Laureate Education, Inc. (NASDAQ:LAUR) Stake Increased by Van Berkom & Associates Inc.

Van Berkom & Associates Inc. grew its position in Laureate Education, Inc. (NASDAQ:LAUR) by 2.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 6,951,804 shares of the company’s stock after buying an additional 151,397 shares during the period. Laureate Education makes up about 3.1% of Van Berkom & Associates Inc.’s investment portfolio, making the stock its 6th largest holding. Van Berkom & Associates Inc. owned about 4.41% of Laureate Education worth $103,860,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Arizona State Retirement System boosted its holdings in shares of Laureate Education by 2.1% during the 2nd quarter. Arizona State Retirement System now owns 37,499 shares of the company’s stock valued at $560,000 after acquiring an additional 783 shares during the last quarter. Victory Capital Management Inc. raised its stake in Laureate Education by 13.6% during the 2nd quarter. Victory Capital Management Inc. now owns 69,663 shares of the company’s stock valued at $1,041,000 after buying an additional 8,346 shares during the last quarter. Fiera Capital Corp boosted its stake in shares of Laureate Education by 38.2% in the 2nd quarter. Fiera Capital Corp now owns 423,191 shares of the company’s stock worth $6,322,000 after buying an additional 116,985 shares during the last quarter. Rhumbline Advisers grew its holdings in shares of Laureate Education by 3.9% in the second quarter. Rhumbline Advisers now owns 198,778 shares of the company’s stock worth $2,970,000 after acquiring an additional 7,502 shares during the period. Finally, Versor Investments LP grew its stake in shares of 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 purchasing an additional 16,309 shares during the period. 96.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Morgan Stanley lowered Laureate Education from an “overweight” rating to an “equal weight” rating and set a $17.00 price objective for the company. in a research note on Friday, July 26th.

Laureate Education Price Performance

LAUR traded down $0.27 during trading on Monday, reaching $14.57. 24,778 shares of the company traded hands, compared to its average volume of 753,672. Laureate Education, Inc. has a 12-month low of $12.45 and a 12-month high of $17.60. The firm has a fifty day simple moving average of $14.97 and a 200 day simple moving average of $14.73. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.76 and a current ratio of 0.76. The company has a market cap of $2.22 billion, a P/E ratio of 20.05 and a beta of 0.81.

Laureate Education (NASDAQ:LAUR) last released its quarterly earnings data on Thursday, August 1st. The company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.63 by $0.20. The business had revenue of $499.20 million during the quarter, compared to the consensus estimate of $483.69 million. Laureate Education had a net margin of 12.64% and a return on equity of 21.37%. The business’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.35 EPS. On average, equities analysts forecast that Laureate Education, Inc. will post 1.31 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.