Counterpoint Mutual Funds LLC Invests $1.94 Million in Laureate Education $LAUR

Key Points

• Counterpoint Mutual Funds LLC has invested approximately $1.94 million in Laureate Education, acquiring 82,889 shares in the second quarter.
• Laureate Education has received a buy rating from UBS Group with a price target of $35.00, while the average rating remains a buy with a price target of $29.50.
• The company reported $0.79 EPS for the last quarter, exceeding expectations and marking a 5.0% increase in revenue year-over-year.

Counterpoint Mutual Funds LLC purchased a new position in shares of Laureate Education (NASDAQ:LAUR - Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 82,889 shares of the company's stock, valued at approximately $1,938,000. Counterpoint Mutual Funds LLC owned 0.06% of Laureate Education as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Blue Trust Inc. acquired a new position in shares of Laureate Education during the 1st quarter worth $62,000. Avanza Fonder AB acquired a new position in shares of Laureate Education during the 1st quarter worth $93,000. CWM LLC grew its stake in shares of Laureate Education by 260.1% during the 1st 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. FNY Investment Advisers LLC acquired a new position in shares of Laureate Education during the 1st quarter worth $102,000. Finally, GAMMA Investing LLC boosted its position 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 worth $130,000 after buying an additional 6,019 shares in the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on LAUR shares. UBS Group started coverage on shares of Laureate Education in a research report on Friday. They issued a "buy" rating and a $35.00 price objective on the stock. Wall Street Zen lowered shares of Laureate Education from a "strong-buy" rating to a "buy" rating in a report on Saturday. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $29.50.

Laureate Education Stock Up 2.9%

LAUR opened at $30.75 on Tuesday. The firm has a 50 day moving average price of $26.08 and a 200 day moving average price of $22.98. The company has a market cap of $4.53 billion, a PE ratio of 18.09 and a beta of 0.58. Laureate Education has a 1 year low of $15.15 and a 1 year high of $30.82. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.75 and a current ratio of 0.75.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its earnings results 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. The firm had revenue of $524.20 million during the quarter, compared to the consensus estimate 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 was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.65 EPS. Laureate Education has set its FY 2025 guidance at EPS. Sell-side analysts expect that Laureate Education will post 1.51 earnings per share for the current 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.

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.