Franklin Resources Inc. decreased its holdings in Laureate Education Inc (NASDAQ:LAUR) by 1.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,180,027 shares of the company’s stock after selling 37,259 shares during the period. Franklin Resources Inc. owned approximately 1.16% of Laureate Education worth $29,561,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the business. BlackRock Inc. raised its holdings in Laureate Education by 49.6% in the 4th quarter. BlackRock Inc. now owns 4,133,654 shares of the company’s stock valued at $56,052,000 after acquiring an additional 1,370,194 shares during the last quarter. Vaughan Nelson Investment Management L.P. raised its holdings in Laureate Education by 59.5% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 2,226,740 shares of the company’s stock valued at $30,194,000 after acquiring an additional 830,350 shares during the last quarter. Jennison Associates LLC raised its holdings in Laureate Education by 50.1% in the 4th quarter. Jennison Associates LLC now owns 1,918,608 shares of the company’s stock valued at $26,016,000 after acquiring an additional 640,675 shares during the last quarter. Alyeska Investment Group L.P. raised its holdings in Laureate Education by 52.4% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,562,135 shares of the company’s stock valued at $22,729,000 after acquiring an additional 536,982 shares during the last quarter. Finally, Neuberger Berman Group LLC raised its holdings in Laureate Education by 10.5% in the 3rd quarter. Neuberger Berman Group LLC now owns 1,504,042 shares of the company’s stock valued at $21,884,000 after acquiring an additional 142,733 shares during the last quarter. Institutional investors own 29.91% of the company’s stock.

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Shares of Laureate Education stock opened at $14.12 on Thursday. Laureate Education Inc has a one year low of $10.46 and a one year high of $18.96. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 1.94.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings results on Tuesday, March 20th. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.19. Laureate Education had a net margin of 2.09% and a return on equity of 1.14%. The business had revenue of $1.26 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the prior year, the company posted $0.27 EPS. The business’s revenue for the quarter was up 7.3% on a year-over-year basis. equities research analysts forecast that Laureate Education Inc will post 0.52 EPS for the current fiscal year.

A number of analysts have commented on LAUR shares. BMO Capital Markets reiterated a “buy” rating and issued a $18.00 price objective on shares of Laureate Education in a report on Wednesday, January 17th. Robert W. Baird reissued a “buy” rating and issued a $18.00 price target on shares of Laureate Education in a research note on Wednesday, January 17th. Piper Jaffray Companies reissued a “buy” rating and issued a $19.00 price target on shares of Laureate Education in a research note on Thursday, February 1st. ValuEngine raised shares of Laureate Education from a “sell” rating to a “hold” rating in a research note on Wednesday, November 29th. Finally, Zacks Investment Research raised shares of Laureate Education from a “sell” rating to a “hold” rating in a research note on Wednesday, January 17th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company’s stock. Laureate Education presently has a consensus rating of “Buy” and a consensus price target of $17.86.

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Laureate Education Company Profile

Laureate Education, Inc provides higher education programs and services to students through an international network of licensed universities and higher education institutions (institutions). The Company’s programs are provided through institutions that are campus-based and Internet-based, or through electronically distributed educational programs (online).

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

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