Amundi Has $4.84 Million Stock Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

Amundi trimmed its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 35.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 259,168 shares of the company’s stock after selling 141,297 shares during the quarter. Amundi’s holdings in Laureate Education were worth $4,841,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of LAUR. Asset Management One Co. Ltd. increased its position in shares of Laureate Education by 21.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 76,317 shares of the company’s stock worth $1,390,000 after acquiring an additional 13,540 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Laureate Education by 3.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,145,552 shares of the company’s stock worth $35,638,000 after purchasing an additional 80,570 shares in the last quarter. Burney Co. acquired a new stake in shares of Laureate Education in the 4th quarter valued at about $666,000. KBC Group NV lifted its holdings in shares of Laureate Education by 48.4% in the fourth quarter. KBC Group NV now owns 6,049 shares of the company’s stock valued at $111,000 after purchasing an additional 1,974 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new position in shares of Laureate Education during the fourth quarter worth about $310,000. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Laureate Education Stock Performance

Shares of LAUR opened at $18.89 on Friday. The stock has a market capitalization of $2.85 billion, a price-to-earnings ratio of 9.74 and a beta of 0.80. Laureate Education, Inc. has a 12 month low of $13.26 and a 12 month high of $21.73. The firm has a fifty day simple moving average of $19.23 and a 200 day simple moving average of $17.88. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings data on Thursday, February 20th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.20. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. The company had revenue of $423.40 million during the quarter, compared to the consensus estimate of $411.50 million. Research analysts forecast that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

About Laureate Education

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.