Handelsbanken Fonder AB Has $2.72 Million Stock Position in Laureate Education, Inc. (NASDAQ:LAUR)

Handelsbanken Fonder AB grew its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 8.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 198,640 shares of the company’s stock after acquiring an additional 15,240 shares during the quarter. Handelsbanken Fonder AB’s holdings in Laureate Education were worth $2,723,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Diversified Trust Co lifted its position in shares of Laureate Education by 5.8% during the 4th quarter. Diversified Trust Co now owns 23,135 shares of the company’s stock valued at $317,000 after acquiring an additional 1,259 shares during the period. Parkside Financial Bank & Trust raised its holdings in shares of Laureate Education by 33.0% during the 3rd quarter. Parkside Financial Bank & Trust now owns 6,584 shares of the company’s stock worth $93,000 after buying an additional 1,633 shares in the last quarter. Los Angeles Capital Management LLC raised its holdings in shares of Laureate Education by 2.2% during the 3rd quarter. Los Angeles Capital Management LLC now owns 102,907 shares of the company’s stock worth $1,451,000 after buying an additional 2,244 shares in the last quarter. Swiss National Bank raised its holdings in shares of Laureate Education by 1.0% during the 3rd quarter. Swiss National Bank now owns 293,700 shares of the company’s stock worth $4,141,000 after buying an additional 2,900 shares in the last quarter. Finally, Daiwa Securities Group Inc. raised its holdings in shares of Laureate Education by 3.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 87,502 shares of the company’s stock worth $1,234,000 after buying an additional 3,198 shares in the last quarter. 96.27% of the stock is currently owned by institutional investors.

Laureate Education Price Performance

Laureate Education stock opened at $14.80 on Friday. Laureate Education, Inc. has a 52 week low of $11.34 and a 52 week high of $14.97. The stock has a fifty day moving average of $13.95 and a 200-day moving average of $13.60. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.50 and a current ratio of 0.50. The stock has a market capitalization of $2.33 billion, a P/E ratio of 23.13 and a beta of 0.74.

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

Wall Street Analysts Forecast Growth

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

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.