State of Wyoming Boosts Stake in Laureate Education $LAUR

Key Points

• The State of Wyoming significantly increased its stake in Laureate Education by 98.1%, holding 33,755 shares valued at approximately $690,000.
• Equities research analysts have upgraded Laureate Education's stock, with Wall Street Zen changing its rating from "hold" to "strong-buy" and BMO Capital Markets raising the price target to $24.00.
• Laureate Education reported earnings of $0.79 EPS, exceeding analysts' expectations and showing a year-over-year revenue increase of 5.0%, totaling $524.20 million.

State of Wyoming increased its position in Laureate Education (NASDAQ:LAUR - Free Report) by 98.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 33,755 shares of the company's stock after buying an additional 16,717 shares during the period. State of Wyoming's holdings in Laureate Education were worth $690,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in LAUR. Blue Trust Inc. bought a new stake in Laureate Education during the first quarter worth approximately $62,000. Avanza Fonder AB bought a new stake in Laureate Education during the first quarter worth approximately $93,000. CWM LLC increased its stake in Laureate Education by 260.1% during the first 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 Laureate Education during the first quarter worth approximately $102,000. Finally, GAMMA Investing LLC increased its stake in Laureate Education by 1,875.1% during the first 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. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

Laureate Education Trading Down 0.3%

LAUR opened at $27.48 on Friday. The stock has a market cap of $4.05 billion, a price-to-earnings ratio of 16.16 and a beta of 0.54. The stock's 50 day moving average price is $24.40 and its 200-day moving average price is $21.96. Laureate Education has a one year low of $14.45 and a one year high of $27.63. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.75 and a current ratio of 0.75.

Laureate Education (NASDAQ:LAUR - Get Free Report) last released its 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. The firm had revenue of $524.20 million for the quarter, compared to analysts' expectations of $502.00 million. Laureate Education had a return on equity of 29.46% and a net margin of 16.41%.The company's quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.65 earnings per share. Laureate Education has set its FY 2025 guidance at EPS. On average, equities analysts forecast that Laureate Education will post 1.51 EPS for the current year.

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.

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