Maple Rock Capital Partners Inc. bought a new position in Laureate Education Inc (NASDAQ:LAUR) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,100,000 shares of the company’s stock, valued at approximately $14,916,000. Laureate Education accounts for about 5.0% of Maple Rock Capital Partners Inc.’s holdings, making the stock its 12th biggest holding. Maple Rock Capital Partners Inc. owned approximately 0.59% of Laureate Education as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in the company. BlackRock Inc. grew its position in shares of Laureate Education by 49.6% in the 4th quarter. BlackRock Inc. now owns 4,133,654 shares of the company’s stock worth $56,052,000 after buying an additional 1,370,194 shares during the period. Vaughan Nelson Investment Management L.P. grew its position in shares of Laureate Education by 59.5% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 2,226,740 shares of the company’s stock worth $30,194,000 after buying an additional 830,350 shares during the period. Jennison Associates LLC grew its position in shares of Laureate Education by 50.1% in the 4th quarter. Jennison Associates LLC now owns 1,918,608 shares of the company’s stock worth $26,016,000 after buying an additional 640,675 shares during the period. Alyeska Investment Group L.P. grew its position in shares of Laureate Education by 52.4% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,562,135 shares of the company’s stock worth $22,729,000 after buying an additional 536,982 shares during the period. Finally, Neuberger Berman Group LLC grew its position in shares of Laureate Education by 10.5% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,504,042 shares of the company’s stock worth $21,884,000 after buying an additional 142,733 shares during the period. 30.16% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Laureate Education Inc (NASDAQ:LAUR) opened at $13.88 on Monday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.82 and a current ratio of 0.82. The stock has a market cap of $2,600.06 and a PE ratio of -9.13. Laureate Education Inc has a 1-year low of $10.46 and a 1-year high of $18.96.
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About Laureate Education
Laureate Education, Inc provides higher education programs and services to students through an international network of licensed universities and higher education institutions (institutions). The Company’s programs are provided through institutions that are campus-based and Internet-based, or through electronically distributed educational programs (online).
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