Mondrian Investment Partners LTD Purchases Shares of 105,353 Laureate Education, Inc. (NASDAQ:LAUR)

Mondrian Investment Partners LTD acquired a new stake in Laureate Education, Inc. (NASDAQ:LAUR) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 105,353 shares of the company’s stock, valued at approximately $1,633,000. Mondrian Investment Partners LTD owned approximately 0.07% of Laureate Education at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. nVerses Capital LLC acquired a new stake in shares of Laureate Education in the second quarter valued at approximately $25,000. Quarry LP grew its stake in Laureate Education by 52.4% during the 4th quarter. Quarry LP now owns 2,683 shares of the company’s stock valued at $37,000 after acquiring an additional 923 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in shares of Laureate Education by 24.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,889 shares of the company’s stock valued at $57,000 after acquiring an additional 764 shares in the last quarter. SG Americas Securities LLC acquired a new position in Laureate Education in the 1st quarter worth about $151,000. Finally, CenterBook Partners LP bought a new position in Laureate Education during the fourth quarter valued at approximately $195,000. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley lowered shares of Laureate Education from an “overweight” rating to an “equal weight” rating and set a $17.00 price target on the stock. in a research report on Friday, July 26th.

Laureate Education Stock Up 0.1 %

Shares of NASDAQ:LAUR opened at $16.69 on Wednesday. The company has a 50 day moving average of $15.12 and a 200-day moving average of $14.84. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.76 and a quick ratio of 0.76. The stock has a market cap of $2.63 billion, a price-to-earnings ratio of 22.55 and a beta of 0.81. Laureate Education, Inc. has a one year low of $12.45 and a one year high of $17.60.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.20. Laureate Education had a return on equity of 21.37% and a net margin of 12.64%. The company had revenue of $499.20 million during the quarter, compared to analysts’ expectations of $483.69 million. During the same period in the prior year, the firm earned $0.35 earnings per share. Laureate Education’s revenue for the quarter was up 8.0% compared to the same quarter last year. On average, sell-side analysts forecast that Laureate Education, Inc. will post 1.41 earnings per share for the current year.

Laureate Education 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.