KBC Group NV Has $68,000 Holdings in Laureate Education, Inc. (NASDAQ:LAUR)

KBC Group NV lifted its stake in Laureate Education, Inc. (NASDAQ:LAUR) by 62.3% during the 3rd quarter, HoldingsChannel reports. The fund owned 4,075 shares of the company’s stock after buying an additional 1,564 shares during the period. KBC Group NV’s holdings in Laureate Education were worth $68,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of LAUR. Nisa Investment Advisors LLC grew its position in Laureate Education by 3.2% in the 3rd quarter. Nisa Investment Advisors LLC now owns 22,174 shares of the company’s stock worth $368,000 after purchasing an additional 682 shares during the last quarter. The Manufacturers Life Insurance Company grew its position in Laureate Education by 1.0% during the second quarter. The Manufacturers Life Insurance Company now owns 74,753 shares of the company’s stock worth $1,117,000 after buying an additional 759 shares in the last quarter. Van ECK Associates Corp grew its position in Laureate Education by 51.0% during the third quarter. Van ECK Associates Corp now owns 2,259 shares of the company’s stock worth $36,000 after buying an additional 763 shares in the last quarter. Arizona State Retirement System increased its stake in Laureate Education by 2.1% during the second quarter. Arizona State Retirement System now owns 37,499 shares of the company’s stock valued at $560,000 after acquiring an additional 783 shares during the period. Finally, Asset Management One Co. Ltd. raised its holdings in Laureate Education by 1.4% in the 3rd quarter. Asset Management One Co. Ltd. now owns 62,777 shares of the company’s stock valued at $1,043,000 after acquiring an additional 896 shares in the last quarter. Institutional investors own 96.27% of the company’s stock.

Laureate Education Stock Performance

NASDAQ:LAUR opened at $19.52 on Friday. The firm has a market capitalization of $2.94 billion, a PE ratio of 12.35 and a beta of 0.82. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15. Laureate Education, Inc. has a 12-month low of $12.45 and a 12-month high of $19.58. The firm has a 50-day moving average price of $16.79 and a 200 day moving average price of $15.69.

Laureate Education (NASDAQ:LAUR) last posted its earnings results on Thursday, October 31st. The company reported $0.56 EPS for the quarter, topping the consensus estimate of $0.16 by $0.40. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. The business had revenue of $368.60 million during the quarter, compared to the consensus estimate of $361.80 million. During the same quarter last year, the company earned $0.23 EPS. Laureate Education’s revenue was up 2.0% on a year-over-year basis. Research analysts anticipate that Laureate Education, Inc. will post 1.42 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, BMO Capital Markets boosted their price objective on Laureate Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research report on Friday, November 1st.

About Laureate Education

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.