Laureate Education $LAUR Holdings Boosted by Polaris Capital Management LLC

Key Points

• Polaris Capital Management LLC has increased its stake in Laureate Education by 18.5%, now owning 81,300 shares valued at approximately $1.9 million.
• Laureate Education reported earnings of $0.79 per share for the last quarter, exceeding analysts' expectations of $0.73, with a revenue of $524.2 million.
• Wall Street analysts have mixed ratings for Laureate Education, with a target price of $29.50 and some recommending a "buy" while others downgraded from "strong-buy" to "buy."

Polaris Capital Management LLC boosted its position in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 18.5% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 81,300 shares of the company's stock after purchasing an additional 12,700 shares during the period. Polaris Capital Management LLC owned 0.05% of Laureate Education worth $1,901,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of LAUR. GAMMA Investing LLC grew its holdings in shares of Laureate Education by 1,875.1% during the 1st quarter. GAMMA Investing LLC now owns 6,340 shares of the company's stock valued at $130,000 after acquiring an additional 6,019 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Laureate Education by 1.4% during the 1st quarter. Rhumbline Advisers now owns 196,303 shares of the company's stock valued at $4,014,000 after acquiring an additional 2,769 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt purchased a new position in shares of Laureate Education during the 1st quarter valued at $1,972,000. Avanza Fonder AB purchased a new position in shares of Laureate Education during the 1st quarter valued at $93,000. Finally, Assenagon Asset Management S.A. grew its holdings in shares of Laureate Education by 144.7% during the 1st quarter. Assenagon Asset Management S.A. now owns 355,513 shares of the company's stock valued at $7,270,000 after acquiring an additional 210,239 shares in the last quarter. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Laureate Education Stock Down 5.5%

Laureate Education stock opened at $29.49 on Friday. The firm has a market cap of $4.35 billion, a price-to-earnings ratio of 17.35 and a beta of 0.63. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.75 and a quick ratio of 0.75. Laureate Education has a fifty-two week low of $15.15 and a fifty-two week high of $31.74. The firm has a fifty day moving average price of $27.43 and a two-hundred day moving average price of $23.66.

Laureate Education (NASDAQ:LAUR - Get Free Report) last released its 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. The firm had revenue of $524.20 million during the quarter, compared to analyst estimates of $502.00 million. Laureate Education had a net margin of 16.41% and a return on equity of 29.46%. The business's revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 EPS. Laureate Education has set its FY 2025 guidance at EPS. As a group, analysts forecast that Laureate Education will post 1.51 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. UBS Group assumed coverage on shares of Laureate Education in a report on Friday, September 19th. They issued a "buy" rating and a $35.00 price objective for the company. Wall Street Zen cut shares of Laureate Education from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 20th. Weiss Ratings reiterated a "buy (b)" rating on shares of Laureate Education in a report on Saturday, September 27th. Finally, Zacks Research cut shares of Laureate Education from a "strong-buy" rating to a "hold" rating in a report on Monday, September 29th. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, Laureate Education currently has an average rating of "Moderate Buy" and an average target price of $29.50.

Laureate Education Company 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.

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