Mondrian Investment Partners LTD Makes New $1.63 Million Investment in Laureate Education, Inc. (NASDAQ:LAUR)

Mondrian Investment Partners LTD acquired a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 105,353 shares of the company’s stock, valued at approximately $1,633,000.

A number of other large investors also recently modified their holdings of the company. nVerses Capital LLC purchased a new position in shares of Laureate Education during the second quarter worth approximately $25,000. Quarry LP grew its position in shares of Laureate Education by 52.4% in the 4th quarter. Quarry LP now owns 2,683 shares of the company’s stock worth $37,000 after buying an additional 923 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in Laureate Education by 24.4% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,889 shares of the company’s stock worth $57,000 after purchasing an additional 764 shares in the last quarter. SG Americas Securities LLC purchased a new stake in Laureate Education in the first quarter worth about $151,000. Finally, CenterBook Partners LP purchased a new stake in Laureate Education in the fourth quarter worth $195,000. 96.27% of the stock is currently owned by institutional investors.

Laureate Education Trading Up 0.1 %

Shares of Laureate Education stock opened at $16.69 on Wednesday. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.76 and a current ratio of 0.76. Laureate Education, Inc. has a fifty-two week low of $12.45 and a fifty-two week high of $17.60. The company has a fifty day moving average of $15.12 and a 200 day moving average of $14.84. The company has a market capitalization of $2.63 billion, a P/E ratio of 22.55 and a beta of 0.81.

Laureate Education (NASDAQ:LAUR) last posted its earnings results on Thursday, August 1st. The company reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.63 by $0.20. The firm had revenue of $499.20 million during the quarter, compared to the consensus estimate of $483.69 million. Laureate Education had a return on equity of 21.37% and a net margin of 12.64%. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the prior year, the company earned $0.35 EPS. On average, sell-side analysts anticipate that Laureate Education, Inc. will post 1.41 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley lowered shares of 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 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.