Plato Investment Management Ltd Acquires New Position in Laureate Education, Inc. (NASDAQ:LAUR)

Plato Investment Management Ltd acquired a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR) during the 3rd quarter, HoldingsChannel reports. The firm acquired 8,853 shares of the company’s stock, valued at approximately $147,000.

A number of other large investors have also recently bought and sold shares of LAUR. Vanguard Group Inc. raised its position in shares of Laureate Education by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 14,231,273 shares of the company’s stock worth $207,350,000 after purchasing an additional 136,865 shares during the period. Van Berkom & Associates Inc. grew its stake in Laureate Education by 2.2% during the 2nd quarter. Van Berkom & Associates Inc. now owns 6,951,804 shares of the company’s stock worth $103,860,000 after buying an additional 151,397 shares during the last quarter. Engine Capital Management LP increased its position in Laureate Education by 3.7% in the second quarter. Engine Capital Management LP now owns 2,927,487 shares of the company’s stock worth $43,737,000 after buying an additional 104,232 shares during the period. Swedbank AB lifted its stake in Laureate Education by 225.8% in the third quarter. Swedbank AB now owns 2,513,300 shares of the company’s stock valued at $41,746,000 after buying an additional 1,741,800 shares during the last quarter. Finally, Fourth Sail Capital LP boosted its holdings in shares of Laureate Education by 2.3% during the second quarter. Fourth Sail Capital LP now owns 2,170,727 shares of the company’s stock valued at $32,431,000 after acquiring an additional 48,635 shares during the period. Institutional investors own 96.27% of the company’s stock.

Laureate Education Trading Up 1.1 %

Shares of LAUR stock opened at $18.51 on Friday. Laureate Education, Inc. has a 1 year low of $12.45 and a 1 year high of $19.12. The firm has a market capitalization of $2.79 billion, a PE ratio of 11.72 and a beta of 0.82. The stock has a fifty day moving average of $16.33 and a two-hundred day moving average of $15.51. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.40. The business had revenue of $368.60 million during the quarter, compared to the consensus estimate of $361.80 million. Laureate Education had a net margin of 15.76% and a return on equity of 27.13%. The company’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.23 earnings per share. As a group, research analysts expect that Laureate Education, Inc. will post 1.42 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on LAUR. BMO Capital Markets increased their price objective on shares of Laureate Education from $17.00 to $20.00 and gave the stock an “outperform” rating in a report on Friday, November 1st. 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 note on Friday, July 26th.

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.