Laureate Education $LAUR Shares Acquired by Vanguard Group Inc.

Key Points

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

Other institutional investors have also modified their holdings of the company. CWM LLC raised its stake in shares of Laureate Education by 260.1% during the 1st quarter. CWM LLC now owns 4,901 shares of the company's stock valued at $100,000 after buying an additional 3,540 shares during the last quarter. Assenagon Asset Management S.A. boosted its position in Laureate Education by 144.7% during the first quarter. Assenagon Asset Management S.A. now owns 355,513 shares of the company's stock worth $7,270,000 after purchasing an additional 210,239 shares in the last quarter. Cerity Partners LLC boosted its position in Laureate Education by 43.3% during the first quarter. Cerity Partners LLC now owns 25,838 shares of the company's stock worth $528,000 after purchasing an additional 7,813 shares in the last quarter. Northern Trust Corp boosted its position in Laureate Education by 4.7% during the fourth quarter. Northern Trust Corp now owns 1,317,529 shares of the company's stock worth $24,098,000 after purchasing an additional 58,811 shares in the last quarter. Finally, Fiera Capital Corp boosted its position in Laureate Education by 43.4% during the first quarter. Fiera Capital Corp now owns 935,239 shares of the company's stock worth $19,126,000 after purchasing an additional 282,901 shares in the last quarter. Hedge funds and other institutional investors own 96.27% of the company's stock.

Laureate Education Price Performance

LAUR stock traded up $0.57 during trading on Friday, hitting $26.92. The stock had a trading volume of 1,032,443 shares, compared to its average volume of 947,449. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.75 and a quick ratio of 0.75. Laureate Education has a twelve month low of $14.45 and a twelve month high of $26.93. The stock has a market capitalization of $3.97 billion, a P/E ratio of 15.84 and a beta of 0.54. The company's 50-day moving average price is $23.92 and its two-hundred day moving average price is $21.71.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.79 earnings per share (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 for the quarter, compared to analysts' expectations of $502.00 million. During the same period in the previous year, the firm posted $0.65 EPS. Laureate Education's revenue was up 5.0% compared to the same quarter last year. Laureate Education has set its FY 2025 guidance at EPS. As a group, research analysts predict that Laureate Education will post 1.51 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have issued reports on LAUR. BMO Capital Markets increased 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 upgraded Laureate Education from a "hold" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $24.00.

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.