Informed Momentum Co LLC Acquires Shares of 195,952 Laureate Education (NASDAQ:LAUR)

Key Points

• Informed Momentum Co LLC acquired 195,952 shares of Laureate Education (NASDAQ: LAUR) for approximately $4,007,000 in the first quarter, representing 0.13% of the company's stock.
• Other significant institutional investors, including Public Sector Pension Investment Board and Vanguard Group Inc., have also increased their stakes in Laureate Education, highlighting strong interest from hedge funds and institutions.
• Laureate Education reported a quarterly earnings EPS of $0.79, exceeding expectations, with a year-over-year revenue increase of 5%, and analysts expect a total EPS of 1.51 for the current year.

Informed Momentum Co LLC purchased a new position in shares of Laureate Education (NASDAQ:LAUR - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 195,952 shares of the company's stock, valued at approximately $4,007,000. Informed Momentum Co LLC owned 0.13% of Laureate Education as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in LAUR. Wells Fargo & Company MN increased its position in shares of Laureate Education by 20.0% in the fourth quarter. Wells Fargo & Company MN now owns 112,136 shares of the company's stock worth $2,051,000 after acquiring an additional 18,695 shares in the last quarter. Cerity Partners LLC acquired a new stake in shares of Laureate Education in the fourth quarter worth $327,000. Invesco Ltd. increased its position in shares of Laureate Education by 7.4% in the fourth quarter. Invesco Ltd. now owns 1,761,870 shares of the company's stock worth $32,225,000 after acquiring an additional 122,094 shares in the last quarter. Legal & General Group Plc grew its holdings in Laureate Education by 4.2% during the 4th quarter. Legal & General Group Plc now owns 175,018 shares of the company's stock valued at $3,201,000 after purchasing an additional 6,974 shares in the last quarter. Finally, Renaissance Technologies LLC grew its holdings in Laureate Education by 2,702.0% during the 4th quarter. Renaissance Technologies LLC now owns 285,800 shares of the company's stock valued at $5,227,000 after purchasing an additional 275,600 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company's stock.

Laureate Education Stock Down 0.6%

LAUR traded down $0.15 during trading hours on Thursday, reaching $25.80. 912,759 shares of the stock traded hands, compared to its average volume of 875,284. The firm's fifty day simple moving average is $23.41 and its two-hundred day simple moving average is $21.39. The company has a market cap of $3.80 billion, a price-to-earnings ratio of 15.18 and a beta of 0.54. Laureate Education has a fifty-two week low of $14.45 and a fifty-two week high of $26.72. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.75 and a quick ratio of 0.75.

Laureate Education (NASDAQ:LAUR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.73 by $0.06. The business had revenue of $524.20 million during the quarter, compared to analyst estimates of $502.00 million. Laureate Education had a net margin of 16.41% and a return on equity of 29.46%. The business's revenue was up 5.0% on a year-over-year basis. During the same period last year, the business earned $0.65 EPS. As a group, analysts forecast that Laureate Education will post 1.51 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Wall Street Zen raised shares of Laureate Education from a "hold" rating to a "strong-buy" rating in a report on Saturday, August 2nd. BMO Capital Markets raised their price target on shares of Laureate Education from $23.00 to $24.00 and gave the company an "outperform" rating in a report on Monday, May 5th.

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.