American Century Companies Inc. Purchases 23,372 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

American Century Companies Inc. lifted its position in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 7.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 353,748 shares of the company’s stock after purchasing an additional 23,372 shares during the period. American Century Companies Inc. owned 0.23% of Laureate Education worth $6,470,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Asset Management One Co. Ltd. increased its holdings in shares of Laureate Education by 21.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 76,317 shares of the company’s stock worth $1,390,000 after purchasing an additional 13,540 shares during the period. Charles Schwab Investment Management Inc. grew its position in Laureate Education by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company’s stock worth $39,892,000 after buying an additional 35,521 shares in the last quarter. Burney Co. bought a new position in Laureate Education during the 4th quarter worth $666,000. KBC Group NV raised its holdings in Laureate Education by 48.4% in the 4th quarter. KBC Group NV now owns 6,049 shares of the company’s stock valued at $111,000 after acquiring an additional 1,974 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC bought a new stake in shares of Laureate Education during the 4th quarter valued at $310,000. 96.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Ian Kendell Snow sold 520,831 shares of Laureate Education stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $17.47, for a total transaction of $9,098,917.57. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 2.32% of the stock is owned by corporate insiders.

Laureate Education Price Performance

Shares of NASDAQ:LAUR opened at $18.98 on Friday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $2.86 billion, a PE ratio of 9.78 and a beta of 0.43. The firm has a 50 day moving average of $19.65 and a 200-day moving average of $18.35. Laureate Education, Inc. has a 12 month low of $13.26 and a 12 month high of $21.73.

Laureate Education (NASDAQ:LAUR) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.62 EPS for the quarter, beating the consensus estimate of $0.42 by $0.20. The business 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%. On average, equities research analysts predict that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

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.