Invesco Ltd. Has $43.97 Million Position in Laureate Education $LAUR

Key Points

• Invesco Ltd. has increased its stake in Laureate Education by 22.0%, owning approximately $44 million worth of shares following the purchase of over 388,000 additional shares in the first quarter.
• Wall Street analysts have upgraded their outlook on Laureate Education, with BMO Capital Markets raising the price target to $24.00 and Wall Street Zen changing its rating to "strong-buy".
• Laureate Education reported a better-than-expected earnings result, with an EPS of $0.79, exceeding analyst estimates, and a year-over-year revenue growth of 5.0%.

Invesco Ltd. increased its position in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 22.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,150,013 shares of the company's stock after buying an additional 388,143 shares during the quarter. Invesco Ltd. owned 1.43% of Laureate Education worth $43,968,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its position in Laureate Education by 3.1% during the first 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 during the last quarter. Dimensional Fund Advisors LP boosted its position in Laureate Education by 1.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,090,486 shares of the company's stock valued at $129,683,000 after purchasing an additional 87,267 shares during the last quarter. Marathon Asset Management Ltd boosted its position in Laureate Education by 6.6% during the first quarter. Marathon Asset Management Ltd now owns 1,816,234 shares of the company's stock valued at $37,142,000 after purchasing an additional 112,492 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Laureate Education by 18.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,663,351 shares of the company's stock valued at $30,424,000 after purchasing an additional 263,418 shares during the last quarter. Finally, Northern Trust Corp boosted its position in Laureate Education by 4.7% during the fourth quarter. Northern Trust Corp now owns 1,317,529 shares of the company's stock valued at $24,098,000 after purchasing an additional 58,811 shares during the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

Laureate Education Stock Performance

Shares of LAUR traded up $0.5050 during mid-day trading on Friday, reaching $26.8550. The company's stock had a trading volume of 235,146 shares, compared to its average volume of 864,114. Laureate Education has a 1-year low of $14.45 and a 1-year high of $26.87. The stock has a market cap of $3.96 billion, a P/E ratio of 15.78 and a beta of 0.54. The business has a 50-day simple moving average of $23.82 and a two-hundred day simple moving average of $21.64. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.07.

Laureate Education (NASDAQ:LAUR - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) 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 during the quarter, compared to analysts' expectations of $502.00 million. During the same period last year, the firm posted $0.65 earnings per share. The business's revenue was up 5.0% on a year-over-year basis. Laureate Education has set its FY 2025 guidance at EPS. As a group, equities research analysts anticipate that Laureate Education will post 1.51 earnings per share for the current fiscal year.

About Laureate Education

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.