Versor Investments LP Purchases New Shares in Laureate Education $LAUR

by · The Cerbat Gem

Versor Investments LP purchased a new stake in shares of Laureate Education (NASDAQ:LAUR – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 17,600 shares of the company’s stock, valued at approximately $411,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Envestnet Asset Management Inc. raised its holdings in Laureate Education by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,598 shares of the company’s stock valued at $318,000 after buying an additional 480 shares during the period. Mackenzie Financial Corp raised its holdings in Laureate Education by 2.8% during the 1st quarter. Mackenzie Financial Corp now owns 23,513 shares of the company’s stock valued at $481,000 after buying an additional 631 shares during the period. SummerHaven Investment Management LLC raised its holdings in Laureate Education by 1.4% during the 2nd quarter. SummerHaven Investment Management LLC now owns 53,448 shares of the company’s stock valued at $1,250,000 after buying an additional 742 shares during the period. Nisa Investment Advisors LLC raised its holdings in Laureate Education by 4.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 22,290 shares of the company’s stock valued at $456,000 after buying an additional 998 shares during the period. Finally, Vanguard Personalized Indexing Management LLC raised its holdings in Laureate Education by 8.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 15,555 shares of the company’s stock valued at $364,000 after buying an additional 1,264 shares during the period. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Wall Street Analysts Forecast Growth

LAUR has been the topic of several recent research reports. Zacks Research lowered Laureate Education from a “strong-buy” rating to a “hold” rating in a report on Monday, September 29th. UBS Group boosted their target price on shares of Laureate Education from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Monday. Weiss Ratings reissued a “buy (b)” rating on shares of Laureate Education in a research note on Wednesday, October 8th. Morgan Stanley boosted their target price on shares of Laureate Education from $26.00 to $32.00 and gave the company an “equal weight” rating in a research note on Monday, October 20th. Finally, Wall Street Zen lowered shares of Laureate Education from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $30.67.

Read Our Latest Stock Analysis on Laureate Education

Laureate Education Stock Up 3.6%

NASDAQ:LAUR opened at $30.74 on Thursday. Laureate Education has a 1-year low of $17.82 and a 1-year high of $32.42. The company has a 50-day moving average of $29.48 and a 200 day moving average of $25.33. The firm has a market cap of $4.53 billion, a PE ratio of 22.44 and a beta of 0.61. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.81 and a quick ratio of 0.81.

Laureate Education (NASDAQ:LAUR – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.08). Laureate Education had a return on equity of 22.99% and a net margin of 12.86%.The business had revenue of $400.20 million during the quarter, compared to analysts’ expectations of $391.77 million. During the same period last year, the company earned $0.56 earnings per share. The firm’s revenue was up 8.6% compared to the same quarter last year. Laureate Education has set its FY 2025 guidance at EPS. As a group, research analysts anticipate that Laureate Education will post 1.51 EPS for the current fiscal year.

Laureate Education announced that its board has authorized a share buyback program on Thursday, October 30th that allows the company to repurchase $150.00 million in shares. This repurchase authorization allows the company to repurchase up to 3.5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its shares are undervalued.

About Laureate Education

(Free Report)

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.

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