Nisa Investment Advisors LLC Has $389,000 Position in Laureate Education, Inc. (NASDAQ:LAUR)

Nisa Investment Advisors LLC trimmed its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,292 shares of the company’s stock after selling 882 shares during the period. Nisa Investment Advisors LLC’s holdings in Laureate Education were worth $389,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Van ECK Associates Corp increased its stake in Laureate Education by 51.0% in the third quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock valued at $36,000 after acquiring an additional 763 shares during the last quarter. Quarry LP acquired a new position in shares of Laureate Education during the second quarter worth approximately $50,000. KBC Group NV raised its stake in shares of Laureate Education by 62.3% in the third quarter. KBC Group NV now owns 4,075 shares of the company’s stock worth $68,000 after purchasing an additional 1,564 shares during the last quarter. New York State Teachers Retirement System bought a new stake in Laureate Education in the 3rd quarter worth about $95,000. Finally, Plato Investment Management Ltd bought a new stake in shares of Laureate Education during the 3rd quarter worth $147,000. 96.27% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets raised their price objective on Laureate Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research note on Friday, November 1st.

Insider Activity

In other news, Director Corro Pedro Del sold 25,000 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $19.58, for a total transaction of $489,500.00. Following the sale, the director now owns 29,686 shares of the company’s stock, valued at approximately $581,251.88. This represents a 45.72 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 2.32% of the company’s stock.

Laureate Education Price Performance

LAUR stock opened at $18.94 on Thursday. The company has a market capitalization of $2.85 billion, a PE ratio of 11.99 and a beta of 0.83. 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 company’s fifty day moving average price is $18.65 and its 200-day moving average price is $16.84. Laureate Education, Inc. has a one year low of $12.52 and a one year high of $19.98.

Laureate Education (NASDAQ:LAUR) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.56 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.40. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. The company had revenue of $368.60 million for the quarter, compared to analyst estimates of $361.80 million. During the same quarter last year, the firm posted $0.23 EPS. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. On average, equities analysts anticipate that Laureate Education, Inc. will post 1.42 EPS for the current fiscal year.

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.