Charles Schwab Investment Management Inc. Acquires 35,521 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Charles Schwab Investment Management Inc. increased its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 1.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,181,073 shares of the company’s stock after purchasing an additional 35,521 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 1.45% of Laureate Education worth $39,892,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. 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 valued at $68,000 after buying an additional 1,564 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Laureate Education by 10.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock worth $128,000 after acquiring an additional 673 shares during the last quarter. Plato Investment Management Ltd purchased a new position in Laureate Education during the third quarter valued at $147,000. New York State Teachers Retirement System increased its holdings in Laureate Education by 112.8% in the 4th quarter. New York State Teachers Retirement System now owns 12,180 shares of the company’s stock valued at $223,000 after acquiring an additional 6,455 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new stake in Laureate Education in the 4th quarter worth $310,000. Institutional investors own 96.27% of the company’s stock.

Analysts Set New Price Targets

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

Laureate Education Stock Up 2.2 %

NASDAQ LAUR opened at $18.89 on Friday. The stock has a 50 day moving average price of $19.23 and a 200-day moving average price of $17.88. Laureate Education, Inc. has a one year low of $13.26 and a one year high of $21.73. 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 has a market capitalization of $2.85 billion, a P/E ratio of 9.74 and a beta of 0.80.

Laureate Education (NASDAQ:LAUR) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.42 by $0.20. The company had revenue of $423.40 million during the quarter, compared to analyst estimates of $411.50 million. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. As a group, equities analysts predict that Laureate Education, Inc. will post 1.51 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.