17,294 Shares in Laureate Education $LAUR Bought by Ieq Capital LLC

Ieq Capital LLC purchased a new position in Laureate Education (NASDAQ:LAUR) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 17,294 shares of the company’s stock, valued at approximately $354,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in LAUR. Blue Trust Inc. bought a new stake in shares of Laureate Education in the first quarter worth $62,000. Avanza Fonder AB bought a new stake in Laureate Education during the first quarter valued at $93,000. CWM LLC increased its stake in Laureate Education by 260.1% during the first quarter. CWM LLC now owns 4,901 shares of the company’s stock valued at $100,000 after purchasing an additional 3,540 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in Laureate Education during the first quarter valued at $102,000. Finally, GAMMA Investing LLC increased its stake in Laureate Education by 1,875.1% during the first quarter. GAMMA Investing LLC now owns 6,340 shares of the company’s stock valued at $130,000 after purchasing an additional 6,019 shares during the last quarter. Institutional investors own 96.27% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Laureate Education Stock Up 0.5%

LAUR stock opened at $27.85 on Friday. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.75 and a quick ratio of 0.75. Laureate Education has a 1-year low of $14.45 and a 1-year high of $28.16. The firm has a fifty day moving average price of $24.89 and a two-hundred day moving average price of $22.22. The firm has a market cap of $4.10 billion, a price-to-earnings ratio of 16.38 and a beta of 0.58.

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