Laureate Education, Inc. (NASDAQ:LAUR) Stake Lessened by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC trimmed its position in Laureate Education, Inc. (NASDAQ:LAUR) by 10.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 273,031 shares of the company’s stock after selling 31,175 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Laureate Education were worth $4,994,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. North of South Capital LLP acquired a new stake in shares of Laureate Education in the fourth quarter valued at $22,973,000. Union Bancaire Privee UBP SA bought a new stake in Laureate Education in the fourth quarter worth about $15,057,000. Hotchkis & Wiley Capital Management LLC acquired a new stake in Laureate Education in the 3rd quarter valued at about $6,757,000. Teacher Retirement System of Texas boosted its position in shares of Laureate Education by 132.7% during the 4th quarter. Teacher Retirement System of Texas now owns 430,817 shares of the company’s stock valued at $7,880,000 after purchasing an additional 245,707 shares in the last quarter. Finally, Alberta Investment Management Corp grew its stake in shares of Laureate Education by 32.6% in the 4th quarter. Alberta Investment Management Corp now owns 849,008 shares of the company’s stock worth $15,528,000 after purchasing an additional 208,572 shares during the last quarter. 96.27% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of Laureate Education stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $17.47, for a total transaction of $9,098,917.57. 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 Price Performance

Shares of NASDAQ:LAUR opened at $20.66 on Friday. The company has a market capitalization of $3.12 billion, a PE ratio of 10.65 and a beta of 0.80. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63. The stock has a fifty day moving average of $19.46 and a 200-day moving average of $18.15. Laureate Education, Inc. has a one year low of $13.26 and a one year high of $21.73.

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

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets boosted their target price 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.

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.