American Century Companies Inc. Boosts Stock Holdings in Laureate Education $LAUR

Key Points

• American Century Companies Inc. increased its stake in Laureate Education by 3.9% to a total of 367,368 shares, valued at approximately $7.51 million.
• Laureate Education reported a quarterly EPS of $0.79, exceeding analysts' expectations of $0.73, and had revenue of $524.20 million.
• Analysts have a consensus rating of "Buy" for Laureate Education with a price target set at $24.00, raised by firms such as BMO Capital Markets.

American Century Companies Inc. increased its holdings in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 3.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 367,368 shares of the company's stock after buying an additional 13,620 shares during the period. American Century Companies Inc. owned about 0.24% of Laureate Education worth $7,513,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. acquired a new stake in Laureate Education during the 1st quarter worth approximately $62,000. Avanza Fonder AB acquired a new position in shares of Laureate Education in the 1st quarter worth approximately $93,000. CWM LLC boosted its stake in shares of Laureate Education by 260.1% in the 1st quarter. CWM LLC now owns 4,901 shares of the company's stock valued at $100,000 after purchasing an additional 3,540 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Laureate Education in the 1st quarter valued at $102,000. Finally, GAMMA Investing LLC boosted its stake in shares of Laureate Education by 1,875.1% in the 1st quarter. GAMMA Investing LLC now owns 6,340 shares of the company's stock valued at $130,000 after purchasing an additional 6,019 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. BMO Capital Markets upped their price objective on shares of Laureate Education from $23.00 to $24.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Wall Street Zen raised shares of Laureate Education from a "hold" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $24.00.

Laureate Education Stock Up 1.8%

Shares of Laureate Education stock traded up $0.49 during trading on Tuesday, reaching $27.97. 1,080,074 shares of the company traded hands, compared to its average volume of 838,952. 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 has a 1-year low of $14.45 and a 1-year high of $28.04. The company has a 50 day moving average price of $24.59 and a 200-day moving average price of $22.08. The firm has a market capitalization of $4.12 billion, a PE ratio of 16.45 and a beta of 0.58.

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

Laureate Education Company 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.