OMERS ADMINISTRATION Corp Invests $624,000 in Laureate Education $LAUR

Key Points

• OMERS ADMINISTRATION Corp acquired a new stake in Laureate Education, purchasing 30,500 shares valued at approximately $624,000.
• Other institutional investors, including CWM LLC and Assenagon Asset Management, significantly increased their positions in Laureate Education, highlighting strong interest among hedge funds.
• Laureate Education received a rating upgrade from hold to strong-buy by an analyst, with the stock currently having a target price of $24.00.

OMERS ADMINISTRATION Corp purchased a new position in shares of Laureate Education (NASDAQ:LAUR - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 30,500 shares of the company's stock, valued at approximately $624,000.

Several other institutional investors have also bought and sold shares of the stock. Ieq Capital LLC bought a new stake in Laureate Education during the first quarter worth $354,000. AlphaQuest LLC grew its holdings in Laureate Education by 249.7% during the first quarter. AlphaQuest LLC now owns 79,251 shares of the company's stock worth $1,621,000 after buying an additional 56,591 shares in the last quarter. Martingale Asset Management L P grew its holdings in Laureate Education by 32.0% during the first quarter. Martingale Asset Management L P now owns 174,495 shares of the company's stock worth $3,568,000 after buying an additional 42,325 shares in the last quarter. Candriam S.C.A. bought a new stake in Laureate Education during the first quarter worth $4,069,000. Finally, Credit Agricole S A grew its stake in Laureate Education by 156.9% in the 1st quarter. Credit Agricole S A now owns 125,751 shares of the company's stock valued at $2,572,000 after purchasing an additional 76,806 shares during the period. Institutional investors own 96.27% of the company's stock.

Laureate Education Stock Performance

NASDAQ:LAUR traded up $0.13 during trading on Friday, reaching $27.85. The company's stock had a trading volume of 742,478 shares, compared to its average volume of 808,270. The firm has a market cap of $4.10 billion, a price-to-earnings ratio of 16.38 and a beta of 0.58. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.75 and a current ratio of 0.75. The firm has a 50 day moving average of $24.89 and a 200-day moving average of $22.22. Laureate Education has a 12 month low of $14.45 and a 12 month high of $28.16.

Laureate Education (NASDAQ:LAUR - Get Free Report) last announced 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. The firm had revenue of $524.20 million during the quarter, compared to the consensus estimate of $502.00 million. Laureate Education had a return on equity of 29.46% and a net margin of 16.41%.The business's revenue for the quarter was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.65 EPS. Laureate Education has set its FY 2025 guidance at EPS. Research analysts expect that Laureate Education will post 1.51 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Laureate Education from a "hold" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Laureate Education currently has an average rating of "Buy" and an average price target of $24.00.

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.