Laureate Education $LAUR Shares Bought by Rhumbline Advisers

Rhumbline Advisers raised its position in Laureate Education (NASDAQ:LAUR) by 1.4% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 196,303 shares of the company’s stock after purchasing an additional 2,769 shares during the period. Rhumbline Advisers owned about 0.13% of Laureate Education worth $4,014,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Nuveen LLC purchased a new position in Laureate Education during the first quarter worth about $36,637,000. Public Sector Pension Investment Board acquired a new stake in Laureate Education during the first quarter worth about $9,976,000. Invesco Ltd. increased its stake in Laureate Education by 22.0% during the first quarter. Invesco Ltd. now owns 2,150,013 shares of the company’s stock worth $43,968,000 after acquiring an additional 388,143 shares during the last quarter. Vanguard Group Inc. increased its stake in Laureate Education by 3.1% during the first quarter. Vanguard Group Inc. now owns 13,060,176 shares of the company’s stock worth $267,081,000 after acquiring an additional 387,567 shares during the last quarter. Finally, New Vernon Capital Holdings II LLC increased its stake in Laureate Education by 1,945.0% during the first quarter. New Vernon Capital Holdings II LLC now owns 364,869 shares of the company’s stock worth $7,462,000 after acquiring an additional 347,027 shares during the last quarter. 96.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded Laureate Education from a “hold” rating to a “strong-buy” rating in a research note on Saturday, August 2nd. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $24.00.

Laureate Education Stock Up 1.2%

LAUR stock opened at $29.39 on Monday. Laureate Education has a twelve month low of $15.15 and a twelve month high of $29.52. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $4.33 billion, a P/E ratio of 17.29 and a beta of 0.58. The firm has a 50 day simple moving average of $25.37 and a 200-day simple moving average of $22.55.

Laureate Education (NASDAQ:LAUR) last released its quarterly 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. 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 during the quarter, compared to the consensus estimate of $502.00 million. During the same quarter last year, the company earned $0.65 earnings per share. The business’s quarterly revenue was up 5.0% compared to the same quarter last year. Laureate Education has set its FY 2025 guidance at EPS. On average, equities research analysts predict that Laureate Education will post 1.51 earnings per share for the current fiscal 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.