Investors Buy Large Volume of Call Options on Laureate Education (LAUR)

Laureate Education Inc. (NASDAQ:LAUR) was the target of unusually large options trading activity on Friday. Stock traders acquired 1,581 call options on the company. This is an increase of approximately Infinity compared to the typical volume of 0 call options.

Shares of Laureate Education (LAUR) opened at $10.90 on Wednesday. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.82 and a quick ratio of 0.82. Laureate Education has a one year low of $10.65 and a one year high of $18.96.

Laureate Education (NASDAQ:LAUR) last posted its earnings results on Wednesday, November 8th. The company reported ($1.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.61) by ($0.41). The company had revenue of $983.40 million during the quarter, compared to the consensus estimate of $972.59 million. Laureate Education had a negative net margin of 1.47% and a negative return on equity of 2.66%. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. analysts predict that Laureate Education will post -0.98 EPS for the current year.

In other news, COO Ricardo M. Berckemeyer sold 47,983 shares of the firm’s stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $14.29, for a total transaction of $685,677.07. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 13.10% of the stock is currently owned by company insiders.

Hedge funds have recently bought and sold shares of the business. Quantbot Technologies LP bought a new stake in Laureate Education in the second quarter valued at $122,000. SG Americas Securities LLC bought a new stake in Laureate Education in the third quarter valued at $138,000. Nationwide Fund Advisors bought a new stake in Laureate Education in the first quarter valued at $146,000. First Mercantile Trust Co. bought a new stake in Laureate Education in the second quarter valued at $150,000. Finally, Legal & General Group Plc lifted its stake in Laureate Education by 61.2% in the second quarter. Legal & General Group Plc now owns 8,532 shares of the company’s stock valued at $150,000 after buying an additional 3,240 shares during the last quarter. Institutional investors own 20.77% of the company’s stock.

A number of research firms have recently weighed in on LAUR. Credit Suisse Group AG decreased their price target on shares of Laureate Education from $20.00 to $19.00 and set an “outperform” rating for the company in a research report on Thursday, November 9th. BMO Capital Markets decreased their price objective on shares of Laureate Education from $18.00 to $17.00 and set an “outperform” rating for the company in a report on Thursday, November 9th. ValuEngine downgraded shares of Laureate Education from a “hold” rating to a “sell” rating in a report on Friday, November 10th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $18.00 price objective (down previously from $21.00) on shares of Laureate Education in a report on Thursday, November 9th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and issued a $16.50 price objective on shares of Laureate Education in a report on Friday, November 10th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and ten have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $16.98.

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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).

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