Bank of New York Mellon Corp Buys 46,445 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Bank of New York Mellon Corp boosted its position in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 3.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,419,436 shares of the company’s stock after acquiring an additional 46,445 shares during the period. Bank of New York Mellon Corp owned approximately 0.94% of Laureate Education worth $25,961,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Van ECK Associates Corp grew its position in shares of Laureate Education by 51.0% during the 3rd quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after buying an additional 763 shares during the period. Asset Management One Co. Ltd. boosted its stake in Laureate Education by 1.4% in the third quarter. Asset Management One Co. Ltd. now owns 62,777 shares of the company’s stock valued at $1,043,000 after acquiring an additional 896 shares during the last quarter. MBM Wealth Consultants LLC boosted its stake in Laureate Education by 6.0% in the fourth quarter. MBM Wealth Consultants LLC now owns 17,622 shares of the company’s stock valued at $320,000 after acquiring an additional 990 shares during the last quarter. KBC Group NV grew its holdings 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 acquiring an additional 1,564 shares during the period. Finally, Segall Bryant & Hamill LLC raised its position in shares of Laureate Education by 1.5% during the 3rd quarter. Segall Bryant & Hamill LLC now owns 304,206 shares of the company’s stock valued at $5,053,000 after acquiring an additional 4,368 shares during the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.

Laureate Education Stock Performance

Shares of NASDAQ:LAUR opened at $19.42 on Monday. The firm’s 50 day simple moving average is $19.17 and its 200 day simple moving average is $17.77. Laureate Education, Inc. has a fifty-two week low of $13.26 and a fifty-two week high of $21.73. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of 10.01 and a beta of 0.80. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63.

Laureate Education (NASDAQ:LAUR) last issued its earnings results on Thursday, February 20th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.42 by $0.20. The firm had revenue of $423.40 million during the quarter, compared to the consensus estimate of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. As a group, sell-side analysts forecast that Laureate Education, Inc. will post 1.51 earnings per share for the current year.

Analyst Ratings Changes

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

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.