Caisse Des Depots ET Consignations Has $1.62 Million Position in Laureate Education (NASDAQ:LAUR)

Key Points

• Caisse Des Depots ET Consignations reduced its stake in Laureate Education by 21.9%, selling 22,177 shares to hold 79,172 shares worth approximately $1.62 million.
• Multiple institutional investors, including Vanguard Group and Marathon Asset Management, have recently increased their holdings in Laureate Education, indicating strong institutional interest in the stock.
• Analysts have raised their ratings for Laureate Education, with Wall Street Zen upgrading the stock to a "strong-buy" and BMO Capital Markets increasing the price target from $23.00 to $24.00.

Caisse Des Depots ET Consignations trimmed its position in Laureate Education (NASDAQ:LAUR - Free Report) by 21.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,172 shares of the company's stock after selling 22,177 shares during the period. Caisse Des Depots ET Consignations owned approximately 0.05% of Laureate Education worth $1,619,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in LAUR. Blue Trust Inc. acquired a new position in Laureate Education during the first quarter worth about $62,000. Avanza Fonder AB acquired a new stake in Laureate Education during the 1st quarter worth $93,000. CWM LLC lifted 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 worth $100,000 after acquiring an additional 3,540 shares during the period. FNY Investment Advisers LLC purchased a new position in shares of Laureate Education in the 1st quarter valued at about $102,000. Finally, GAMMA Investing LLC grew its holdings in shares of Laureate Education by 1,875.1% during the first quarter. GAMMA Investing LLC now owns 6,340 shares of the company's stock worth $130,000 after buying an additional 6,019 shares in the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Laureate Education Stock Up 2.8%

Shares of NASDAQ LAUR traded up $0.72 during mid-day trading on Tuesday, reaching $26.34. The company had a trading volume of 299,409 shares, compared to its average volume of 866,023. The stock has a fifty day moving average of $23.19 and a two-hundred day moving average of $21.27. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.75 and a current ratio of 0.75. The company has a market capitalization of $3.88 billion, a price-to-earnings ratio of 15.51 and a beta of 0.54. Laureate Education has a 12-month low of $14.45 and a 12-month high of $26.33.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.06. The firm had revenue of $524.20 million for 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 company's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.65 earnings per share. As a group, equities research analysts expect that Laureate Education will post 1.51 EPS for the current year.

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.