Laureate Education $LAUR Shares Sold by Corsair Capital Management L.P.

Key Points

• Corsair Capital Management L.P. sold 32,775 shares of Laureate Education, reducing its holdings by 1.7%, and now owns approximately 1.27% of the company.
• Vanguard Group Inc. and Invesco Ltd. have increased their holdings in Laureate Education by 3.1% and 22.0% respectively, highlighting strong interest from institutional investors, who own 96.27% of the stock.
• Laureate Education's recent earnings report exceeded expectations, with a quarterly EPS of $0.79 compared to an estimated $0.73, and a year-over-year revenue increase of 5.0% to $524.20 million.

Corsair Capital Management L.P. lowered its holdings in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 1.7% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,916,104 shares of the company's stock after selling 32,775 shares during the period. Laureate Education comprises about 10.1% of Corsair Capital Management L.P.'s portfolio, making the stock its 3rd biggest holding. Corsair Capital Management L.P. owned about 1.27% of Laureate Education worth $39,184,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Laureate Education by 3.1% in the 1st quarter. Vanguard Group Inc. now owns 13,060,176 shares of the company's stock worth $267,081,000 after purchasing an additional 387,567 shares in the last quarter. Invesco Ltd. increased its holdings in Laureate Education by 22.0% in the 1st quarter. Invesco Ltd. now owns 2,150,013 shares of the company's stock worth $43,968,000 after purchasing an additional 388,143 shares in the last quarter. Marathon Asset Management Ltd increased its holdings 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 worth $37,142,000 after purchasing an additional 112,492 shares in the last quarter. Nuveen LLC acquired a new position in Laureate Education in the 1st quarter worth about $36,637,000. Finally, Price T Rowe Associates Inc. MD increased its holdings in Laureate Education by 18.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,663,351 shares of the company's stock worth $30,424,000 after purchasing an additional 263,418 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on LAUR. BMO Capital Markets upped their target price on Laureate Education from $23.00 to $24.00 and gave the stock an "outperform" rating in a report on Monday, May 5th. Wall Street Zen raised Laureate Education from a "hold" rating to a "strong-buy" rating in a report on Saturday, August 2nd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $24.00.

Laureate Education Trading Up 0.8%

NASDAQ LAUR opened at $27.55 on Friday. The business's 50-day moving average price is $24.30 and its two-hundred day moving average price is $21.90. Laureate Education has a 12 month low of $14.45 and a 12 month high of $27.63. The firm has a market capitalization of $4.06 billion, a PE ratio of 16.21 and a beta of 0.54. The company has a current ratio of 0.75, a quick 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 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 firm had revenue of $524.20 million for the quarter, compared to analyst estimates of $502.00 million. During the same quarter in the previous year, the company posted $0.65 EPS. The business's revenue was up 5.0% on a year-over-year basis. Laureate Education has set its FY 2025 guidance at EPS. On average, analysts expect that Laureate Education will post 1.51 EPS for the current year.

Laureate Education 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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