Laureate Education, Inc. (NASDAQ:LAUR) Shares Purchased by Cullen Capital Management LLC

Cullen Capital Management LLC increased its holdings in Laureate Education, Inc. (NASDAQ:LAUR) by 19.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 905,067 shares of the company’s stock after buying an additional 145,307 shares during the quarter. Cullen Capital Management LLC owned about 0.60% of Laureate Education worth $16,554,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Parkside Financial Bank & Trust increased its stake in shares of Laureate Education by 10.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 6,976 shares of the company’s stock worth $128,000 after acquiring an additional 673 shares during the period. J.Safra Asset Management Corp boosted its holdings in Laureate Education by 34.4% in the fourth quarter. J.Safra Asset Management Corp now owns 3,386 shares of the company’s stock valued at $61,000 after purchasing an additional 866 shares during the last quarter. MBM Wealth Consultants LLC grew its position in Laureate Education by 6.0% during the 4th quarter. MBM Wealth Consultants LLC now owns 17,622 shares of the company’s stock worth $320,000 after purchasing an additional 990 shares during the period. Daiwa Securities Group Inc. raised its stake in shares of Laureate Education by 3.5% during the 4th quarter. Daiwa Securities Group Inc. now owns 47,558 shares of the company’s stock valued at $870,000 after buying an additional 1,606 shares during the last quarter. Finally, KBC Group NV lifted its holdings in shares of 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 buying an additional 1,974 shares during the period. Institutional investors and hedge funds own 96.27% of the company’s stock.

Analyst Ratings Changes

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

Insider Activity

In other news, Director Ian Kendell Snow sold 520,831 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $17.47, for a total transaction of $9,098,917.57. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 2.32% of the company’s stock.

Laureate Education Stock Down 6.5 %

LAUR stock opened at $18.98 on Friday. Laureate Education, Inc. has a one year low of $13.26 and a one year high of $21.73. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.63 and a current ratio of 0.63. The firm’s fifty day moving average is $19.65 and its 200 day moving average is $18.35. The firm has a market cap of $2.86 billion, a PE ratio of 9.78 and a beta of 0.43.

Laureate Education (NASDAQ:LAUR) last posted its earnings results on Thursday, February 20th. The company reported $0.62 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.20. The firm had revenue of $423.40 million for the quarter, compared to analysts’ expectations of $411.50 million. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. On average, research analysts forecast that Laureate Education, Inc. will post 1.51 EPS for the current 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.