27,807 Shares in Laureate Education (NASDAQ:LAUR) Acquired by GSA Capital Partners LLP

Key Points

• GSA Capital Partners LLP acquired 27,807 shares of Laureate Education during the 1st quarter, valued at approximately $569,000.
• Wall Street analysts are optimistic about Laureate Education, with BMO Capital Markets raising their price target from $23.00 to $24.00, while Wall Street Zen upgraded the stock from a "hold" to a "strong-buy" rating.
• Laureate Education reported an EPS of $0.79 for the last quarter, surpassing expectations of $0.73, with a revenue of $524.20 million compared to analyst projections of $502 million.

GSA Capital Partners LLP bought a new position in shares of Laureate Education (NASDAQ:LAUR - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 27,807 shares of the company's stock, valued at approximately $569,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Blue Trust Inc. bought a new position in Laureate Education during the first quarter worth $62,000. Avanza Fonder AB acquired a new position in Laureate Education during the first quarter worth about $93,000. CWM LLC grew its holdings in Laureate Education by 260.1% during the first 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 Laureate Education in the 1st quarter worth about $102,000. Finally, GAMMA Investing LLC boosted its position in Laureate Education by 1,875.1% during the 1st quarter. GAMMA Investing LLC now owns 6,340 shares of the company's stock worth $130,000 after acquiring an additional 6,019 shares during the period. Institutional investors and hedge funds own 96.27% of the company's stock.

Analysts Set New Price Targets

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

Laureate Education Trading Up 0.2%

Shares of Laureate Education stock traded up $0.05 on Thursday, hitting $24.52. 442,354 shares of the company's stock traded hands, compared to its average volume of 866,123. Laureate Education has a one year low of $14.30 and a one year high of $24.71. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.75 and a quick ratio of 0.75. The company has a fifty day moving average of $22.99 and a two-hundred day moving average of $21.09. The company has a market capitalization of $3.65 billion, a price-to-earnings ratio of 14.40 and a beta of 0.54.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, beating 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 company had revenue of $524.20 million for the quarter, compared to analyst estimates of $502.00 million. During the same quarter last year, the company earned $0.65 earnings per share. The company's revenue for the quarter was up 5.0% on a year-over-year basis. As a group, sell-side analysts expect that Laureate Education will post 1.51 earnings per share for the current 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.