Caxton Associates LP acquired a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 42,566 shares of the company's stock, valued at approximately $636,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. Nomura Asset Management Co. Ltd. raised its holdings in shares of Laureate Education by 30.3% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 16,758 shares of the company's stock worth $230,000 after purchasing an additional 3,901 shares during the last quarter. Capstone Investment Advisors LLC increased its holdings in Laureate Education by 70.0% in the fourth quarter. Capstone Investment Advisors LLC now owns 85,016 shares of the company's stock valued at $1,166,000 after buying an additional 35,016 shares in the last quarter. Alberta Investment Management Corp increased its holdings in Laureate Education by 33.4% in the fourth quarter. Alberta Investment Management Corp now owns 766,580 shares of the company's stock valued at $10,510,000 after buying an additional 191,998 shares in the last quarter. CenterBook Partners LP purchased a new position in Laureate Education in the fourth quarter valued at $195,000. Finally, Cullen Capital Management LLC purchased a new position in Laureate Education in the fourth quarter valued at $351,000. 96.27% of the stock is currently owned by institutional investors and hedge funds.
Separately, Morgan Stanley cut shares of Laureate Education from an "overweight" rating to an "equal weight" rating and set a $17.00 price objective for the company. in a report on Friday, July 26th.
Get Our Latest Report on Laureate Education
LAUR opened at $16.54 on Friday. Laureate Education, Inc. has a fifty-two week low of $12.45 and a fifty-two week high of $17.60. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.76 and a current ratio of 0.76. The company has a fifty day moving average of $15.29 and a two-hundred day moving average of $14.97. The stock has a market capitalization of $2.52 billion, a price-to-earnings ratio of 22.35 and a beta of 0.81.
Laureate Education (NASDAQ:LAUR - Get Free Report) last released its earnings results on Thursday, August 1st. The company reported $0.83 EPS for the quarter, topping analysts' consensus estimates of $0.63 by $0.20. The business had revenue of $499.20 million during the quarter, compared to analysts' expectations of $483.69 million. Laureate Education had a net margin of 12.64% and a return on equity of 21.37%. The company's quarterly revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.35 earnings per share. On average, research analysts expect that Laureate Education, Inc. will post 1.41 earnings per share for the current year.
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.
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