Allianz Asset Management GmbH lifted its stake in Laureate Education (NASDAQ:LAUR – Free Report) by 219.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 213,338 shares of the company’s stock after buying an additional 146,565 shares during the period. Allianz Asset Management GmbH owned about 0.14% of Laureate Education worth $6,729,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the stock. AQR Capital Management LLC raised its stake in Laureate Education by 48.7% during the first quarter. AQR Capital Management LLC now owns 156,668 shares of the company’s stock worth $3,204,000 after acquiring an additional 51,337 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Laureate Education by 3.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 98,173 shares of the company’s stock worth $2,008,000 after purchasing an additional 2,838 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Laureate Education by 7.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 407,255 shares of the company’s stock worth $8,328,000 after purchasing an additional 27,978 shares in the last quarter. Jane Street Group LLC lifted its holdings in Laureate Education by 179.4% during the 1st quarter. Jane Street Group LLC now owns 163,912 shares of the company’s stock valued at $3,352,000 after purchasing an additional 105,247 shares during the last quarter. Finally, Intech Investment Management LLC boosted its position in Laureate Education by 20.0% in the first quarter. Intech Investment Management LLC now owns 66,933 shares of the company’s stock valued at $1,369,000 after buying an additional 11,170 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.
Wall Street Analyst Weigh In
LAUR has been the topic of a number of research analyst reports. Morgan Stanley increased their price target on Laureate Education from $26.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. JPMorgan Chase & Co. initiated coverage on Laureate Education in a research note on Wednesday, December 10th. They issued an “overweight” rating and a $40.00 target price on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Laureate Education in a research note on Thursday, January 22nd. Finally, UBS Group increased their price target 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. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $33.75.
Laureate Education Stock Up 1.1%
Shares of LAUR stock opened at $35.41 on Tuesday. The company has a market capitalization of $5.22 billion, a price-to-earnings ratio of 25.85 and a beta of 0.57. Laureate Education has a 12-month low of $17.91 and a 12-month high of $36.34. The firm has a fifty day moving average of $33.82 and a 200-day moving average of $30.39. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.06.
Laureate Education declared that its Board of Directors has authorized a stock buyback plan on Thursday, October 30th that authorizes the company to repurchase $150.00 million in outstanding shares. This repurchase authorization authorizes the company to purchase up to 3.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its shares are undervalued.
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.
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