25,055 Shares of Laureate Education $LAUR Acquired by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC acquired a new stake in shares of Laureate Education (NASDAQ:LAUR) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund acquired 25,055 shares of the company’s stock, valued at approximately $956,000.

Several other large investors have also bought and sold shares of LAUR. Point Nemo Capital LLC raised its position in shares of Laureate Education by 4.9% in the 3rd quarter. Point Nemo Capital LLC now owns 46,052 shares of the company’s stock worth $1,757,000 after acquiring an additional 2,132 shares in the last quarter. Alps Advisors Inc. lifted its stake in shares of Laureate Education by 10.5% in the 3rd quarter. Alps Advisors Inc. now owns 16,191 shares of the company’s stock valued at $618,000 after purchasing an additional 1,544 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of Laureate Education by 1.3% during the third quarter. Commonwealth Equity Services LLC now owns 45,719 shares of the company’s stock valued at $1,745,000 after purchasing an additional 575 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in shares of Laureate Education by 11.0% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 20,100 shares of the company’s stock valued at $767,000 after purchasing an additional 2,000 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. boosted its position in shares of Laureate Education by 26.1% during the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,807 shares of the company’s stock valued at $69,000 after purchasing an additional 374 shares in the last quarter. 96.27% of the stock is owned by institutional investors.

Insider Transactions at Laureate Education

In other Laureate Education news, Director Ian Snow sold 427,019 shares of Laureate Education stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $36.26, for a total transaction of $15,483,708.94. Following the completion of the transaction, the director owned 1,646,324 shares in the company, valued at approximately $59,695,708.24. The trade was a 20.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold a total of 521,229 shares of company stock worth $19,103,350 in the last three months. 1.50% of the stock is currently owned by insiders.

Laureate Education Price Performance

LAUR stock opened at $34.56 on Tuesday. The firm has a 50 day moving average price of $37.13 and a 200-day moving average price of $35.57. Laureate Education has a 52-week low of $24.98 and a 52-week high of $40.92. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 16.66, a PEG ratio of 1.11 and a beta of 0.45. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.71 and a current ratio of 0.71.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings results on Thursday, October 29th. The company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.04. The firm had revenue of $485.09 million for the quarter, compared to analysts’ expectations of $480.16 million. Laureate Education had a return on equity of 26.41% and a net margin of 20.28%. The business’s revenue for the quarter was up 21.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.23 EPS. Equities research analysts forecast that Laureate Education will post 2.12 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on LAUR shares. Weiss Ratings cut Laureate Education from a “buy (a)” rating to a “buy (a-)” rating in a research note on Friday, October 30th. JPMorgan Chase & Co. lowered Laureate Education from an “overweight” rating to a “neutral” rating and set a $41.00 price objective for the company. in a research report on Monday, August 3rd. Barrington Research started coverage on shares of Laureate Education in a report on Thursday, July 23rd. They set an “outperform” rating and a $45.00 target price on the stock. Finally, Morgan Stanley upped their target price on shares of Laureate Education from $34.50 to $36.50 and gave the stock an “underweight” rating in a research report on Thursday, October 15th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Laureate Education currently has an average rating of “Moderate Buy” and a consensus price target of $40.90.

About Laureate Education

Laureate Education, Inc operates a network of private higher education institutions in Mexico and Peru. Its principal institutions are Universidad del Valle de México (UVM) and Universidad Peruana de Ciencias Aplicadas (UPC).

The company offers undergraduate and graduate degree programs, as well as other academic and professional education, across fields that include business, health sciences, engineering and technology. Its institutions serve students through campus-based and digital learning options.

Laureate traces its origins to Sylvan Learning Systems, founded in 1989, and later expanded internationally under the Laureate International Universities name.