Northern Trust Corp Has $26.24 Million Stock Holdings in Laureate Education $LAUR

Northern Trust Corp cut its position in shares of Laureate Education (NASDAQ:LAUR) by 2.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,283,197 shares of the company’s stock after selling 34,332 shares during the period. Northern Trust Corp owned 0.85% of Laureate Education worth $26,241,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of LAUR. Blue Trust Inc. acquired a new position in shares of Laureate Education during the 1st quarter worth about $62,000. Avanza Fonder AB acquired a new position in Laureate Education in the 1st quarter valued at about $93,000. CWM LLC grew its stake in Laureate Education by 260.1% in 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. FNY Investment Advisers LLC acquired a new position in Laureate Education in the 1st quarter valued at about $102,000. Finally, GAMMA Investing LLC grew 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 valued at $130,000 after buying an additional 6,019 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on LAUR. Wall Street Zen upgraded shares of Laureate Education from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 2nd. BMO Capital Markets upped their price target on shares of Laureate Education from $23.00 to $24.00 and gave the company an “outperform” rating in a research note on Monday, May 5th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, Laureate Education presently has a consensus rating of “Buy” and a consensus price target of $24.00.

Laureate Education Stock Performance

Shares of NASDAQ:LAUR opened at $27.48 on Friday. The company’s 50 day moving average price is $24.40 and its two-hundred day moving average price is $21.97. Laureate Education has a 12-month low of $14.45 and a 12-month high of $27.63. The firm has a market cap of $4.05 billion, a PE ratio of 16.16 and a beta of 0.54. 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 (NASDAQ:LAUR) last announced its earnings results on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.73 by $0.06. Laureate Education had a net margin of 16.41% and a return on equity of 29.46%. The firm had revenue of $524.20 million for the quarter, compared to analyst estimates of $502.00 million. During the same quarter in the prior year, the business posted $0.65 EPS. The business’s revenue was up 5.0% compared to the same quarter last year. Laureate Education has set its FY 2025 guidance at EPS. Equities research analysts predict that Laureate Education will post 1.51 earnings per share 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.