Livforsakringsbolaget Skandia Omsesidigt Boosts Stake in Laureate Education $LAUR

Key Points

• Livforsakringsbolaget Skandia Omsesidigt increased its stake in Laureate Education by 147.2%, owning a total of 238,500 shares worth approximately $5.57 million after acquiring an additional 142,000 shares in the second quarter.
• Laureate Education reported $0.79 EPS for the latest quarter, exceeding analysts' expectations of $0.73, with revenues of $524.2 million, showing a 5% year-over-year growth.
• Laureate Education's stock received a rating upgrade from a "hold" to a "strong-buy" by Wall Street Zen, reflecting positive sentiment with a consensus price target of $24.00.

Livforsakringsbolaget Skandia Omsesidigt lifted its position in Laureate Education (NASDAQ:LAUR - Free Report) by 147.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 238,500 shares of the company's stock after acquiring an additional 142,000 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt owned 0.16% of Laureate Education worth $5,576,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Blue Trust Inc. bought a new stake in shares of Laureate Education in the 1st quarter worth about $62,000. Avanza Fonder AB bought a new stake in shares of Laureate Education in the 1st quarter worth about $93,000. CWM LLC lifted its holdings in shares of Laureate Education by 260.1% in the 1st quarter. CWM LLC now owns 4,901 shares of the company's stock worth $100,000 after acquiring an additional 3,540 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Laureate Education in the 1st quarter worth about $102,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Laureate Education by 1,875.1% in the 1st quarter. GAMMA Investing LLC now owns 6,340 shares of the company's stock worth $130,000 after acquiring an additional 6,019 shares during the last quarter. Institutional investors own 96.27% of the company's stock.

Analysts Set New Price Targets

LAUR has been the subject of several analyst reports. UBS Group initiated coverage on shares of Laureate Education in a report on Friday. They issued a "buy" rating and a $35.00 target price for the company. Wall Street Zen downgraded shares of Laureate Education from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $29.50.

Laureate Education Stock Up 0.6%

Shares of NASDAQ LAUR traded up $0.18 during trading hours on Tuesday, hitting $30.93. 219,660 shares of the stock were exchanged, compared to its average volume of 873,200. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.07. The company has a market cap of $4.56 billion, a PE ratio of 18.19 and a beta of 0.58. The firm has a fifty day moving average price of $26.08 and a 200-day moving average price of $22.98. Laureate Education has a 12 month low of $15.15 and a 12 month high of $30.99.

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