First Sabrepoint Capital Management LP Decreases Stock Position in Laureate Education $LAUR

Key Points

• First Sabrepoint Capital Management LP has lowered its stake in Laureate Education by 14.9% in the 1st quarter, making it the fund's 3rd largest holding at 6.9% of its investment portfolio.
• Laureate Education's stock has experienced a slight decline of 0.3% and has a market capitalization of $4.05 billion, with a P/E ratio of 16.16.
• The company recently reported quarterly earnings of $0.79 EPS, exceeding expectations, with revenue growth of 5.0% compared to the same quarter last year.

First Sabrepoint Capital Management LP cut its holdings in Laureate Education (NASDAQ:LAUR - Free Report) by 14.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 915,000 shares of the company's stock after selling 160,000 shares during the period. Laureate Education comprises approximately 6.9% of First Sabrepoint Capital Management LP's portfolio, making the stock its 3rd biggest holding. First Sabrepoint Capital Management LP owned about 0.61% of Laureate Education worth $18,712,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of LAUR. Vanguard Group Inc. grew 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 buying an additional 387,567 shares during the period. Invesco Ltd. lifted its position in shares of Laureate Education by 22.0% during the 1st quarter. Invesco Ltd. now owns 2,150,013 shares of the company's stock valued at $43,968,000 after buying an additional 388,143 shares during the last quarter. Marathon Asset Management Ltd grew its stake in shares of Laureate Education by 6.6% during the 1st quarter. Marathon Asset Management Ltd now owns 1,816,234 shares of the company's stock worth $37,142,000 after acquiring an additional 112,492 shares during the period. Nuveen LLC purchased a new stake in Laureate Education in the 1st quarter worth about $36,637,000. Finally, Northern Trust Corp raised its stake in Laureate Education by 4.7% in the 4th quarter. Northern Trust Corp now owns 1,317,529 shares of the company's stock valued at $24,098,000 after acquiring an additional 58,811 shares during the period. 96.27% of the stock is currently owned by institutional investors.

Laureate Education Trading Down 0.1%

NASDAQ:LAUR traded down $0.02 during midday trading on Wednesday, reaching $27.95. 902,881 shares of the stock traded hands, compared to its average volume of 838,952. The stock has a market capitalization of $4.12 billion, a P/E ratio of 14.77 and a beta of 0.58. 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 company has a fifty day moving average of $24.69 and a 200 day moving average of $22.12. Laureate Education has a 12 month low of $14.45 and a 12 month high of $28.16.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued 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. The business had revenue of $524.20 million for the quarter, compared to the consensus estimate of $502.00 million. Laureate Education had a net margin of 16.41% and a return on equity of 29.46%. The company's quarterly revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.65 EPS. Laureate Education has set its FY 2025 guidance at EPS. On average, research analysts predict that Laureate Education will post 1.51 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, 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 equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Laureate Education presently has an average rating of "Buy" and an average price target of $24.00.

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.