Aristides Capital LLC Has $330,000 Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Aristides Capital LLC lifted its stake in Laureate Education, Inc. (NASDAQ:LAUR) by 25.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,034 shares of the company’s stock after acquiring an additional 3,626 shares during the period. Aristides Capital LLC’s holdings in Laureate Education were worth $330,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Geode Capital Management LLC boosted its holdings in Laureate Education by 0.3% in the 3rd quarter. Geode Capital Management LLC now owns 3,185,347 shares of the company’s stock valued at $52,918,000 after purchasing an additional 10,447 shares during the period. State Street Corp raised its position in shares of 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 during the last quarter. Boston Partners lifted its stake in shares of Laureate Education by 5.3% in the fourth quarter. Boston Partners now owns 2,584,925 shares of the company’s stock valued at $47,497,000 after buying an additional 130,172 shares during the period. Charles Schwab Investment Management Inc. grew its position in Laureate Education by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company’s stock worth $39,892,000 after buying an additional 35,521 shares in the last quarter. Finally, Marathon Asset Management Ltd increased its stake in Laureate Education by 0.8% during the fourth quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company’s stock valued at $31,161,000 after acquiring an additional 14,110 shares during the period. Institutional investors and hedge funds own 96.27% of the company’s stock.

Insider Activity

In other news, Director Ian Kendell Snow sold 520,831 shares of the business’s stock in a transaction on Thursday, March 13th. The shares were sold at an average price of $17.47, for a total value of $9,098,917.57. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 2.32% of the company’s stock.

Laureate Education Stock Down 6.5 %

LAUR opened at $18.98 on Monday. The company has a market capitalization of $2.86 billion, a P/E ratio of 9.78 and a beta of 0.43. 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 firm’s fifty day moving average price is $19.65 and its two-hundred day moving average price is $18.38. Laureate Education, Inc. has a fifty-two week low of $13.26 and a fifty-two week high of $21.73.

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

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets raised their price objective on Laureate Education from $21.00 to $23.00 and gave the stock an “outperform” rating in a research report on Monday, February 24th.

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.