New York State Teachers Retirement System Acquires 6,455 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

New York State Teachers Retirement System increased its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 112.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,180 shares of the company’s stock after buying an additional 6,455 shares during the period. New York State Teachers Retirement System’s holdings in Laureate Education were worth $223,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Van ECK Associates Corp boosted its position in shares of Laureate Education by 51.0% during the third quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after purchasing an additional 763 shares in the last quarter. KBC Group NV raised its stake in Laureate Education by 62.3% during the 3rd quarter. KBC Group NV now owns 4,075 shares of the company’s stock worth $68,000 after buying an additional 1,564 shares during the period. Plato Investment Management Ltd bought a new position in Laureate Education during the third quarter worth about $147,000. Creative Planning acquired a new position in Laureate Education in the third quarter valued at about $181,000. Finally, Cannon Global Investment Management LLC bought a new stake in shares of Laureate Education in the third quarter worth about $203,000. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Laureate Education Stock Down 1.6 %

Laureate Education stock opened at $19.28 on Tuesday. The company has a fifty day simple moving average of $18.92 and a 200 day simple moving average of $17.43. 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, Inc. has a 1-year low of $12.97 and a 1-year high of $21.73. The company has a market cap of $2.91 billion, a P/E ratio of 9.94 and a beta of 0.84.

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

Analyst Upgrades and Downgrades

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

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.