Snow Phipps Group LLC Purchases 1,990 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Snow Phipps Group LLC lifted its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 0.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,696,343 shares of the company’s stock after buying an additional 1,990 shares during the period. Laureate Education makes up about 17.0% of Snow Phipps Group LLC’s investment portfolio, making the stock its 2nd largest holding. Snow Phipps Group LLC owned about 1.79% of Laureate Education worth $49,316,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in LAUR. Swedbank AB boosted its stake in Laureate Education by 225.8% during 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 in the last quarter. Cape Ann Asset Management Ltd bought a new position in shares of Laureate Education during the 3rd quarter valued at about $17,412,000. Harbor Capital Advisors Inc. grew its stake in shares of Laureate Education by 207.4% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 824,985 shares of the company’s stock worth $13,703,000 after purchasing an additional 556,573 shares during the last quarter. Hotchkis & Wiley Capital Management LLC bought a new stake in shares of Laureate Education in the 3rd quarter worth approximately $6,757,000. Finally, Barclays PLC lifted its stake in Laureate Education by 298.8% during the third quarter. Barclays PLC now owns 230,098 shares of the company’s stock valued at $3,823,000 after purchasing an additional 172,405 shares during the last quarter. 96.27% of the stock is owned by institutional investors.

Insider Buying and Selling at Laureate Education

In other news, Director Corro Pedro Del sold 25,000 shares of the firm’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $19.58, for a total transaction of $489,500.00. Following the completion of the sale, the director now directly owns 29,686 shares of the company’s stock, valued at $581,251.88. This trade represents a 45.72 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 2.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets lifted their price objective on shares of Laureate Education from $17.00 to $20.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st.

Laureate Education Trading Up 0.6 %

Shares of NASDAQ LAUR opened at $18.37 on Wednesday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. Laureate Education, Inc. has a one year low of $12.52 and a one year high of $19.98. The business has a 50-day moving average price of $18.61 and a two-hundred day moving average price of $16.55. The firm has a market capitalization of $2.77 billion, a PE ratio of 11.63 and a beta of 0.83.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.56 EPS 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 analysts’ expectations of $361.80 million. Laureate Education had a net margin of 15.76% and a return on equity of 27.13%. The firm’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period last year, the company posted $0.23 earnings per share. As a group, analysts predict that Laureate Education, Inc. will post 1.42 earnings per share for the current fiscal 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.