Ellington Management Group LLC Invests $447,000 in Laureate International Universities (LAUR)

Ellington Management Group LLC bought a new position in shares of Laureate International Universities (NASDAQ:LAUR) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 33,000 shares of the company’s stock, valued at approximately $447,000.

A number of other large investors have also recently added to or reduced their stakes in LAUR. SG Americas Securities LLC acquired a new position in shares of Laureate International Universities in the 3rd quarter valued at $138,000. Pitcairn Co. acquired a new position in shares of Laureate International Universities in the 4th quarter valued at $143,000. Teacher Retirement System of Texas acquired a new position in shares of Laureate International Universities in the 4th quarter valued at $149,000. Voya Investment Management LLC acquired a new position in shares of Laureate International Universities in the 2nd quarter valued at $278,000. Finally, Stone Ridge Asset Management LLC acquired a new position in shares of Laureate International Universities in the 4th quarter valued at $238,000. 29.91% of the stock is currently owned by hedge funds and other institutional investors.

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LAUR has been the subject of a number of recent analyst reports. ValuEngine lowered Laureate International Universities from a “sell” rating to a “strong sell” rating in a research report on Thursday, March 1st. BMO Capital Markets reiterated a “buy” rating and issued a $18.00 price target on shares of Laureate International Universities in a research report on Wednesday, January 17th. Zacks Investment Research upgraded Laureate International Universities from a “sell” rating to a “hold” rating in a research report on Wednesday, January 17th. Piper Jaffray restated a “buy” rating and set a $19.00 price objective on shares of Laureate International Universities in a research report on Thursday, February 1st. Finally, Robert W. Baird restated a “buy” rating and set a $18.00 price objective on shares of Laureate International Universities in a research report on Wednesday, January 17th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $17.86.

NASDAQ LAUR traded down $0.25 during trading on Friday, reaching $14.09. 247,139 shares of the company’s stock were exchanged, compared to its average volume of 291,706. Laureate International Universities has a fifty-two week low of $10.46 and a fifty-two week high of $18.96. The firm has a market capitalization of $2,688.68, a PE ratio of -11.74, a PEG ratio of 2.85 and a beta of 0.74. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 2.05.

Laureate International Universities (NASDAQ:LAUR) last announced its quarterly earnings data on Tuesday, March 20th. The company reported $0.48 EPS for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.19. Laureate International Universities had a return on equity of 7.52% and a net margin of 2.09%. The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period last year, the company posted $0.27 EPS. The business’s quarterly revenue was up 7.3% compared to the same quarter last year. research analysts anticipate that Laureate International Universities will post 0.42 EPS for the current year.

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About Laureate International Universities

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.

Institutional Ownership by Quarter for Laureate International Universities (NASDAQ:LAUR)

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