1,791,560 Shares in Laureate Education $LAUR Purchased by Nuveen LLC

Key Points

• Nuveen LLC has acquired a new stake in Laureate Education, buying 1,791,560 shares valued at approximately $36.6 million, representing 1.19% ownership of the company.
• Research firms have recently upgraded their ratings on Laureate Education, with BMO Capital Markets raising its target price from $23.00 to $24.00 and categorizing it as "outperform."
• Laureate Education reported strong quarterly earnings, with $0.79 earnings per share, surpassing analyst expectations and showing a 5% year-over-year revenue increase.

Nuveen LLC acquired a new stake in shares of Laureate Education (NASDAQ:LAUR - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,791,560 shares of the company's stock, valued at approximately $36,637,000. Nuveen LLC owned 1.19% of Laureate Education 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 company. Invesco Ltd. lifted its position in Laureate Education by 22.0% during the first quarter. Invesco Ltd. now owns 2,150,013 shares of the company's stock valued at $43,968,000 after buying an additional 388,143 shares during the period. Vanguard Group Inc. lifted its position in Laureate Education by 3.1% during the first quarter. Vanguard Group Inc. now owns 13,060,176 shares of the company's stock valued at $267,081,000 after buying an additional 387,567 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in Laureate Education during the first quarter valued at $580,000. Vestcor Inc purchased a new position in Laureate Education during the first quarter valued at $411,000. Finally, XTX Topco Ltd lifted its position in Laureate Education by 105.0% during the first quarter. XTX Topco Ltd now owns 22,952 shares of the company's stock valued at $469,000 after buying an additional 11,754 shares during the period. Hedge funds and other institutional investors own 96.27% of the company's stock.

Analyst Upgrades and Downgrades

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

Laureate Education Stock Up 1.1%

Shares of NASDAQ:LAUR traded up $0.29 on Thursday, hitting $26.35. 757,238 shares of the company traded hands, compared to its average volume of 941,415. Laureate Education has a 52 week low of $14.45 and a 52 week high of $26.72. 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 stock has a 50 day simple moving average of $23.82 and a 200-day simple moving average of $21.64. The company has a market cap of $3.88 billion, a PE ratio of 15.50 and a beta of 0.54.

Laureate Education (NASDAQ:LAUR - Get Free Report) last released 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. 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 during the quarter, compared to the consensus estimate of $502.00 million. During the same period last year, the company earned $0.65 EPS. Laureate Education's revenue for the quarter was up 5.0% on a year-over-year basis. Laureate Education has set its FY 2025 guidance at EPS. As a group, research analysts expect that Laureate Education will post 1.51 earnings per share 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.