Renaissance Technologies LLC Has $26.18 Million Stake in Laureate Education $LAUR

Renaissance Technologies LLC raised its stake in shares of Laureate Education (NASDAQ:LAUR) by 26.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 751,400 shares of the company’s stock after purchasing an additional 155,200 shares during the period. Renaissance Technologies LLC’s holdings in Laureate Education were worth $26,179,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LAUR. Teacher Retirement System of Texas raised its position in shares of Laureate Education by 118.7% during the fourth quarter. Teacher Retirement System of Texas now owns 288,240 shares of the company’s stock worth $9,705,000 after acquiring an additional 156,414 shares during the last quarter. Aubrey Capital Management Ltd boosted its holdings in Laureate Education by 465.5% in the fourth quarter. Aubrey Capital Management Ltd now owns 226,200 shares of the company’s stock valued at $7,616,000 after acquiring an additional 186,200 shares during the last quarter. Neumeier Poma Investment Counsel LLC bought a new stake in Laureate Education in the fourth quarter valued at approximately $27,554,000. UBS Group AG increased its position in Laureate Education by 59.9% during the 4th quarter. UBS Group AG now owns 915,653 shares of the company’s stock valued at $30,830,000 after purchasing an additional 343,013 shares during the period. Finally, Oregon Public Employees Retirement Fund acquired a new stake in Laureate Education during the 1st quarter valued at approximately $1,070,000. 96.27% of the stock is owned by institutional investors and hedge funds.

Laureate Education Price Performance

Shares of LAUR opened at $38.41 on Thursday. Laureate Education has a 52-week low of $21.53 and a 52-week high of $40.75. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.57 and a current ratio of 0.57. The business’s 50 day moving average price is $36.29 and its two-hundred day moving average price is $34.63. The firm has a market cap of $5.38 billion, a PE ratio of 20.22, a price-to-earnings-growth ratio of 1.21 and a beta of 0.40.

Laureate Education (NASDAQ:LAUR) last posted its quarterly earnings results on Thursday, April 30th. The company reported ($0.17) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.07. The firm had revenue of $272.61 million for the quarter, compared to analysts’ expectations of $265.06 million. Laureate Education had a return on equity of 22.07% and a net margin of 16.08%.The company’s revenue for the quarter was up 15.4% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.13) EPS. On average, equities analysts anticipate that Laureate Education will post 2.08 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Laureate Education from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, July 2nd. UBS Group increased their price objective on shares of Laureate Education from $37.50 to $39.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. Barrington Research assumed coverage on shares of Laureate Education in a report on Thursday, July 23rd. They issued an “outperform” rating and a $45.00 target price on the stock. Zacks Research cut shares of Laureate Education from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 29th. Finally, Morgan Stanley cut shares of Laureate Education from an “equal weight” rating to an “underweight” rating and set a $34.50 price target on the stock. in a research report on Monday. Five investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $40.50.

About Laureate Education

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.