Van Berkom & Associates Inc. Sells 317,420 Shares of Laureate Education, Inc. (NASDAQ:LAUR)

Van Berkom & Associates Inc. lowered its stake in Laureate Education, Inc. (NASDAQ:LAUR) by 4.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,733,365 shares of the company’s stock after selling 317,420 shares during the period. Laureate Education makes up about 3.7% of Van Berkom & Associates Inc.’s investment portfolio, making the stock its largest holding. Van Berkom & Associates Inc. owned approximately 4.47% of Laureate Education worth $123,153,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of LAUR. North of South Capital LLP acquired a new position in Laureate Education in the 4th quarter worth approximately $22,973,000. Alberta Investment Management Corp lifted its holdings in shares of Laureate Education by 32.6% in the fourth quarter. Alberta Investment Management Corp now owns 849,008 shares of the company’s stock valued at $15,528,000 after purchasing an additional 208,572 shares in the last quarter. New York State Teachers Retirement System boosted its position in shares of Laureate Education by 112.8% in the fourth quarter. New York State Teachers Retirement System now owns 12,180 shares of the company’s stock worth $223,000 after buying an additional 6,455 shares during the period. Asset Management One Co. Ltd. grew its holdings in shares of Laureate Education by 21.6% during the fourth quarter. Asset Management One Co. Ltd. now owns 76,317 shares of the company’s stock valued at $1,390,000 after buying an additional 13,540 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC acquired a new position in Laureate Education during the fourth quarter valued at $310,000. Institutional investors and hedge funds own 96.27% of the company’s stock.

Laureate Education Stock Up 4.2 %

LAUR stock opened at $20.97 on Friday. The company has a 50 day moving average of $18.90 and a two-hundred day moving average of $17.35. The company has a market cap of $3.16 billion, a price-to-earnings ratio of 13.27 and a beta of 0.84. Laureate Education, Inc. has a 12-month low of $12.59 and a 12-month high of $21.73. 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 announced its quarterly earnings data 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. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. On average, equities analysts anticipate that Laureate Education, Inc. will post 1.54 earnings per share for the current fiscal year.

Insider Transactions at Laureate Education

In other Laureate Education news, Director Corro Pedro Del sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $19.58, for a total value of $489,500.00. Following the completion of the sale, the director now directly owns 29,686 shares of the company’s stock, valued at $581,251.88. The trade was a 45.72 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 2.32% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets raised their price objective on Laureate Education from $17.00 to $20.00 and gave the stock an “outperform” rating in a research report on Friday, November 1st.

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.