Quarry LP Has $37,000 Stock Position in Laureate Education, Inc. (NASDAQ:LAUR)

Quarry LP lifted its position in Laureate Education, Inc. (NASDAQ:LAUR) by 52.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,683 shares of the company’s stock after buying an additional 923 shares during the period. Quarry LP’s holdings in Laureate Education were worth $37,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. SummerHaven Investment Management LLC increased its position in shares of Laureate Education by 1.4% in the 4th quarter. SummerHaven Investment Management LLC now owns 60,070 shares of the company’s stock valued at $824,000 after buying an additional 814 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in Laureate Education by 14.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,539 shares of the company’s stock worth $103,000 after purchasing an additional 955 shares in the last quarter. Diversified Trust Co increased its holdings in Laureate Education by 5.8% during the 4th quarter. Diversified Trust Co now owns 23,135 shares of the company’s stock worth $317,000 after purchasing an additional 1,259 shares in the last quarter. New York State Common Retirement Fund increased its holdings in Laureate Education by 5.2% during the 4th quarter. New York State Common Retirement Fund now owns 53,319 shares of the company’s stock worth $731,000 after purchasing an additional 2,650 shares in the last quarter. Finally, Swiss National Bank increased its holdings in 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 purchasing an additional 2,900 shares in the last quarter. Institutional investors own 96.27% of the company’s stock.

Insider Activity

In other news, Director Corro Pedro Del sold 5,957 shares of the firm’s stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $16.31, for a total value of $97,158.67. Following the completion of the transaction, the director now owns 46,729 shares in the company, valued at approximately $762,149.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Corro Pedro Del sold 5,957 shares of the firm’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $16.31, for a total value of $97,158.67. Following the completion of the sale, the director now directly owns 46,729 shares in the company, valued at approximately $762,149.99. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ian Kendell Snow sold 2,114,928 shares of the firm’s stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $14.64, for a total transaction of $30,962,545.92. The disclosure for this sale can be found here. Insiders sold 2,122,190 shares of company stock worth $31,080,297 in the last quarter. Corporate insiders own 2.32% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Laureate Education Price Performance

Shares of NASDAQ LAUR opened at $14.20 on Tuesday. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 19.19 and a beta of 0.78. The business has a 50-day moving average of $15.13 and a 200-day moving average of $14.02. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.55 and a quick ratio of 0.55. Laureate Education, Inc. has a fifty-two week low of $11.34 and a fifty-two week high of $16.60.

Laureate Education (NASDAQ:LAUR) last announced its quarterly earnings data on Thursday, May 2nd. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.12). The company had revenue of $275.40 million during the quarter, compared to the consensus estimate of $269.35 million. Laureate Education had a net margin of 8.19% and a return on equity of 13.98%. Laureate Education’s revenue was up 9.6% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.17) EPS. As a group, sell-side analysts predict that Laureate Education, Inc. will post 1.29 earnings per share for the current fiscal year.

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.