Aberdeen Group plc Acquires Shares of 243,402 Laureate Education $LAUR

Key Points

• Aberdeen Group plc acquired a new stake in Laureate Education, purchasing 243,402 shares valued at approximately $5.63 million, increasing its ownership to 0.16% as of the latest filing with the SEC.
• Laureate Education's stock rating has seen some changes, with Zacks Research downgrading it from "strong-buy" to "hold," while UBS Group issued a "buy" rating with a target price of $35.00.
• The company reported a Q2 earnings per share of $0.79, exceeding analyst expectations, with a revenue of $524.20 million, marking a 5.0% increase compared to the prior year.

Aberdeen Group plc acquired a new stake in shares of Laureate Education (NASDAQ:LAUR - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 243,402 shares of the company's stock, valued at approximately $5,634,000. Aberdeen Group plc owned 0.16% of Laureate Education as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in LAUR. Blue Trust Inc. acquired a new stake in Laureate Education in the first quarter worth about $62,000. CWM LLC increased its position in Laureate Education by 260.1% in the first quarter. CWM LLC now owns 4,901 shares of the company's stock worth $100,000 after purchasing an additional 3,540 shares during the period. GAMMA Investing LLC increased its position in Laureate Education by 1,875.1% in the first quarter. GAMMA Investing LLC now owns 6,340 shares of the company's stock worth $130,000 after purchasing an additional 6,019 shares during the period. Avanza Fonder AB increased its position in Laureate Education by 54.8% in the second quarter. Avanza Fonder AB now owns 6,900 shares of the company's stock worth $161,000 after purchasing an additional 2,443 shares during the period. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Laureate Education in the second quarter worth about $178,000. 96.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

LAUR has been the subject of a number of research reports. Zacks Research lowered Laureate Education from a "strong-buy" rating to a "hold" rating in a research report on Monday, September 29th. UBS Group assumed coverage on Laureate Education in a research report on Friday, September 19th. They issued a "buy" rating and a $35.00 price objective for the company. Wall Street Zen lowered Laureate Education from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 20th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of Laureate Education in a research report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $29.50.

Laureate Education Trading Down 0.9%

Shares of Laureate Education stock opened at $29.35 on Friday. Laureate Education has a 12-month low of $15.15 and a 12-month high of $31.74. The stock has a market cap of $4.33 billion, a P/E ratio of 17.26 and a beta of 0.63. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.07. The business's 50 day moving average is $28.51 and its 200-day moving average is $24.24.

Laureate Education (NASDAQ:LAUR - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.06. Laureate Education had a return on equity of 29.46% and a net margin of 16.41%.The company had revenue of $524.20 million for the quarter, compared to analysts' expectations of $502.00 million. During the same quarter in the prior year, the business posted $0.65 EPS. The business's revenue was up 5.0% compared to the same quarter last year. Laureate Education has set its FY 2025 guidance at EPS. Equities research analysts predict that Laureate Education will post 1.51 earnings per share for the current fiscal year.

Laureate Education Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.