XTX Topco Ltd Boosts Stock Position in Laureate Education (NASDAQ:LAUR)

Key Points

• XTX Topco Ltd increased its stake in Laureate Education by 105.0% during the first quarter, bringing its holdings to $469,000 as of its most recent SEC filing.
• Laureate Education reported an EPS of $0.79 for the last quarter, exceeding analysts' expectations of $0.73, with a revenue of $524.20 million.
• Wall Street analysts have upgraded Laureate Education's rating from "hold" to "strong-buy," indicating growing optimism about the company's future performance.

XTX Topco Ltd raised its holdings in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 105.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,952 shares of the company's stock after buying an additional 11,754 shares during the period. XTX Topco Ltd's holdings in Laureate Education were worth $469,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in LAUR. Blue Trust Inc. purchased a new stake in Laureate Education during the first quarter valued at about $62,000. Avanza Fonder AB purchased a new position in Laureate Education in the 1st quarter worth approximately $93,000. CWM LLC increased its stake in Laureate Education by 260.1% in 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 purchased a new position in Laureate Education in the 1st quarter worth approximately $102,000. Finally, GAMMA Investing LLC increased its stake in Laureate Education by 1,875.1% in the 1st quarter. GAMMA Investing LLC now owns 6,340 shares of the company's stock worth $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.

Laureate Education Trading Up 1.4%

Shares of Laureate Education stock traded up $0.36 during trading on Tuesday, reaching $25.98. 126,733 shares of the stock were exchanged, compared to its average volume of 865,021. 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's fifty day moving average is $23.19 and its 200 day moving average is $21.27. The firm has a market cap of $3.83 billion, a price-to-earnings ratio of 15.27 and a beta of 0.54. Laureate Education has a 1 year low of $14.45 and a 1 year high of $25.88.

Laureate Education (NASDAQ:LAUR - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, topping analysts' consensus estimates of $0.73 by $0.06. The company had revenue of $524.20 million during the quarter, compared to analyst estimates of $502.00 million. Laureate Education had a net margin of 16.41% and a return on equity of 29.46%. Laureate Education's revenue for the quarter was up 5.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.65 earnings per share. As a group, equities research analysts expect that Laureate Education will post 1.51 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

LAUR has been the topic of a number of analyst reports. 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 lifted their price target on Laureate Education from $23.00 to $24.00 and gave the stock an "outperform" rating in a research note on Monday, May 5th.

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.