Mirabella Financial Services LLP Has $1.19 Million Position in Laureate Education, Inc. (NASDAQ:LAUR)

Mirabella Financial Services LLP boosted its stake in Laureate Education, Inc. (NASDAQ:LAUR) by 15.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 65,250 shares of the company’s stock after purchasing an additional 8,500 shares during the quarter. Mirabella Financial Services LLP’s holdings in Laureate Education were worth $1,193,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LAUR. North of South Capital LLP bought a new stake in Laureate Education in the 4th quarter valued at about $22,973,000. Union Bancaire Privee UBP SA acquired a new stake in Laureate Education in the fourth quarter valued at approximately $15,057,000. Brandywine Global Investment Management LLC bought a new stake in shares of Laureate Education during the fourth quarter valued at approximately $9,353,000. Renaissance Technologies LLC raised its position in shares of Laureate Education by 2,702.0% during the fourth quarter. Renaissance Technologies LLC now owns 285,800 shares of the company’s stock worth $5,227,000 after purchasing an additional 275,600 shares during the period. Finally, Teacher Retirement System of Texas lifted its holdings in shares of Laureate Education by 132.7% in the 4th quarter. Teacher Retirement System of Texas now owns 430,817 shares of the company’s stock worth $7,880,000 after purchasing an additional 245,707 shares in the last quarter. 96.27% of the stock is owned by institutional investors.

Laureate Education Price Performance

LAUR stock opened at $19.14 on Monday. 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 has a 50-day simple moving average of $19.61 and a two-hundred day simple moving average of $18.58. The company has a market capitalization of $2.89 billion, a P/E ratio of 9.87 and a beta of 0.43. Laureate Education, Inc. has a 52-week low of $13.26 and a 52-week high of $21.73.

Laureate Education (NASDAQ:LAUR) last posted its earnings results on Thursday, February 20th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.20. Laureate Education had a return on equity of 32.35% and a net margin of 18.92%. The company had revenue of $423.40 million for the quarter, compared to analyst estimates of $411.50 million. Research analysts expect that Laureate Education, Inc. will post 1.51 EPS for the current fiscal year.

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 stock an “outperform” rating in a report on Monday, February 24th.

Insider Transactions at Laureate Education

In other Laureate Education news, Director Ian Kendell Snow sold 520,831 shares of Laureate Education stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $17.47, for a total transaction of $9,098,917.57. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 2.32% of the company’s stock.

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.