EntryPoint Capital LLC Purchases New Position in Laureate Education, Inc. (NASDAQ:LAUR)

EntryPoint Capital LLC acquired a new stake in shares of Laureate Education, Inc. (NASDAQ:LAUR) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 23,914 shares of the company’s stock, valued at approximately $437,000.

Other institutional investors have also recently added to or reduced their stakes in the company. J.Safra Asset Management Corp raised its holdings in shares of Laureate Education by 34.4% during the 4th quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company’s stock valued at $61,000 after purchasing an additional 866 shares in the last quarter. KBC Group NV raised its holdings in Laureate Education by 48.4% during the fourth quarter. KBC Group NV now owns 6,049 shares of the company’s stock valued at $111,000 after buying an additional 1,974 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of Laureate Education by 10.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock worth $128,000 after buying an additional 673 shares during the last quarter. New York State Teachers Retirement System boosted its stake in shares of Laureate Education by 112.8% during the 4th quarter. New York State Teachers Retirement System now owns 12,180 shares of the company’s stock worth $223,000 after acquiring an additional 6,455 shares in the last quarter. Finally, Cibc World Markets Corp acquired a new position in shares of Laureate Education during the 4th quarter valued at about $223,000. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Laureate Education Stock Up 1.5 %

Laureate Education stock opened at $20.17 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. Laureate Education, Inc. has a fifty-two week low of $13.26 and a fifty-two week high of $21.73. The firm has a fifty day moving average price of $19.40 and a two-hundred day moving average price of $18.12. The firm has a market cap of $3.04 billion, a price-to-earnings ratio of 10.40 and a beta of 0.80.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.20. The business had revenue of $423.40 million during the quarter, compared to analysts’ expectations of $411.50 million. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. As a group, analysts forecast that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets upped their target price on Laureate Education from $21.00 to $23.00 and gave the stock an “outperform” rating in a research report on Monday, February 24th.

Insider Transactions at Laureate Education

In related news, Director Ian Kendell Snow sold 520,831 shares of the business’s stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $17.47, for a total transaction of $9,098,917.57. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 2.32% of the company’s stock.

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.