Ninety One North America Inc. lifted its position in shares of Laureate Education (NASDAQ:LAUR – Free Report) by 1.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 964,909 shares of the company’s stock after purchasing an additional 14,717 shares during the quarter. Laureate Education accounts for about 1.9% of Ninety One North America Inc.’s holdings, making the stock its 19th largest holding. Ninety One North America Inc.’s holdings in Laureate Education were worth $36,821,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC boosted its stake 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 buying an additional 281 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in shares of Laureate Education during the second quarter worth approximately $110,000. PNC Financial Services Group Inc. raised its stake in shares of Laureate Education by 3,976.5% during the first quarter. PNC Financial Services Group Inc. now owns 3,302 shares of the company’s stock worth $115,000 after acquiring an additional 3,221 shares in the last quarter. Rockefeller Capital Management L.P. purchased a new position in shares of Laureate Education during the fourth quarter worth approximately $120,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of Laureate Education by 60.1% during the first quarter. EverSource Wealth Advisors LLC now owns 5,349 shares of the company’s stock worth $186,000 after acquiring an additional 2,007 shares in the last quarter. Institutional investors own 96.27% of the company’s stock.
Analysts Set New Price Targets
A number of equities research analysts have recently issued reports on LAUR shares. Morgan Stanley upped their price objective on shares of Laureate Education from $34.50 to $36.50 and gave the company an “underweight” rating in a research note on Thursday. Weiss Ratings upgraded shares of Laureate Education from a “buy (b+)” rating to a “buy (a)” rating in a research report on Tuesday. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $41.00 target price on shares of Laureate Education in a research report on Monday, August 3rd. Finally, Barrington Research assumed coverage on shares of Laureate Education in a research note on Thursday, July 23rd. They issued an “outperform” rating and a $45.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $40.90.
Laureate Education Trading Up 0.3%
LAUR stock traded up $0.12 during trading on Thursday, hitting $39.57. 352,199 shares of the company traded hands, compared to its average volume of 1,319,087. The firm has a market capitalization of $5.45 billion, a PE ratio of 17.73, a P/E/G ratio of 1.25 and a beta of 0.41. Laureate Education has a 1 year low of $24.98 and a 1 year high of $40.92. The company has a 50-day moving average of $37.51 and a 200-day moving average of $35.93. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.71 and a current ratio of 0.71.
Laureate Education (NASDAQ:LAUR – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $1.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.96 by $0.04. The business had revenue of $615.90 million for the quarter, compared to analyst estimates of $607.56 million. Laureate Education had a return on equity of 23.54% and a net margin of 17.57%. Laureate Education’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same period last year, the company earned $0.79 EPS. Laureate Education has set its FY 2026 guidance at 2.040-2.100 EPS. Analysts predict that Laureate Education will post 2.12 earnings per share for the current fiscal year.
Insider Buying and Selling at Laureate Education
In other news, Director Ian Snow sold 427,019 shares of the firm’s stock in a transaction that occurred on Wednesday, September 2nd. The shares were sold at an average price of $36.26, for a total value of $15,483,708.94. Following the transaction, the director owned 1,646,324 shares in the company, valued at approximately $59,695,708.24. This trade represents a 20.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 521,229 shares of company stock worth $19,103,350 over the last ninety days. Corporate insiders own 1.50% of the company’s stock.
Laureate Education Company Profile
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.
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