Credit Agricole S A Has $2.57 Million Holdings in Laureate Education $LAUR

Key Points

• Credit Agricole S A significantly increased its stake in Laureate Education by 156.9%, owning 125,751 shares valued at approximately $2.57 million as of the end of Q1.
• Laureate Education's stock has received a "strong-buy" rating upgrade from Wall Street Zen, with a consensus target price rising to $24.00 as analysts view the company positively.
• The company reported a 5% increase in revenue year-over-year, with earnings per share at $0.79, exceeding analyst expectations of $0.73 for the most recent quarter.

Credit Agricole S A boosted its stake in Laureate Education (NASDAQ:LAUR - Free Report) by 156.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 125,751 shares of the company's stock after purchasing an additional 76,806 shares during the period. Credit Agricole S A owned about 0.08% of Laureate Education worth $2,572,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Laureate Education by 3.1% in the 1st 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 lifted its stake in Laureate Education by 1.2% in the 4th 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. Invesco Ltd. lifted its stake in Laureate Education by 22.0% in the 1st quarter. Invesco Ltd. now owns 2,150,013 shares of the company's stock valued at $43,968,000 after purchasing an additional 388,143 shares during the last quarter. Marathon Asset Management Ltd lifted its stake in Laureate Education by 6.6% in the 1st 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. Finally, Nuveen LLC bought a new position in Laureate Education in the 1st quarter valued at approximately $36,637,000. Institutional investors own 96.27% of the company's stock.

Laureate Education Trading Down 0.4%

Shares of LAUR stock traded down $0.12 during trading hours on Friday, hitting $27.44. 113,599 shares of the company's stock traded hands, compared to its average volume of 861,738. The stock's 50 day simple moving average is $24.30 and its 200 day simple moving average is $21.90. The stock has a market cap of $4.04 billion, a PE ratio of 16.15 and a beta of 0.54. Laureate Education has a 12 month low of $14.45 and a 12 month high of $27.63. 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 released its quarterly earnings results on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.06. The firm had revenue of $524.20 million during 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 revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.65 earnings per share. Laureate Education has set its FY 2025 guidance at EPS. On average, sell-side analysts anticipate that Laureate Education will post 1.51 EPS for the current year.

Wall Street Analysts Forecast Growth

LAUR has been the subject of several research reports. BMO Capital Markets increased their price objective on shares of Laureate Education from $23.00 to $24.00 and gave the company an "outperform" rating in a research note on Monday, May 5th. Wall Street Zen raised shares of Laureate Education from a "hold" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Laureate Education has a consensus rating of "Buy" and an average target price of $24.00.

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.