Amundi Sells 101,267 Shares of Laureate Education $LAUR

Amundi reduced its position in shares of Laureate Education (NASDAQ:LAUR) by 39.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 157,901 shares of the company’s stock after selling 101,267 shares during the quarter. Amundi owned 0.10% of Laureate Education worth $3,204,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CWM LLC raised its position in Laureate Education by 260.1% during the first quarter. CWM LLC now owns 4,901 shares of the company’s stock worth $100,000 after acquiring an additional 3,540 shares in the last quarter. Assenagon Asset Management S.A. raised 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 acquiring an additional 210,239 shares in the last quarter. Cerity Partners LLC raised 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 acquiring an additional 7,813 shares in the last quarter. Fiera Capital Corp raised 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 acquiring an additional 282,901 shares in the last quarter. Finally, Jefferies Financial Group Inc. bought a new stake in Laureate Education during the fourth quarter worth $2,573,000. 96.27% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, 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 research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $24.00.

Laureate Education Trading Up 4.6%

LAUR stock opened at $29.04 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.75 and a current ratio of 0.75. The company’s 50-day simple moving average is $25.26 and its 200 day simple moving average is $22.45. Laureate Education has a 52 week low of $14.77 and a 52 week high of $29.07. The company has a market capitalization of $4.28 billion, a PE ratio of 17.08 and a beta of 0.58.

Laureate Education (NASDAQ:LAUR) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.73 by $0.06. Laureate Education had a net margin of 16.41% and a return on equity of 29.46%. The business had revenue of $524.20 million for the quarter, compared to the consensus estimate of $502.00 million. During the same period in the prior year, the company posted $0.65 earnings per share. 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, sell-side analysts anticipate that Laureate Education will post 1.51 earnings per share for the current year.

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.