Laureate Education $LAUR Stock Acquired by Leuthold Group LLC

Leuthold Group LLC raised its holdings in Laureate Education (NASDAQ:LAUR) by 9.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 215,131 shares of the company’s stock after acquiring an additional 18,646 shares during the quarter. Leuthold Group LLC’s holdings in Laureate Education were worth $8,209,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Hohimer Wealth Management LLC acquired a new stake in shares of Laureate Education in the 3rd quarter worth approximately $956,000. Point Nemo Capital LLC increased its stake in Laureate Education by 4.9% in the 3rd quarter. Point Nemo Capital LLC now owns 46,052 shares of the company’s stock valued at $1,757,000 after purchasing an additional 2,132 shares in the last quarter. Alps Advisors Inc. raised its holdings in Laureate Education by 10.5% during the third quarter. Alps Advisors Inc. now owns 16,191 shares of the company’s stock worth $618,000 after purchasing an additional 1,544 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in Laureate Education by 1.3% during the third quarter. Commonwealth Equity Services LLC now owns 45,719 shares of the company’s stock worth $1,745,000 after purchasing an additional 575 shares during the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al raised its holdings in Laureate Education by 11.0% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 20,100 shares of the company’s stock worth $767,000 after purchasing an additional 2,000 shares during the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have commented on LAUR shares. Barrington Research started coverage on Laureate Education in a research report on Thursday, July 23rd. They set an “outperform” rating and a $45.00 target price on the stock. Weiss Ratings cut Laureate Education from a “buy (a)” rating to a “buy (a-)” rating in a research report on Friday, October 30th. Morgan Stanley lifted their price target on Laureate Education from $34.50 to $36.50 and gave the stock an “underweight” rating in a research note on Thursday, October 15th. Finally, JPMorgan Chase & Co. lowered shares of Laureate Education from an “overweight” rating to a “neutral” rating and set a $41.00 price objective on the stock. in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $40.90.

Insiders Place Their Bets

In other Laureate Education news, Director Ian Snow sold 427,019 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The stock was sold at an average price of $36.26, for a total transaction of $15,483,708.94. Following the completion of the transaction, the director owned 1,646,324 shares of the company’s stock, valued at approximately $59,695,708.24. This trade represents a 20.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders sold a total of 521,229 shares of company stock worth $19,103,350 over the last ninety days. Company insiders own 1.50% of the company’s stock.

Laureate Education Stock Up 2.9%

LAUR stock opened at $34.56 on Tuesday. The company’s 50 day simple moving average is $37.13 and its 200-day simple moving average is $35.57. The firm has a market capitalization of $4.76 billion, a PE ratio of 12.66, a P/E/G ratio of 1.11 and a beta of 0.45. Laureate Education has a 12 month low of $24.98 and a 12 month high of $40.92. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.71 and a quick ratio of 0.71.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings data on Thursday, October 29th. The company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.04. Laureate Education had a net margin of 20.28% and a return on equity of 26.41%. The business had revenue of $485.09 million during the quarter, compared to analysts’ expectations of $480.16 million. During the same period last year, the company posted $0.23 EPS. The company’s revenue was up 21.2% on a year-over-year basis. Equities analysts expect that Laureate Education will post 2.12 earnings per share for the current fiscal year.

Laureate Education Company Profile

Laureate Education, Inc operates a network of private higher education institutions in Mexico and Peru. Its principal institutions are Universidad del Valle de México (UVM) and Universidad Peruana de Ciencias Aplicadas (UPC).

The company offers undergraduate and graduate degree programs, as well as other academic and professional education, across fields that include business, health sciences, engineering and technology. Its institutions serve students through campus-based and digital learning options.

Laureate traces its origins to Sylvan Learning Systems, founded in 1989, and later expanded internationally under the Laureate International Universities name.