Nisa Investment Advisors LLC Lowers Stock Position in Laureate Education, Inc. (NASDAQ:LAUR)

Nisa Investment Advisors LLC cut its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 4.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,292 shares of the company’s stock after selling 882 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Laureate Education were worth $389,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geode Capital Management LLC raised its stake in shares of Laureate Education by 0.3% during the 3rd quarter. Geode Capital Management LLC now owns 3,185,347 shares of the company’s stock worth $52,918,000 after buying an additional 10,447 shares during the last quarter. State Street Corp lifted its position in Laureate Education by 2.2% during the third quarter. State Street Corp now owns 3,116,661 shares of the company’s stock valued at $51,768,000 after buying an additional 68,122 shares in the last quarter. Swedbank AB boosted its position in shares of Laureate Education by 225.8% in the third quarter. Swedbank AB now owns 2,513,300 shares of the company’s stock worth $41,746,000 after buying an additional 1,741,800 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Laureate Education by 3.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,145,552 shares of the company’s stock valued at $35,638,000 after purchasing an additional 80,570 shares during the period. Finally, Marathon Asset Management Ltd lifted its stake in shares of Laureate Education by 1.6% in the third quarter. Marathon Asset Management Ltd now owns 1,689,632 shares of the company’s stock worth $28,065,000 after acquiring an additional 26,814 shares in the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Laureate Education news, Director Corro Pedro Del sold 25,000 shares of Laureate Education 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 transaction, the director now owns 29,686 shares of the company’s stock, valued at $581,251.88. The trade was a 45.72 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 2.32% of the company’s stock.

Laureate Education Stock Up 1.5 %

Shares of Laureate Education stock opened at $18.94 on Thursday. The company has a market capitalization of $2.85 billion, a P/E ratio of 11.99 and a beta of 0.83. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. The business’s fifty day moving average price is $18.65 and its two-hundred day moving average price is $16.84. Laureate Education, Inc. has a 1-year low of $12.52 and a 1-year high of $19.98.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.40. The company had revenue of $368.60 million for the quarter, compared to analysts’ expectations of $361.80 million. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. The firm’s revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.23 earnings per share. As a group, research analysts forecast that Laureate Education, Inc. will post 1.42 EPS for the current year.

Wall Street Analysts Forecast Growth

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

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.