Dimensional Fund Advisors LP Sells 50,707 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Dimensional Fund Advisors LP cut its holdings in Laureate Education, Inc. (NASDAQ:LAUR) by 0.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,122,027 shares of the company’s stock after selling 50,707 shares during the period. Dimensional Fund Advisors LP owned approximately 4.52% of Laureate Education worth $106,395,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in LAUR. Nomura Asset Management Co. Ltd. boosted its stake in Laureate Education by 30.3% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 16,758 shares of the company’s stock valued at $230,000 after purchasing an additional 3,901 shares during the last quarter. Capstone Investment Advisors LLC boosted its stake in shares of Laureate Education by 70.0% in the 4th quarter. Capstone Investment Advisors LLC now owns 85,016 shares of the company’s stock worth $1,166,000 after buying an additional 35,016 shares during the last quarter. First Pacific Advisors LP boosted its stake in shares of Laureate Education by 9.5% in the 4th quarter. First Pacific Advisors LP now owns 614,358 shares of the company’s stock worth $8,423,000 after buying an additional 53,148 shares during the last quarter. Alberta Investment Management Corp boosted its stake in shares of Laureate Education by 33.4% in the 4th quarter. Alberta Investment Management Corp now owns 766,580 shares of the company’s stock worth $10,510,000 after buying an additional 191,998 shares during the last quarter. Finally, CenterBook Partners LP purchased a new position in shares of Laureate Education in the 4th quarter worth approximately $195,000. 96.27% of the stock is owned by institutional investors.

Laureate Education Price Performance

Shares of NASDAQ LAUR opened at $16.78 on Tuesday. Laureate Education, Inc. has a twelve month low of $12.45 and a twelve month high of $17.60. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.22. The stock’s 50 day moving average price is $15.25 and its 200-day moving average price is $14.94. The company has a market capitalization of $2.64 billion, a PE ratio of 22.68 and a beta of 0.81.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings data on Thursday, August 1st. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.63 by $0.20. Laureate Education had a return on equity of 21.37% and a net margin of 12.64%. The business had revenue of $499.20 million for the quarter, compared to the consensus estimate of $483.69 million. During the same quarter in the prior year, the business earned $0.35 earnings per share. Laureate Education’s revenue for the quarter was up 8.0% on a year-over-year basis. On average, equities analysts anticipate that Laureate Education, Inc. will post 1.41 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Morgan Stanley downgraded Laureate Education from an “overweight” rating to an “equal weight” rating and set a $17.00 target price on the stock. in a research note on Friday, July 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.