EntryPoint Capital LLC Takes Position in Laureate Education, Inc. (NASDAQ:LAUR)

EntryPoint Capital LLC bought a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 23,914 shares of the company’s stock, valued at approximately $437,000.

Several other institutional investors have also bought and sold shares of LAUR. Prudential Financial Inc. lifted its holdings in shares of Laureate Education by 918.9% during the fourth quarter. Prudential Financial Inc. now owns 102,522 shares of the company’s stock valued at $1,875,000 after acquiring an additional 92,460 shares during the period. Cannon Global Investment Management LLC increased its position in shares of Laureate Education by 55.7% during the 4th quarter. Cannon Global Investment Management LLC now owns 19,000 shares of the company’s stock worth $348,000 after purchasing an additional 6,800 shares in the last quarter. Fox Run Management L.L.C. bought a new position in Laureate Education during the 4th quarter valued at about $668,000. KLP Kapitalforvaltning AS acquired a new position in Laureate Education in the fourth quarter valued at about $936,000. Finally, Hillsdale Investment Management Inc. grew its stake in Laureate Education by 0.8% during the fourth quarter. Hillsdale Investment Management Inc. now owns 283,121 shares of the company’s stock worth $5,178,000 after buying an additional 2,300 shares during the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.

Laureate Education Price Performance

Laureate Education stock opened at $20.17 on Wednesday. Laureate Education, Inc. has a 52 week low of $13.26 and a 52 week high of $21.73. The firm has a market cap of $3.04 billion, a P/E ratio of 10.40 and a beta of 0.80. 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 business’s fifty day moving average is $19.40 and its two-hundred day moving average is $18.12.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.62 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.20. The firm 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%. Equities research analysts forecast that Laureate Education, Inc. will post 1.51 earnings per share for the current fiscal year.

Insider Activity

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of the stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total value of $9,098,917.57. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.32% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets lifted their target price 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 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.