J.Safra Asset Management Corp Has $61,000 Stock Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

J.Safra Asset Management Corp increased its stake in shares of Laureate Education, Inc. (NASDAQ:LAUR) by 34.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,386 shares of the company’s stock after purchasing an additional 866 shares during the quarter. J.Safra Asset Management Corp’s holdings in Laureate Education were worth $61,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Geode Capital Management LLC increased its position in Laureate Education by 0.3% during the 3rd quarter. Geode Capital Management LLC now owns 3,185,347 shares of the company’s stock worth $52,918,000 after purchasing an additional 10,447 shares in the last quarter. State Street Corp increased its position in Laureate Education by 2.2% in the 3rd quarter. State Street Corp now owns 3,116,661 shares of the company’s stock valued at $51,768,000 after acquiring an additional 68,122 shares during the period. Swedbank AB increased its position in Laureate Education by 225.8% in the 3rd quarter. Swedbank AB now owns 2,513,300 shares of the company’s stock valued at $41,746,000 after acquiring an additional 1,741,800 shares during the period. Charles Schwab Investment Management Inc. increased its position in Laureate Education by 1.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,181,073 shares of the company’s stock valued at $39,892,000 after acquiring an additional 35,521 shares during the period. Finally, Marathon Asset Management Ltd increased its position in Laureate Education by 0.8% in the 4th quarter. Marathon Asset Management Ltd now owns 1,703,742 shares of the company’s stock valued at $31,161,000 after acquiring an additional 14,110 shares during the period. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, BMO Capital Markets upped their price objective on shares of Laureate Education from $21.00 to $23.00 and gave the company an “outperform” rating in a research note on Monday, February 24th.

Laureate Education Stock Down 1.0 %

Shares of NASDAQ LAUR opened at $19.83 on Thursday. The firm has a market cap of $2.99 billion, a PE ratio of 10.22 and a beta of 0.80. Laureate Education, Inc. has a 12-month low of $13.26 and a 12-month high of $21.73. The company’s fifty day simple moving average is $19.13 and its 200 day simple moving average is $17.69. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15.

Laureate Education (NASDAQ:LAUR) last issued its 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, sell-side analysts forecast that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.

About Laureate Education

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.