Assenagon Asset Management S.A. Sells 108,313 Shares of Laureate Education $LAUR

Assenagon Asset Management S.A. trimmed its holdings in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 43.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 138,279 shares of the company's stock after selling 108,313 shares during the period. Assenagon Asset Management S.A. owned about 0.10% of Laureate Education worth $5,277,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Ninety One UK Ltd raised its stake in Laureate Education by 34.5% in the 3rd quarter. Ninety One UK Ltd now owns 3,842,476 shares of the company's stock valued at $146,629,000 after purchasing an additional 984,671 shares during the last quarter. Ninety One North America Inc. grew its holdings in shares of Laureate Education by 1.5% during the third quarter. Ninety One North America Inc. now owns 964,909 shares of the company's stock worth $36,821,000 after buying an additional 14,717 shares in the last quarter. Perpetual Ltd raised its position in shares of Laureate Education by 17.5% in the third quarter. Perpetual Ltd now owns 147,121 shares of the company's stock valued at $5,614,000 after buying an additional 21,872 shares during the last quarter. GAMMA Investing LLC raised its position in shares of Laureate Education by 33.4% in the third quarter. GAMMA Investing LLC now owns 1,123 shares of the company's stock valued at $43,000 after buying an additional 281 shares during the last quarter. Finally, Archford Capital Strategies LLC lifted its stake in shares of Laureate Education by 4.8% during the 2nd quarter. Archford Capital Strategies LLC now owns 33,999 shares of the company's stock worth $1,235,000 after purchasing an additional 1,567 shares during the period. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Laureate Education Stock Down 0.9%

Shares of NASDAQ:LAUR opened at $38.96 on Wednesday. The firm has a market cap of $5.37 billion, a PE ratio of 17.47, a price-to-earnings-growth ratio of 1.23 and a beta of 0.41. The company has a fifty day simple moving average of $37.64 and a 200 day simple moving average of $36.05. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.14. Laureate Education has a 12-month low of $24.98 and a 12-month high of $40.92.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $1.00 EPS for the quarter, topping the consensus estimate of $0.96 by $0.04. Laureate Education had a net margin of 17.57% and a return on equity of 23.54%. The business had revenue of $615.90 million for the quarter, compared to analysts' expectations of $607.56 million. During the same quarter last year, the company posted $0.79 earnings per share. The company's quarterly revenue was up 17.5% compared to the same quarter last year. Laureate Education has set its FY 2026 guidance at 2.040-2.100 EPS. On average, equities research analysts anticipate that Laureate Education will post 2.13 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on the company. Morgan Stanley lifted their price target on Laureate Education from $34.50 to $36.50 and gave the company an "underweight" rating in a report on Thursday, October 15th. Barrington Research started coverage on shares of Laureate Education in a research note on Thursday, July 23rd. They set an "outperform" rating and a $45.00 price objective for the company. Weiss Ratings raised shares of Laureate Education from a "buy (b+)" rating to a "buy (a)" rating in a research note on Tuesday, October 13th. Finally, JPMorgan Chase & Co. reissued a "neutral" rating and set a $41.00 price target on shares of Laureate Education in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $40.90.

Insider Buying and Selling at Laureate Education

In other news, Director Ian Snow sold 427,019 shares of the business's stock in a transaction that occurred on Wednesday, September 2nd. The stock was sold at an average price of $36.26, for a total value of $15,483,708.94. Following the completion of the sale, the director directly owned 1,646,324 shares in the company, valued at approximately $59,695,708.24. The trade was a 20.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders sold 521,229 shares of company stock valued at $19,103,350. 1.50% of the stock is currently owned by insiders.

Laureate Education Company Profile

Laureate Education, Inc is a higher education company that operates a network of universities and other learning institutions. Its institutions provide undergraduate and graduate degree programs, professional education, and online and hybrid learning options across fields such as business, health sciences, engineering, technology, and the social sciences.

The company currently serves students primarily in Mexico and Peru. Its Mexican institutions include Universidad del Valle de México (UVM) and Universidad Tecnológica de México (UNITEC), while its Peruvian institutions include Universidad Peruana de Ciencias Aplicadas (UPC) and Universidad Privada del Norte (UPN).

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