Laureate Education $LAUR Stock Position Trimmed by Deutsche Bank AG

Key Points

• Deutsche Bank AG reduced its stake in Laureate Education by 19.1% during the first quarter, owning 659,140 shares worth approximately $13.48 million as of its latest SEC filing.
• Laureate Education's stock recently traded at $25.91, with a 12-month trading range of $14.45 to $26.72, indicating a solid performance over the past year.
• Analysts have upgraded Laureate Education, with Wall Street Zen raising its rating from "hold" to "strong-buy" and BMO Capital Markets increasing its price target from $23.00 to $24.00.

Deutsche Bank AG trimmed its position in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 19.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 659,140 shares of the company's stock after selling 155,635 shares during the period. Deutsche Bank AG owned approximately 0.44% of Laureate Education worth $13,479,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in LAUR. Vanguard Group Inc. grew its holdings in Laureate Education by 3.1% during the 1st quarter. Vanguard Group Inc. now owns 13,060,176 shares of the company's stock valued at $267,081,000 after purchasing an additional 387,567 shares in the last quarter. Fiera Capital Corp grew its holdings in Laureate Education by 43.4% during the 1st quarter. Fiera Capital Corp now owns 935,239 shares of the company's stock worth $19,126,000 after acquiring an additional 282,901 shares in the last quarter. Renaissance Technologies LLC grew its holdings in Laureate Education by 2,702.0% during the 4th quarter. Renaissance Technologies LLC now owns 285,800 shares of the company's stock worth $5,227,000 after acquiring an additional 275,600 shares in the last quarter. Price T Rowe Associates Inc. MD grew its holdings in Laureate Education by 18.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,663,351 shares of the company's stock worth $30,424,000 after acquiring an additional 263,418 shares in the last quarter. Finally, RWC Asset Management LLP acquired a new position in Laureate Education during the 1st quarter worth $5,295,000. 96.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Laureate Education Stock Performance

Shares of NASDAQ LAUR traded up $0.08 during midday trading on Tuesday, hitting $26.18. The company's stock had a trading volume of 80,323 shares, compared to its average volume of 867,942. Laureate Education has a 1-year low of $14.45 and a 1-year high of $26.72. The firm's fifty day moving average price is $23.56 and its 200-day moving average price is $21.53. 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 firm has a market cap of $3.86 billion, a P/E ratio of 15.40 and a beta of 0.54.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.73 by $0.06. Laureate Education had a net margin of 16.41% and a return on equity of 29.46%. The business had revenue of $524.20 million during the quarter, compared to analyst estimates of $502.00 million. During the same period in the previous year, the business posted $0.65 EPS. The company's quarterly revenue was up 5.0% on a year-over-year basis. Laureate Education has set its FY 2025 guidance at EPS. On average, sell-side analysts forecast that Laureate Education will post 1.51 EPS for the current fiscal year.

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.