Algert Global LLC Acquires 143,137 Shares of Laureate Education $LAUR

Key Points

• Algert Global LLC increased its stake in Laureate Education by 173.5% in the first quarter, owning approximately 225,647 shares valued at $4.61 million.
• Wall Street analysts have recently upgraded Laureate Education's rating, with BMO Capital Markets increasing its price target from $23.00 to $24.00.
• Laureate Education reported $0.79 EPS for the last quarter, surpassing analysts' expectations and demonstrating a year-over-year revenue growth of 5%.

Algert Global LLC lifted its stake in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 173.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 225,647 shares of the company's stock after buying an additional 143,137 shares during the period. Algert Global LLC owned about 0.15% of Laureate Education worth $4,614,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Blue Trust Inc. purchased a new position in shares of Laureate Education during the first quarter valued at approximately $62,000. Avanza Fonder AB purchased a new position in shares of Laureate Education during the first quarter valued at approximately $93,000. CWM LLC boosted its position in shares of 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 last quarter. FNY Investment Advisers LLC purchased a new position in shares of Laureate Education during the first quarter valued at approximately $102,000. Finally, GAMMA Investing LLC boosted its position in shares of 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 last quarter. Hedge funds and other institutional investors own 96.27% of the company's stock.

Wall Street Analyst Weigh In

LAUR has been the topic of several analyst reports. BMO Capital Markets lifted their target price 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 research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $24.00.

Laureate Education Stock Performance

Shares of NASDAQ:LAUR traded up $0.57 during midday trading on Friday, reaching $26.92. 1,032,443 shares of the company traded hands, compared to its average volume of 965,157. 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 has a 12 month low of $14.45 and a 12 month high of $26.93. The firm has a market capitalization of $3.97 billion, a price-to-earnings ratio of 15.84 and a beta of 0.54. The firm's fifty day moving average price is $23.92 and its two-hundred day moving average price is $21.72.

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 for the quarter, compared to analyst estimates of $502.00 million. During the same period in the previous year, the company posted $0.65 EPS. The firm's revenue for the quarter was up 5.0% compared to the same quarter last year. Laureate Education has set its FY 2025 guidance at EPS. On average, equities analysts expect 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.