Laureate Education $LAUR Shares Sold by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. cut its position in shares of Laureate Education (NASDAQ:LAUR) by 43.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 175,640 shares of the company’s stock after selling 137,484 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.12% of Laureate Education worth $5,540,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its stake in shares of Laureate Education by 328.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,650 shares of the company’s stock worth $39,000 after purchasing an additional 1,265 shares during the period. Canada Pension Plan Investment Board acquired a new stake in Laureate Education during the 2nd quarter worth approximately $108,000. Parkside Financial Bank & Trust increased its position in shares of Laureate Education by 11.8% in the second quarter. Parkside Financial Bank & Trust now owns 6,031 shares of the company’s stock worth $141,000 after acquiring an additional 636 shares in the last quarter. Avanza Fonder AB raised its stake in shares of Laureate Education by 54.8% in the 2nd quarter. Avanza Fonder AB now owns 6,900 shares of the company’s stock valued at $161,000 after acquiring an additional 2,443 shares during the period. Finally, Financiere des Professionnels Fonds d investissement inc. acquired a new position in shares of Laureate Education during the second quarter worth about $178,000. Institutional investors and hedge funds own 96.27% of the company’s stock.

Wall Street Analyst Weigh In

LAUR has been the subject of several recent research reports. JPMorgan Chase & Co. started coverage on shares of Laureate Education in a research report on Wednesday, December 10th. They issued an “overweight” rating and a $40.00 price objective for the company. Zacks Research downgraded shares of Laureate Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. UBS Group raised their price objective on shares of Laureate Education from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Monday, November 3rd. Wall Street Zen lowered Laureate Education from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 20th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Laureate Education in a report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $33.00.

Laureate Education Trading Up 1.1%

Shares of NASDAQ:LAUR opened at $33.83 on Monday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.06. The company’s 50-day moving average price is $30.62 and its 200 day moving average price is $27.48. The company has a market cap of $4.99 billion, a PE ratio of 24.69 and a beta of 0.60. Laureate Education has a fifty-two week low of $17.82 and a fifty-two week high of $34.08.

Laureate Education (NASDAQ:LAUR) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.33 by ($0.10). Laureate Education had a net margin of 12.86% and a return on equity of 22.99%. The firm had revenue of $400.20 million during the quarter, compared to analyst estimates of $391.77 million. During the same quarter in the previous year, the business posted $0.56 EPS. Laureate Education’s revenue for the quarter was up 8.6% compared to the same quarter last year. Sell-side analysts anticipate that Laureate Education will post 1.51 earnings per share for the current year.

Laureate Education declared that its Board of Directors has initiated a share buyback plan on Thursday, October 30th that authorizes the company to repurchase $150.00 million in shares. This repurchase authorization authorizes the company to reacquire up to 3.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Laureate Education Profile

Laureate Education, Inc (NASDAQ: LAUR) is a leading global network of higher education institutions dedicated to providing undergraduate, graduate and certificate programs to a diverse student body. The company designs and delivers academic offerings through a combination of campus-based and online platforms, focusing on fields such as business, health sciences, engineering, education and hospitality management. By aligning its curriculum with regional workforce needs, Laureate aims to equip students with practical skills and industry insights that support career advancement and lifelong learning.

Through its network, Laureate operates a broad portfolio of universities and colleges, including both longstanding campus institutions and digitally native programs.