XTX Topco Ltd Has $469,000 Stock Holdings 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 grew its position in Laureate Education (NASDAQ:LAUR - Free Report) by 105.0% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 22,952 shares of the company's stock after purchasing an additional 11,754 shares during the period. XTX Topco Ltd's holdings in Laureate Education were worth $469,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. GSA Capital Partners LLP acquired a new stake in shares of Laureate Education in the 1st quarter valued at $569,000. Fiera Capital Corp lifted its position in Laureate Education by 43.4% during the 1st quarter. Fiera Capital Corp now owns 935,239 shares of the company's stock worth $19,126,000 after buying an additional 282,901 shares in the last quarter. Mackenzie Financial Corp lifted its position in Laureate Education by 2.8% during the 1st quarter. Mackenzie Financial Corp now owns 23,513 shares of the company's stock worth $481,000 after buying an additional 631 shares in the last quarter. RWC Asset Management LLP acquired a new position in Laureate Education during the 1st quarter worth about $5,295,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Laureate Education by 14.2% during the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 42,919 shares of the company's stock worth $878,000 after buying an additional 5,328 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company's stock.

Laureate Education Stock Performance

Shares of LAUR stock opened at $24.74 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.75 and a quick ratio of 0.75. The stock has a market cap of $3.68 billion, a PE ratio of 14.55 and a beta of 0.54. The stock has a 50-day moving average of $23.08 and a 200-day moving average of $21.15. Laureate Education has a one year low of $14.30 and a one year high of $24.79.

Laureate Education (NASDAQ:LAUR - Get Free Report) last announced its quarterly 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 company had revenue of $524.20 million during 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%. Laureate Education's revenue was up 5.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.65 EPS. As a group, sell-side analysts expect that Laureate Education will post 1.51 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Wall Street Zen raised Laureate Education from a "hold" rating to a "strong-buy" rating in a report 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 report on Monday, May 5th.

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.

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