Strs Ohio Purchases New Holdings in Laureate Education $LAUR

Strs Ohio bought a new position in Laureate Education (NASDAQ:LAUR) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 41,000 shares of the company’s stock, valued at approximately $838,000.

Several other institutional investors and hedge funds have also modified their holdings of LAUR. Intech Investment Management LLC lifted its holdings in Laureate Education by 20.0% during the 1st quarter. Intech Investment Management LLC now owns 66,933 shares of the company’s stock worth $1,369,000 after buying an additional 11,170 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of Laureate Education by 179.4% in the 1st quarter. Jane Street Group LLC now owns 163,912 shares of the company’s stock valued at $3,352,000 after purchasing an additional 105,247 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Laureate Education by 7.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 407,255 shares of the company’s stock valued at $8,328,000 after purchasing an additional 27,978 shares during the period. Caxton Associates LLP acquired a new position in shares of Laureate Education in the 1st quarter valued at $825,000. Finally, Punch & Associates Investment Management Inc. lifted its stake in shares of Laureate Education by 5.2% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 1,489,257 shares of the company’s stock valued at $30,455,000 after purchasing an additional 74,060 shares during the period. 96.27% of the stock is owned by institutional investors and hedge funds.

Laureate Education Trading Up 0.9%

Shares of LAUR stock opened at $29.89 on Friday. Laureate Education has a 52-week low of $15.15 and a 52-week high of $30.47. 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 has a 50-day simple moving average of $25.94 and a two-hundred day simple moving average of $22.85. The company has a market capitalization of $4.40 billion, a price-to-earnings ratio of 17.58 and a beta of 0.58.

Laureate Education (NASDAQ:LAUR) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.73 by $0.06. The company had revenue of $524.20 million during the quarter, compared to the consensus estimate 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 last year, the firm earned $0.65 EPS. Laureate Education has set its FY 2025 guidance at EPS. Research analysts anticipate that Laureate Education will post 1.51 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on LAUR shares. Wall Street Zen cut shares of Laureate Education from a “strong-buy” rating to a “buy” rating in a research report on Saturday. UBS Group started coverage on shares of Laureate Education in a research report on Friday. They issued a “buy” rating and a $35.00 price objective for the company. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $29.50.

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.