SummerHaven Investment Management LLC Buys New Holdings in Laureate Education $LAUR

SummerHaven Investment Management LLC acquired a new stake in Laureate Education (NASDAQ:LAUR – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 51,938 shares of the company’s stock, valued at approximately $1,982,000. Laureate Education makes up about 1.4% of SummerHaven Investment Management LLC’s portfolio, making the stock its 10th biggest position.

A number of other institutional investors have also recently made changes to their positions in the stock. GAMMA Investing LLC boosted its holdings in Laureate Education by 33.4% in the third quarter. GAMMA Investing LLC now owns 1,123 shares of the company’s stock worth $43,000 after purchasing an additional 281 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Laureate Education in the second quarter worth $110,000. PNC Financial Services Group Inc. increased its stake in Laureate Education by 3,976.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,302 shares of the company’s stock worth $115,000 after buying an additional 3,221 shares in the last quarter. Rockefeller Capital Management L.P. purchased a new stake in shares of Laureate Education during the fourth quarter worth about $120,000. Finally, EverSource Wealth Advisors LLC grew its holdings in Laureate Education by 60.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 5,349 shares of the company’s stock valued at $186,000 after buying an additional 2,007 shares in the last quarter. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Insider Transactions at Laureate Education

In related news, Director Ian Snow sold 427,019 shares of the business’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $36.26, for a total transaction of $15,483,708.94. Following the completion of the transaction, the director owned 1,646,324 shares in the company, valued at $59,695,708.24. The trade was a 20.60% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last three months, insiders sold 521,229 shares of company stock worth $19,103,350. 1.50% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have commented on LAUR. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $41.00 price target on shares of Laureate Education in a research note on Monday, August 3rd. Morgan Stanley raised their price objective on Laureate Education from $34.50 to $36.50 and gave the company an “underweight” rating in a research report on Thursday. Weiss Ratings raised Laureate Education from a “buy (b+)” rating to a “buy (a)” rating in a report on Tuesday. Finally, Barrington Research started coverage on shares of Laureate Education in a research note on Thursday, July 23rd. They set an “outperform” rating and a $45.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Laureate Education has an average rating of “Moderate Buy” and an average target price of $40.90.

Read Our Latest Stock Report on Laureate Education

Laureate Education Stock Down 1.1%

Shares of NASDAQ LAUR opened at $38.61 on Friday. Laureate Education has a 1 year low of $24.98 and a 1 year high of $40.92. The firm has a 50-day simple moving average of $37.55 and a two-hundred day simple moving average of $35.98. The company has a market cap of $5.32 billion, a P/E ratio of 17.31, a PEG ratio of 1.22 and a beta of 0.41. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.71 and a quick ratio of 0.71.

Laureate Education (NASDAQ:LAUR – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.04. Laureate Education had a return on equity of 23.54% and a net margin of 17.57%. The firm had revenue of $615.90 million for the quarter, compared to analysts’ expectations of $607.56 million. During the same quarter in the prior year, the firm posted $0.79 earnings per share. The company’s quarterly revenue was up 17.5% on a year-over-year basis. Laureate Education has set its FY 2026 guidance at 2.040-2.100 EPS. Research analysts anticipate that Laureate Education will post 2.13 earnings per share for the current year.

Laureate Education Profile

(Free Report)

Laureate Education, Inc is a provider of higher education services that operates universities and other postsecondary institutions. Through its network of institutions, the company offers undergraduate and graduate degree programs, professional education, and related academic services in fields such as business, health sciences, engineering, technology, and social sciences.

Laureate primarily serves students in Latin America, with operations in Mexico and Peru. Its institutions deliver programs through in-person, online, and blended learning formats, and are intended to serve both traditional university students and working professionals.

The company traces its roots to Sylvan Learning Systems, which expanded internationally and adopted the Laureate name in 2004.

See Also

Institutional Ownership by Quarter for Laureate Education (NASDAQ:LAUR)

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