Campbell & CO Investment Adviser LLC lifted its position in Laureate Education (NASDAQ:LAUR – Free Report) by 188.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 47,984 shares of the company’s stock after buying an additional 31,325 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in Laureate Education were worth $1,513,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently bought and sold shares of LAUR. Candriam S.C.A. grew its holdings in Laureate Education by 510.4% in the second quarter. Candriam S.C.A. now owns 1,214,700 shares of the company’s stock worth $28,401,000 after purchasing an additional 1,015,711 shares during the last quarter. Qube Research & Technologies Ltd boosted its position in shares of Laureate Education by 113.8% in the 2nd quarter. Qube Research & Technologies Ltd now owns 1,288,851 shares of the company’s stock worth $30,133,000 after purchasing an additional 685,998 shares in the last quarter. Boston Partners grew its stake in Laureate Education by 22.4% during the 2nd quarter. Boston Partners now owns 2,503,885 shares of the company’s stock worth $58,669,000 after buying an additional 458,202 shares during the last quarter. Aberdeen Group plc purchased a new position in Laureate Education during the 2nd quarter worth $5,634,000. Finally, CW Advisors LLC acquired a new position in Laureate Education during the 2nd quarter valued at about $3,284,000. Hedge funds and other institutional investors own 96.27% of the company’s stock.
Laureate Education Price Performance
Shares of NASDAQ:LAUR opened at $34.59 on Friday. Laureate Education has a twelve month low of $17.91 and a twelve month high of $35.87. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.06. The company has a market cap of $5.10 billion, a PE ratio of 25.25 and a beta of 0.60. The company’s 50 day moving average is $32.48 and its 200 day moving average is $29.11.
Laureate Education announced that its board has approved a stock buyback plan on Thursday, October 30th that permits the company to buyback $150.00 million in outstanding shares. This buyback authorization permits the company to buy up to 3.5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.
Analysts Set New Price Targets
Several equities research analysts have weighed in on the company. JPMorgan Chase & Co. started coverage on Laureate Education in a report on Wednesday, December 10th. They issued an “overweight” rating and a $40.00 price target for the company. UBS Group increased their price objective on shares of Laureate Education from $36.00 to $39.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. Morgan Stanley boosted their target price on shares of Laureate Education from $26.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Zacks Research lowered shares of Laureate Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Finally, Wall Street Zen cut shares of Laureate Education from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 20th. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Laureate Education has a consensus rating of “Moderate Buy” and an average target price of $33.75.
Check Out Our Latest Research Report on Laureate Education
Laureate Education Company 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.
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