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Engineers Gate Manager LP Has $1.41 Million Position in Laureate Education $LAUR

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Engineers Gate Manager LP lessened its stake in Laureate Education (NASDAQ:LAUR - Free Report) by 46.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,712 shares of the company's stock after selling 34,126 shares during the period. Engineers Gate Manager LP's holdings in Laureate Education were worth $1,406,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of LAUR. Geode Capital Management LLC raised its holdings in Laureate Education by 2.8% during the 4th quarter. Geode Capital Management LLC now owns 3,403,265 shares of the company's stock worth $114,605,000 after purchasing an additional 92,571 shares during the last quarter. William Blair Investment Management LLC grew its position in shares of Laureate Education by 52.6% during the 4th quarter. William Blair Investment Management LLC now owns 2,654,708 shares of the company's stock worth $89,384,000 after buying an additional 915,358 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Laureate Education by 39.8% during the first quarter. Bank of New York Mellon Corp now owns 1,155,090 shares of the company's stock worth $40,243,000 after buying an additional 328,609 shares during the last quarter. Neumeier Poma Investment Counsel LLC bought a new stake in shares of Laureate Education during the fourth quarter worth approximately $27,554,000. Finally, Renaissance Technologies LLC lifted its holdings in Laureate Education by 26.0% in the first quarter. Renaissance Technologies LLC now owns 751,400 shares of the company's stock valued at $26,179,000 after buying an additional 155,200 shares during the period. Institutional investors and hedge funds own 96.27% of the company's stock.

Laureate Education Trading Down 0.9%

LAUR opened at $35.88 on Friday. The firm's fifty day moving average is $37.36 and its two-hundred day moving average is $35.33. The firm has a market cap of $4.94 billion, a PE ratio of 16.09, a price-to-earnings-growth ratio of 1.14 and a beta of 0.38. Laureate Education has a twelve month low of $24.98 and a twelve month high of $40.92. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.71 and a current ratio of 0.71.

Laureate Education (NASDAQ:LAUR - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.04. The company had revenue of $615.90 million during the quarter, compared to analyst estimates of $607.56 million. Laureate Education had a net margin of 17.57% and a return on equity of 23.54%. The firm's revenue was up 17.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.79 EPS. Laureate Education has set its FY 2026 guidance at 2.040-2.100 EPS. Equities research analysts anticipate that Laureate Education will post 2.12 EPS for the current year.

Insider Activity at Laureate Education

In other news, Director Ian Snow sold 427,019 shares of the firm's stock in a transaction dated Wednesday, September 2nd. The stock was sold at an average price of $36.26, for a total transaction of $15,483,708.94. Following the sale, the director owned 1,646,324 shares of the company's stock, valued at $59,695,708.24. This trade represents a 20.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 521,229 shares of company stock worth $19,103,350 over the last quarter. Company insiders own 1.50% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on LAUR. Morgan Stanley cut shares of Laureate Education from an "equal weight" rating to an "underweight" rating and set a $34.50 price objective on the stock. in a research note on Monday, July 27th. Weiss Ratings upgraded shares of Laureate Education from a "buy (b+)" rating to a "buy (a-)" rating in a research report on Thursday, September 10th. Barrington Research assumed coverage on Laureate Education in a research note on Thursday, July 23rd. They issued an "outperform" rating and a $45.00 price target on the stock. Finally, JPMorgan Chase & Co. restated a "neutral" rating and issued a $41.00 price target on shares of Laureate Education in a research report on Monday, August 3rd. One 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 assigned a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $40.50.

View Our Latest Stock Analysis on Laureate Education

Laureate Education Profile

(Free Report)

Laureate Education, Inc is an international network of higher education institutions that provides undergraduate and graduate degree programs, professional education, and other learning services. Its institutions offer programs in fields such as business, engineering, health sciences, law, communications, and technology, through campus-based and digital learning formats.

The company primarily serves students in Mexico and Peru through well-known institutions including Universidad del Valle de México (UVM), Universidad Tecnológica de México (UNITEC), Universidad Peruana de Ciencias Aplicadas (UPC), Universidad Privada del Norte (UPN), and Cibertec.

See Also

Institutional Ownership by Quarter for Laureate Education (NASDAQ:LAUR)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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