Sciencast Management LP Buys New Holdings in Laureate Education Inc (LAUR)

Sciencast Management LP bought a new position in Laureate Education Inc (NASDAQ:LAUR) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 10,400 shares of the company’s stock, valued at approximately $165,000.

Several other hedge funds also recently added to or reduced their stakes in the company. FMR LLC lifted its holdings in shares of Laureate Education by 141.4% in the fourth quarter. FMR LLC now owns 11,265,979 shares of the company’s stock worth $171,694,000 after buying an additional 6,599,488 shares in the last quarter. BlackRock Inc. raised its stake in Laureate Education by 28.2% during the fourth quarter. BlackRock Inc. now owns 6,283,058 shares of the company’s stock valued at $95,755,000 after purchasing an additional 1,382,466 shares in the last quarter. Vanguard Group Inc raised its stake in Laureate Education by 7.6% during the third quarter. Vanguard Group Inc now owns 6,001,634 shares of the company’s stock valued at $92,664,000 after purchasing an additional 425,706 shares in the last quarter. Vanguard Group Inc. raised its stake in Laureate Education by 7.6% during the third quarter. Vanguard Group Inc. now owns 6,001,634 shares of the company’s stock valued at $92,664,000 after purchasing an additional 425,706 shares in the last quarter. Finally, Jennison Associates LLC raised its stake in Laureate Education by 19.2% during the fourth quarter. Jennison Associates LLC now owns 2,023,114 shares of the company’s stock valued at $30,832,000 after purchasing an additional 325,900 shares in the last quarter. 43.11% of the stock is currently owned by hedge funds and other institutional investors.

In other news, insider Marcelo Cardoso sold 6,900 shares of the stock in a transaction on Thursday, March 14th. The shares were sold at an average price of $15.24, for a total value of $105,156.00. Following the sale, the insider now owns 24,037 shares of the company’s stock, valued at $366,323.88. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Ricardo M. Berckemeyer sold 6,627 shares of the stock in a transaction on Tuesday, March 5th. The shares were sold at an average price of $15.00, for a total transaction of $99,405.00. Following the completion of the sale, the chief operating officer now directly owns 68,921 shares in the company, valued at approximately $1,033,815. The disclosure for this sale can be found here. In the last three months, insiders sold 41,667 shares of company stock worth $627,224. Insiders own 2.97% of the company’s stock.

A number of equities research analysts recently issued reports on LAUR shares. Zacks Investment Research raised shares of Laureate Education from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Friday, March 8th. TheStreet raised shares of Laureate Education from a “d-” rating to a “c” rating in a research note on Thursday, January 17th. Finally, ValuEngine raised shares of Laureate Education from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $18.30.

Laureate Education stock opened at $15.75 on Friday. The firm has a market cap of $3.53 billion, a P/E ratio of 143.18, a price-to-earnings-growth ratio of 2.97 and a beta of 0.40. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.28. Laureate Education Inc has a 52-week low of $13.58 and a 52-week high of $17.15.

Laureate Education (NASDAQ:LAUR) last announced its earnings results on Thursday, February 28th. The company reported $0.13 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.29 by ($0.16). Laureate Education had a net margin of 9.66% and a return on equity of 5.73%. The firm had revenue of $913.70 million during the quarter, compared to analysts’ expectations of $913.03 million. On average, equities research analysts predict that Laureate Education Inc will post 0.44 earnings per share for the current fiscal year.

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Laureate Education Profile

Laureate Education, Inc, together with its subsidiaries, provides higher education programs and services to students through universities and higher education institutions. It operates through six segments: Brazil, Mexico, Andean & Iberian, Central America & U.S. Campuses, EMEAA, and Online & Partnerships.

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Institutional Ownership by Quarter for Laureate Education (NASDAQ:LAUR)

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