J.Safra Asset Management Corp Acquires 866 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

J.Safra Asset Management Corp grew its position in Laureate Education, Inc. (NASDAQ:LAUR) by 34.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,386 shares of the company’s stock after purchasing an additional 866 shares during the period. J.Safra Asset Management Corp’s holdings in Laureate Education were worth $61,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Parkside Financial Bank & Trust raised its holdings 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 valued at $128,000 after purchasing an additional 673 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in Laureate Education by 3.2% during the third quarter. Nisa Investment Advisors LLC now owns 22,174 shares of the company’s stock worth $368,000 after buying an additional 682 shares during the last quarter. Van ECK Associates Corp increased its holdings in Laureate Education by 51.0% during the third quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after buying an additional 763 shares during the last quarter. Asset Management One Co. Ltd. increased its holdings in Laureate Education by 1.4% during the third quarter. Asset Management One Co. Ltd. now owns 62,777 shares of the company’s stock worth $1,043,000 after buying an additional 896 shares during the last quarter. Finally, MBM Wealth Consultants LLC increased its holdings in Laureate Education by 6.0% during the fourth quarter. MBM Wealth Consultants LLC now owns 17,622 shares of the company’s stock worth $320,000 after buying an additional 990 shares during the last quarter. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Laureate Education Price Performance

Shares of NASDAQ:LAUR opened at $19.83 on Thursday. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $2.99 billion, a PE ratio of 10.22 and a beta of 0.80. Laureate Education, Inc. has a twelve month low of $13.26 and a twelve month high of $21.73. The company has a 50-day moving average price of $19.13 and a two-hundred day moving average price of $17.69.

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

Analyst Ratings Changes

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

About Laureate Education

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.