Laureate Education, Inc. (NASDAQ:LAUR) Shares Bought by Alberta Investment Management Corp

Alberta Investment Management Corp boosted its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 33.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 766,580 shares of the company’s stock after acquiring an additional 191,998 shares during the period. Alberta Investment Management Corp’s holdings in Laureate Education were worth $10,510,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. New York State Common Retirement Fund grew its holdings in shares of Laureate Education by 7.0% during the third quarter. New York State Common Retirement Fund now owns 50,669 shares of the company’s stock worth $714,000 after buying an additional 3,324 shares in the last quarter. Boston Partners grew its holdings in shares of Laureate Education by 25.6% during the third quarter. Boston Partners now owns 5,124,756 shares of the company’s stock worth $72,288,000 after buying an additional 1,045,373 shares in the last quarter. Swiss National Bank grew its holdings in shares of Laureate Education by 1.0% during the third quarter. Swiss National Bank now owns 293,700 shares of the company’s stock worth $4,141,000 after buying an additional 2,900 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Laureate Education by 0.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,920,974 shares of the company’s stock worth $27,086,000 after buying an additional 8,209 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp grew its holdings in shares of Laureate Education by 23.1% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 27,853 shares of the company’s stock worth $393,000 after buying an additional 5,228 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.

Insiders Place Their Bets

In other Laureate Education news, Director Ian Kendell Snow sold 2,114,928 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $14.64, for a total transaction of $30,962,545.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Laureate Education news, Director Ian Kendell Snow sold 2,114,928 shares of the business’s stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $14.64, for a total transaction of $30,962,545.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Corro Pedro Del sold 5,957 shares of the business’s stock in a transaction that occurred on Friday, May 10th. The stock was sold at an average price of $16.31, for a total transaction of $97,158.67. Following the sale, the director now owns 46,729 shares of the company’s stock, valued at $762,149.99. The disclosure for this sale can be found here. Insiders sold a total of 2,121,971 shares of company stock worth $31,073,410 over the last ninety days. 2.32% of the stock is owned by company insiders.

Laureate Education Trading Down 0.3 %

Laureate Education stock traded down $0.05 during trading on Friday, reaching $15.66. The company had a trading volume of 732,866 shares, compared to its average volume of 802,983. Laureate Education, Inc. has a 12-month low of $11.34 and a 12-month high of $16.60. The stock’s 50 day moving average price is $15.09 and its two-hundred day moving average price is $13.90. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 21.16 and a beta of 0.75. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.55 and a current ratio of 0.55.

Laureate Education (NASDAQ:LAUR) last released its earnings results on Thursday, May 2nd. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.12). Laureate Education had a net margin of 8.19% and a return on equity of 13.98%. The company had revenue of $275.40 million during the quarter, compared to analysts’ expectations of $269.35 million. During the same quarter in the previous year, the firm posted ($0.17) earnings per share. Laureate Education’s revenue for the quarter was up 9.6% compared to the same quarter last year. As a group, equities analysts expect that Laureate Education, Inc. will post 1.29 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, TheStreet upgraded 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.