Nisa Investment Advisors LLC Increases Stock Position in Laureate Education, Inc. (NASDAQ:LAUR)

Nisa Investment Advisors LLC lifted its holdings in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 24.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,280 shares of the company’s stock after acquiring an additional 7,875 shares during the period. Nisa Investment Advisors LLC’s holdings in Laureate Education were worth $552,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of LAUR. Vanguard Group Inc. lifted its holdings in Laureate Education by 1.4% in the third quarter. Vanguard Group Inc. now owns 13,986,149 shares of the company’s stock valued at $197,205,000 after acquiring an additional 187,400 shares during the period. BlackRock Inc. raised its stake in Laureate Education by 3.0% in the 2nd quarter. BlackRock Inc. now owns 13,823,479 shares of the company’s stock valued at $167,126,000 after purchasing an additional 402,265 shares during the last quarter. Wellington Management Group LLP raised its stake in Laureate Education by 28.9% in the 3rd quarter. Wellington Management Group LLP now owns 7,143,474 shares of the company’s stock valued at $100,723,000 after purchasing an additional 1,599,817 shares during the last quarter. Van Berkom & Associates Inc. increased its stake in shares of Laureate Education by 8.1% during the 3rd quarter. Van Berkom & Associates Inc. now owns 7,125,871 shares of the company’s stock valued at $100,475,000 after acquiring an additional 531,670 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of Laureate Education by 9.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,714,884 shares of the company’s stock valued at $78,966,000 after acquiring an additional 594,424 shares during the last quarter. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, TheStreet upgraded Laureate Education from a “c+” rating to a “b” rating in a report on Monday, February 26th.

Laureate Education Stock Up 1.6 %

NASDAQ LAUR opened at $14.07 on Thursday. The stock has a market cap of $2.22 billion, a PE ratio of 21.98 and a beta of 0.74. Laureate Education, Inc. has a fifty-two week low of $11.34 and a fifty-two week high of $14.91. The business has a 50 day moving average price of $13.77 and a two-hundred day moving average price of $13.58. The company has a quick ratio of 0.50, a current ratio of 0.50 and a debt-to-equity ratio of 0.12.

Laureate Education (NASDAQ:LAUR) last released its earnings results on Thursday, February 22nd. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.27 by $0.03. The company had revenue of $409.40 million during the quarter, compared to analysts’ expectations of $390.39 million. Laureate Education had a return on equity of 12.69% and a net margin of 7.26%. During the same period in the prior year, the business posted $0.22 EPS. As a group, sell-side analysts predict that Laureate Education, Inc. will post 1.22 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.