Dark Forest Capital Management LP Has $6.75 Million Position in Laureate Education $LAUR

Key Points

• Dark Forest Capital Management LP acquired an additional 302,535 shares of Laureate Education (NASDAQ: LAUR), increasing its total holdings by 1,099.1% to 330,060 shares, making the stock its 27th largest investment.
• Laureate Education reported a quarterly earnings per share of $0.79, exceeding analyst expectations of $0.73, and its revenue grew by 5.0% compared to the previous year, reaching $524.20 million.
• Analysts have a consensus rating of "Buy" for Laureate Education, with BMO Capital Markets raising the price target from $23.00 to $24.00.

Dark Forest Capital Management LP grew its position in Laureate Education (NASDAQ:LAUR - Free Report) by 1,099.1% in the first quarter, according to its most recent filing with the SEC. The fund owned 330,060 shares of the company's stock after acquiring an additional 302,535 shares during the period. Laureate Education accounts for approximately 0.3% of Dark Forest Capital Management LP's investment portfolio, making the stock its 27th biggest position. Dark Forest Capital Management LP owned 0.22% of Laureate Education worth $6,750,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of LAUR. Raymond James Financial Inc. bought a new position in shares of Laureate Education in the 4th quarter valued at $408,000. Mariner LLC lifted its stake in shares of Laureate Education by 3.3% in the 4th quarter. Mariner LLC now owns 16,933 shares of the company's stock valued at $310,000 after acquiring an additional 541 shares during the last quarter. Susquehanna International Group LLP grew its stake in shares of Laureate Education by 84.8% in the fourth quarter. Susquehanna International Group LLP now owns 172,313 shares of the company's stock worth $3,152,000 after purchasing an additional 79,051 shares during the last quarter. Northern Trust Corp grew its stake in shares of Laureate Education by 4.7% in the fourth quarter. Northern Trust Corp now owns 1,317,529 shares of the company's stock worth $24,098,000 after purchasing an additional 58,811 shares during the last quarter. Finally, Algert Global LLC bought a new stake in shares of Laureate Education in the fourth quarter worth $1,509,000. 96.27% of the stock is currently owned by institutional investors.

Laureate Education Trading Up 0.5%

Laureate Education stock traded up $0.13 during trading hours on Friday, reaching $27.85. 742,478 shares of the company's stock were exchanged, compared to its average volume of 808,270. 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 firm's 50 day simple moving average is $24.89 and its 200 day simple moving average is $22.22. Laureate Education has a twelve month low of $14.45 and a twelve month high of $28.16. The firm has a market capitalization of $4.10 billion, a PE ratio of 16.38 and a beta of 0.58.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.79 earnings per share 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 firm had revenue of $524.20 million during the quarter, compared to the consensus estimate of $502.00 million. During the same period last 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. Research analysts predict that Laureate Education will post 1.51 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, 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 data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $24.00.

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.