Cullen Capital Management LLC Decreases Stake in Laureate Education $LAUR

Cullen Capital Management LLC lessened its stake in shares of Laureate Education (NASDAQ:LAUR) by 32.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 407,979 shares of the company’s stock after selling 194,852 shares during the quarter. Cullen Capital Management LLC owned approximately 0.28% of Laureate Education worth $12,868,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC boosted its position in Laureate Education by 328.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,650 shares of the company’s stock valued at $39,000 after buying an additional 1,265 shares during the period. Canada Pension Plan Investment Board bought a new position in shares of Laureate Education during the second quarter valued at about $108,000. Blue Trust Inc. raised its stake in shares of Laureate Education by 41.8% during the third quarter. Blue Trust Inc. now owns 4,600 shares of the company’s stock valued at $145,000 after acquiring an additional 1,356 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Laureate Education by 11.8% during the second quarter. Parkside Financial Bank & Trust now owns 6,031 shares of the company’s stock worth $141,000 after purchasing an additional 636 shares during the period. Finally, Longboard Asset Management LP bought a new stake in shares of Laureate Education in the third quarter worth about $204,000. 96.27% of the stock is owned by hedge funds and other institutional investors.

Laureate Education Trading Down 1.8%

Laureate Education stock opened at $33.86 on Thursday. Laureate Education has a one year low of $17.91 and a one year high of $36.34. The business’s fifty day moving average is $33.58 and its 200 day moving average is $30.09. The stock has a market capitalization of $4.99 billion, a PE ratio of 24.72 and a beta of 0.57. 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 announced that its board has approved a share repurchase plan on Thursday, October 30th that permits the company to buyback $150.00 million in shares. This buyback authorization permits the company to reacquire up to 3.5% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on LAUR shares. UBS Group boosted 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. Weiss Ratings restated a “buy (b)” rating on shares of Laureate Education in a research note on Thursday, January 22nd. JPMorgan Chase & Co. initiated coverage on Laureate Education in a research report on Wednesday, December 10th. They issued an “overweight” rating and a $40.00 price target for the company. Finally, Morgan Stanley raised their price objective 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. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.75.

Laureate Education 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.