Laureate Education, Inc. (NASDAQ:LAUR) is Fourth Sail Capital LP’s 2nd Largest Position

Fourth Sail Capital LP raised its holdings in Laureate Education, Inc. (NASDAQ:LAURFree Report) by 109.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,122,092 shares of the company’s stock after acquiring an additional 1,108,142 shares during the period. Laureate Education makes up 9.2% of Fourth Sail Capital LP’s investment portfolio, making the stock its 2nd largest position. Fourth Sail Capital LP owned about 1.35% of Laureate Education worth $30,919,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Quarry LP increased its position in shares of Laureate Education by 52.4% in the fourth quarter. Quarry LP now owns 2,683 shares of the company’s stock valued at $37,000 after acquiring an additional 923 shares during the period. Parkside Financial Bank & Trust raised its position in Laureate Education by 33.0% during the 3rd quarter. Parkside Financial Bank & Trust now owns 6,584 shares of the company’s stock valued at $93,000 after purchasing an additional 1,633 shares during the last quarter. CenterBook Partners LP purchased a new stake in Laureate Education in the 4th quarter worth approximately $195,000. Nomura Asset Management Co. Ltd. grew its position in shares of Laureate Education by 30.3% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 16,758 shares of the company’s stock worth $230,000 after buying an additional 3,901 shares during the last quarter. Finally, Acadian Asset Management LLC purchased a new position in shares of Laureate Education during the third quarter valued at approximately $245,000. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Laureate Education

In related news, Director Corro Pedro Del sold 5,957 shares of the stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $16.31, for a total value of $97,158.67. Following the completion of the transaction, the director now directly owns 46,729 shares in the company, valued at approximately $762,149.99. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Ian Kendell Snow sold 2,114,928 shares of the stock in a transaction on Monday, May 6th. The stock was sold at an average price of $14.64, for a total value of $30,962,545.92. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Corro Pedro Del sold 5,957 shares of the company’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $16.31, for a total transaction of $97,158.67. Following the completion of the transaction, the director now owns 46,729 shares in the company, valued at approximately $762,149.99. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 2,122,190 shares of company stock valued at $31,080,297. 2.32% of the stock is currently owned by company insiders.

Laureate Education Trading Down 0.4 %

LAUR stock traded down $0.05 during trading on Tuesday, reaching $14.19. The company had a trading volume of 495,911 shares, compared to its average volume of 729,371. The business has a 50 day moving average of $15.09 and a 200 day moving average of $14.06. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.55 and a quick ratio of 0.55. The company has a market cap of $2.24 billion, a P/E ratio of 19.24 and a beta of 0.78. Laureate Education, Inc. has a 52 week low of $11.34 and a 52 week high of $16.60.

Laureate Education (NASDAQ:LAURGet Free Report) last released its earnings results on Thursday, May 2nd. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.12). The firm had revenue of $275.40 million during the quarter, compared to analysts’ expectations of $269.35 million. Laureate Education had a net margin of 8.19% and a return on equity of 13.98%. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.17) EPS. As a group, sell-side analysts forecast that Laureate Education, Inc. will post 1.29 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, TheStreet upgraded shares of Laureate Education from a “c+” rating to a “b” rating in a report on Monday, February 26th.

Check Out Our Latest Stock Report on Laureate Education

About Laureate Education

(Free Report)

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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Institutional Ownership by Quarter for Laureate Education (NASDAQ:LAUR)

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