys 21,444 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Barclays PLC lifted its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 9.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 251,542 shares of the company’s stock after buying an additional 21,444 shares during the period. Barclays PLC owned about 0.17% of Laureate Education worth $4,601,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Boston Partners increased its holdings in Laureate Education by 5.3% in the 4th quarter. Boston Partners now owns 2,584,925 shares of the company’s stock worth $47,497,000 after purchasing an additional 130,172 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Laureate Education by 1.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company’s stock valued at $39,892,000 after buying an additional 35,521 shares during the period. Invesco Ltd. raised its holdings in Laureate Education by 7.4% in the 4th quarter. Invesco Ltd. now owns 1,761,870 shares of the company’s stock valued at $32,225,000 after buying an additional 122,094 shares during the last quarter. Marathon Asset Management Ltd boosted its position in Laureate Education by 0.8% during the 4th quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company’s stock worth $31,161,000 after buying an additional 14,110 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Laureate Education by 3.4% during the 4th quarter. Bank of New York Mellon Corp now owns 1,419,436 shares of the company’s stock worth $25,961,000 after acquiring an additional 46,445 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Ian Kendell Snow sold 520,831 shares of the stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $17.47, for a total transaction of $9,098,917.57. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.20% of the company’s stock.

Laureate Education Trading Up 0.7 %

Shares of LAUR stock opened at $19.74 on Friday. Laureate Education, Inc. has a 1-year low of $13.26 and a 1-year high of $21.73. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. The stock has a market cap of $2.98 billion, a price-to-earnings ratio of 10.18 and a beta of 0.43. The stock has a 50-day moving average of $19.54 and a 200-day moving average of $18.69.

Laureate Education (NASDAQ:LAUR) last released its earnings results on Thursday, February 20th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.20. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. The business had revenue of $423.40 million during the quarter, compared to the consensus estimate of $411.50 million. On average, equities research analysts forecast that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets raised their price target on shares of Laureate Education from $21.00 to $23.00 and gave the company an “outperform” rating in a research note on Monday, February 24th.

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.