American International Group Inc. increased its holdings in shares of Laureate Education Inc (NASDAQ:LAUR) by 56.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 37,265 shares of the company’s stock after purchasing an additional 13,417 shares during the period. American International Group Inc.’s holdings in Laureate Education were worth $505,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also made changes to their positions in the company. SG Americas Securities LLC purchased a new stake in Laureate Education during the 3rd quarter worth approximately $138,000. Teacher Retirement System of Texas purchased a new stake in Laureate Education during the 4th quarter worth approximately $149,000. Voya Investment Management LLC purchased a new stake in shares of Laureate Education in the 2nd quarter valued at approximately $278,000. OxFORD Asset Management LLP purchased a new stake in shares of Laureate Education in the 3rd quarter valued at approximately $370,000. Finally, Highbridge Capital Management LLC purchased a new stake in shares of Laureate Education in the 3rd quarter valued at approximately $402,000. 30.16% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Laureate Education Inc (NASDAQ:LAUR) opened at $13.88 on Monday. Laureate Education Inc has a 52-week low of $10.46 and a 52-week high of $18.96. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.82 and a quick ratio of 0.82. The company has a market cap of $2,600.00 and a P/E ratio of -23.13.
About Laureate Education
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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