Laureate Education $LAUR Shares Bought by Vanguard Group Inc.

Key Points

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Vanguard Group Inc. boosted its stake in Laureate Education (NASDAQ:LAUR - Free Report) by 3.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,060,176 shares of the company's stock after purchasing an additional 387,567 shares during the quarter. Vanguard Group Inc. owned about 8.66% of Laureate Education worth $267,081,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Blue Trust Inc. purchased a new position in Laureate Education in the first quarter valued at approximately $62,000. Avanza Fonder AB purchased a new position in shares of Laureate Education in the 1st quarter valued at $93,000. CWM LLC boosted its position in Laureate Education by 260.1% during the 1st quarter. CWM LLC now owns 4,901 shares of the company's stock worth $100,000 after purchasing an additional 3,540 shares during the period. FNY Investment Advisers LLC acquired a new stake in Laureate Education in the 1st quarter valued at $102,000. Finally, GAMMA Investing LLC raised its position in Laureate Education by 1,875.1% in the first quarter. GAMMA Investing LLC now owns 6,340 shares of the company's stock valued at $130,000 after purchasing an additional 6,019 shares during the period. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

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

Laureate Education Stock Up 1.1%

Shares of LAUR traded up $0.29 during midday trading on Thursday, hitting $26.35. The company had a trading volume of 757,238 shares, compared to its average volume of 868,450. The stock has a market cap of $3.88 billion, a price-to-earnings ratio of 15.50 and a beta of 0.54. The company's 50 day moving average price is $23.73 and its 200 day moving average price is $21.59. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.07. Laureate Education has a 52 week low of $14.45 and a 52 week high of $26.72.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, topping 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 business 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 firm earned $0.65 earnings per share. The company's revenue for the quarter was up 5.0% compared to the same quarter last year. Laureate Education has set its FY 2025 guidance at EPS. On average, equities research analysts predict 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.