Marathon Asset Management Ltd lifted its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) by 0.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,703,742 shares of the company's stock after purchasing an additional 14,110 shares during the quarter. Marathon Asset Management Ltd owned 1.13% of Laureate Education worth $31,161,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in the business. Bailard Inc. increased its holdings in shares of Laureate Education by 11.7% during the fourth quarter. Bailard Inc. now owns 22,229 shares of the company's stock worth $407,000 after purchasing an additional 2,329 shares during the period. Parkside Financial Bank & Trust increased its holdings 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 purchasing an additional 673 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of Laureate Education by 3.4% during the fourth quarter. Bank of New York Mellon Corp now owns 1,419,436 shares of the company's stock worth $25,961,000 after purchasing an additional 46,445 shares during the period. Y Intercept Hong Kong Ltd bought a new position in shares of Laureate Education during the fourth quarter worth approximately $504,000. Finally, North of South Capital LLP bought a new position in shares of Laureate Education during the fourth quarter worth approximately $22,973,000. 96.27% of the stock is owned by institutional investors.
Separately, BMO Capital Markets raised their target price on shares of Laureate Education from $21.00 to $23.00 and gave the stock an "outperform" rating in a report on Monday, February 24th.
Read Our Latest Analysis on LAUR
NASDAQ LAUR opened at $19.93 on Monday. 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 firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 10.27 and a beta of 0.84. The firm's 50 day simple moving average is $19.03 and its 200 day simple moving average is $17.60. Laureate Education, Inc. has a 1 year low of $13.26 and a 1 year high of $21.73.
Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.20. The business had revenue of $423.40 million for the quarter, compared to analyst estimates of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. As a group, research analysts expect that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.
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.
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