J.Safra Asset Management Corp Has $58,000 Stock Holdings in Laureate Education $LAUR

J.Safra Asset Management Corp decreased its holdings in Laureate Education (NASDAQ:LAUR) by 30.8% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,511 shares of the company’s stock after selling 1,118 shares during the quarter. J.Safra Asset Management Corp’s holdings in Laureate Education were worth $58,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the company. CWM LLC increased its position in shares of Laureate Education by 134.7% during the 2nd quarter. CWM LLC now owns 11,504 shares of the company’s stock worth $269,000 after purchasing an additional 6,603 shares in the last quarter. Vanguard Personalized Indexing Management LLC increased its position in shares of Laureate Education by 8.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 15,555 shares of the company’s stock worth $364,000 after purchasing an additional 1,264 shares in the last quarter. Aberdeen Group plc acquired a new stake in shares of Laureate Education during the 2nd quarter worth about $5,634,000. KLP Kapitalforvaltning AS increased its position in shares of Laureate Education by 3.0% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 54,100 shares of the company’s stock worth $1,265,000 after purchasing an additional 1,600 shares in the last quarter. Finally, Polaris Capital Management LLC increased its position in shares of Laureate Education by 18.5% during the 2nd quarter. Polaris Capital Management LLC now owns 81,300 shares of the company’s stock worth $1,901,000 after purchasing an additional 12,700 shares in the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on LAUR shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Laureate Education in a research report on Wednesday, October 8th. Zacks Research cut shares of Laureate Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. Wall Street Zen lowered shares of Laureate Education from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 20th. Finally, UBS Group started coverage on shares of Laureate Education in a report on Friday, September 19th. They set a “buy” rating and a $35.00 price objective on the stock. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Laureate Education currently has a consensus rating of “Moderate Buy” and an average target price of $29.50.

Laureate Education Stock Up 1.7%

Shares of NASDAQ:LAUR opened at $29.79 on Wednesday. Laureate Education has a 12 month low of $15.15 and a 12 month high of $31.74. The company’s 50-day moving average price is $28.31 and its two-hundred day moving average price is $24.15. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.07. The firm has a market cap of $4.39 billion, a P/E ratio of 17.52 and a beta of 0.63.

Laureate Education (NASDAQ:LAUR) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.73 by $0.06. The firm had revenue of $524.20 million for 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%. The company’s revenue was up 5.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.65 EPS. Laureate Education has set its FY 2025 guidance at EPS. As a group, research analysts forecast that Laureate Education will post 1.51 EPS for the current fiscal year.

Laureate Education Profile

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.