Amundi Has $3.20 Million Position in Laureate Education $LAUR

Amundi reduced its stake in Laureate Education (NASDAQ:LAUR) by 39.1% during the first quarter, HoldingsChannel reports. The firm owned 157,901 shares of the company’s stock after selling 101,267 shares during the quarter. Amundi’s holdings in Laureate Education were worth $3,204,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Blue Trust Inc. acquired a new stake in shares of Laureate Education in the 1st quarter valued at approximately $62,000. Avanza Fonder AB bought a new position in Laureate Education in the 1st quarter valued at approximately $93,000. CWM LLC raised its holdings in Laureate Education by 260.1% in the 1st quarter. CWM LLC now owns 4,901 shares of the company’s stock valued at $100,000 after buying an additional 3,540 shares during the last quarter. FNY Investment Advisers LLC bought a new position in Laureate Education in the 1st quarter valued at approximately $102,000. Finally, GAMMA Investing LLC raised its holdings in Laureate Education by 1,875.1% in the 1st quarter. GAMMA Investing LLC now owns 6,340 shares of the company’s stock valued at $130,000 after buying an additional 6,019 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Wall Street Zen upgraded shares of Laureate Education from a “hold” rating to a “strong-buy” rating in a report on Saturday, August 2nd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Laureate Education presently has an average rating of “Buy” and a consensus target price of $24.00.

Laureate Education Stock Up 4.6%

Laureate Education stock opened at $29.04 on Friday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.75 and a current ratio of 0.75. Laureate Education has a 52-week low of $14.77 and a 52-week high of $29.07. The firm has a 50 day moving average price of $25.26 and a two-hundred day moving average price of $22.45. The firm has a market cap of $4.28 billion, a price-to-earnings ratio of 17.08 and a beta of 0.58.

Laureate Education (NASDAQ:LAUR) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.06. The company had revenue of $524.20 million during the quarter, compared to analyst estimates of $502.00 million. Laureate Education had a net margin of 16.41% and a return on equity of 29.46%. Laureate Education’s revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.65 EPS. Laureate Education has set its FY 2025 guidance at EPS. Equities analysts predict that Laureate Education will post 1.51 EPS for the current year.

About Laureate Education

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.