Laureate Education (NASDAQ:LAUR) Sets New 12-Month High at $14.97

Laureate Education, Inc. (NASDAQ:LAUR) reached a new 52-week high during trading on Friday . The company traded as high as $14.97 and last traded at $14.89, with a volume of 303016 shares. The stock had previously closed at $14.45.

Wall Street Analyst Weigh In

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

Laureate Education Trading Up 2.4 %

The company has a debt-to-equity ratio of 0.12, a current ratio of 0.50 and a quick ratio of 0.50. The firm has a fifty day simple moving average of $13.92 and a two-hundred day simple moving average of $13.60. The firm has a market capitalization of $2.33 billion, a P/E ratio of 23.06 and a beta of 0.74.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings results on Thursday, February 22nd. The company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.03. The company had revenue of $409.40 million during the quarter, compared to the consensus estimate of $390.39 million. Laureate Education had a return on equity of 12.69% and a net margin of 7.26%. During the same quarter in the prior year, the company earned $0.22 EPS. On average, equities research analysts anticipate that Laureate Education, Inc. will post 1.34 earnings per share for the current fiscal year.

Institutional Trading of Laureate Education

A number of institutional investors have recently modified their holdings of the business. Wellington Management Group LLP raised its holdings in Laureate Education by 28.9% during the 3rd quarter. Wellington Management Group LLP now owns 7,143,474 shares of the company’s stock valued at $100,723,000 after acquiring an additional 1,599,817 shares during the period. Fourth Sail Capital LP raised its stake in shares of Laureate Education by 109.3% during the 1st quarter. Fourth Sail Capital LP now owns 2,122,092 shares of the company’s stock valued at $30,919,000 after purchasing an additional 1,108,142 shares during the period. Boston Partners lifted its holdings in Laureate Education by 25.6% during the 3rd quarter. Boston Partners now owns 5,124,756 shares of the company’s stock worth $72,288,000 after purchasing an additional 1,045,373 shares in the last quarter. Van Berkom & Associates Inc. boosted its stake in Laureate Education by 8.1% in the 3rd quarter. Van Berkom & Associates Inc. now owns 7,125,871 shares of the company’s stock worth $100,475,000 after purchasing an additional 531,670 shares during the period. Finally, Hsbc Holdings PLC grew its holdings in Laureate Education by 1,013.4% during the 3rd quarter. Hsbc Holdings PLC now owns 558,947 shares of the company’s stock valued at $7,875,000 after buying an additional 508,745 shares in the last quarter. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Laureate Education Company 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.