Laureate Education, Inc. (NASDAQ:LAUR) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lowered its holdings in Laureate Education, Inc. (NASDAQ:LAUR) by 28.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 173,021 shares of the company’s stock after selling 67,221 shares during the period. Jane Street Group LLC owned approximately 0.11% of Laureate Education worth $2,874,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Bailard Inc. grew its position in Laureate Education by 91.3% in the second quarter. Bailard Inc. now owns 19,900 shares of the company’s stock valued at $297,000 after acquiring an additional 9,500 shares in the last quarter. Liontrust Investment Partners LLP grew its position in shares of Laureate Education by 14.0% during the second quarter. Liontrust Investment Partners LLP now owns 65,000 shares of the company’s stock worth $971,000 after buying an additional 8,000 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Laureate Education by 144.7% in the second quarter. Allspring Global Investments Holdings LLC now owns 9,515 shares of the company’s stock worth $142,000 after buying an additional 5,626 shares during the last quarter. nVerses Capital LLC acquired a new stake in Laureate Education in the second quarter valued at $25,000. Finally, Versor Investments LP boosted its stake in Laureate Education by 84.1% during the 2nd quarter. Versor Investments LP now owns 35,709 shares of the company’s stock valued at $533,000 after acquiring an additional 16,309 shares during the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.

Analyst Ratings Changes

Separately, BMO Capital Markets increased their price target on shares of Laureate Education from $17.00 to $20.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st.

Insider Activity

In other news, Director Corro Pedro Del sold 25,000 shares of the firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $19.58, for a total transaction of $489,500.00. Following the transaction, the director now directly owns 29,686 shares of the company’s stock, valued at approximately $581,251.88. This trade 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 is accessible through the SEC website. Corporate insiders own 2.32% of the company’s stock.

Laureate Education Stock Up 1.0 %

LAUR stock opened at $18.36 on Friday. The firm has a market cap of $2.77 billion, a price-to-earnings ratio of 11.62 and a beta of 0.82. Laureate Education, Inc. has a 1-year low of $12.45 and a 1-year high of $19.98. The firm has a fifty day moving average price of $17.80 and a two-hundred day moving average price of $16.08. 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 posted its earnings results on Thursday, October 31st. The company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.16 by $0.40. The company had revenue of $368.60 million during the quarter, compared to analyst estimates of $361.80 million. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. The business’s revenue was up 2.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.23 earnings per share. Research analysts predict that Laureate Education, Inc. will post 1.42 EPS for the current year.

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.