Hsbc Holdings PLC Has $1.33 Million Stock Position in Laureate Education $LAUR

Key Points

• Hsbc Holdings PLC increased its stake in Laureate Education by 44.3% in Q1, acquiring a total of 65,491 shares valued at approximately $1.3 million.
• Analysts have recently rated Laureate Education shares as a "strong-buy," with price targets raised to $24.00, reflecting positive sentiment in the market.
• Laureate Education reported $0.79 earnings per share in its last quarter, surpassing forecasts by $0.06 and showing a 5% increase in revenue year-over-year.

Hsbc Holdings PLC lifted its stake in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 44.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,491 shares of the company's stock after acquiring an additional 20,120 shares during the quarter. Hsbc Holdings PLC's holdings in Laureate Education were worth $1,327,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Blue Trust Inc. acquired a new stake in Laureate Education during the 1st quarter valued at $62,000. Avanza Fonder AB acquired a new position in Laureate Education during the first quarter valued at $93,000. CWM LLC raised its position in Laureate Education by 260.1% during the first quarter. CWM LLC now owns 4,901 shares of the company's stock valued at $100,000 after buying an additional 3,540 shares during the period. FNY Investment Advisers LLC acquired a new position in Laureate Education during the first quarter valued at $102,000. Finally, GAMMA Investing LLC raised its position in Laureate Education by 1,875.1% during the first quarter. GAMMA Investing LLC now owns 6,340 shares of the company's stock valued at $130,000 after buying an additional 6,019 shares during the period. 96.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Laureate Education from a "hold" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. One analyst has rated the stock with a Buy rating, According to MarketBeat, Laureate Education currently has an average rating of "Buy" and an average price target of $24.00.

Laureate Education Stock Down 0.1%

Shares of LAUR traded down $0.02 during mid-day trading on Wednesday, hitting $27.95. 902,881 shares of the company's stock were exchanged, compared to its average volume of 838,952. The firm has a fifty day moving average of $24.69 and a two-hundred day moving average of $22.12. Laureate Education has a twelve month low of $14.45 and a twelve month high of $28.16. The stock has a market cap of $4.12 billion, a price-to-earnings ratio of 16.44 and a beta of 0.58. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.07.

Laureate Education (NASDAQ:LAUR - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.73 by $0.06. Laureate Education had a net margin of 16.41% and a return on equity of 29.46%. The company had revenue of $524.20 million for the quarter, compared to analyst estimates of $502.00 million. During the same quarter in the prior year, the business posted $0.65 EPS. Laureate Education's quarterly revenue was up 5.0% on a year-over-year basis. Laureate Education has set its FY 2025 guidance at EPS. On average, sell-side analysts forecast that Laureate Education will post 1.51 earnings per share for the current 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.