Aberdeen Group plc Buys Shares of 243,402 Laureate Education $LAUR

Aberdeen Group plc acquired a new position in shares of Laureate Education (NASDAQ:LAUR) in the second quarter, Holdings Channel reports. The institutional investor acquired 243,402 shares of the company’s stock, valued at approximately $5,634,000.

Several other large investors have also added to or reduced their stakes in LAUR. Blue Trust Inc. bought a new stake in shares of Laureate Education during the first quarter valued at approximately $62,000. CWM LLC grew its holdings 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 buying an additional 3,540 shares in the last quarter. GAMMA Investing LLC boosted its position in Laureate Education by 1,875.1% in the first quarter. GAMMA Investing LLC now owns 6,340 shares of the company’s stock worth $130,000 after purchasing an additional 6,019 shares during the last quarter. Avanza Fonder AB boosted its position in Laureate Education by 54.8% in the second quarter. Avanza Fonder AB now owns 6,900 shares of the company’s stock worth $161,000 after purchasing an additional 2,443 shares during the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. purchased a new position in Laureate Education in the second quarter worth $178,000. Institutional investors and hedge funds own 96.27% of the company’s stock.

Laureate Education Stock Performance

Shares of LAUR opened at $29.35 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.75 and a quick ratio of 0.75. Laureate Education has a one year low of $15.15 and a one year high of $31.74. The firm has a market capitalization of $4.33 billion, a P/E ratio of 17.26 and a beta of 0.63. The business has a fifty day moving average of $28.51 and a 200 day moving average of $24.24.

Laureate Education (NASDAQ:LAUR) last issued 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. Laureate Education had a return on equity of 29.46% and a net margin of 16.41%.The company had revenue of $524.20 million during the quarter, compared to analyst estimates of $502.00 million. During the same quarter in the previous 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 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Wall Street Zen cut Laureate Education from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 20th. Weiss Ratings reiterated a “buy (b)” rating on shares of Laureate Education in a research report on Wednesday, October 8th. Zacks Research cut Laureate Education from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. Finally, UBS Group assumed coverage on Laureate Education in a report on Friday, September 19th. They set a “buy” rating and a $35.00 target price for the company. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Laureate Education currently has an average rating of “Moderate Buy” and a consensus price target 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.