Burney Co. Has $1.19 Million Stake in Laureate Education $LAUR

Burney Co. increased its holdings in shares of Laureate Education (NASDAQ:LAUR) by 5.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 51,043 shares of the company’s stock after purchasing an additional 2,732 shares during the quarter. Burney Co.’s holdings in Laureate Education were worth $1,193,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. CWM LLC boosted its holdings in Laureate Education by 260.1% during the first quarter. CWM LLC now owns 4,901 shares of the company’s stock worth $100,000 after purchasing an additional 3,540 shares during the last quarter. Avanza Fonder AB lifted its stake in Laureate Education by 54.8% in the second quarter. Avanza Fonder AB now owns 6,900 shares of the company’s stock valued at $161,000 after acquiring an additional 2,443 shares during the last quarter. Financiere des Professionnels Fonds d investissement inc. acquired a new stake in Laureate Education in the second quarter valued at $178,000. Xponance Inc. acquired a new stake in Laureate Education in the first quarter valued at $201,000. Finally, Envestnet Asset Management Inc. lifted its stake in Laureate Education by 3.7% in the second quarter. Envestnet Asset Management Inc. now owns 13,598 shares of the company’s stock valued at $318,000 after acquiring an additional 480 shares during the last quarter. Institutional investors and hedge funds own 96.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on LAUR. Weiss Ratings reiterated a “buy (b)” rating on shares of Laureate Education in a research note on Wednesday, October 8th. UBS Group increased their price target on shares of Laureate Education from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Monday. Wall Street Zen cut shares of Laureate Education from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. Zacks Research cut shares of Laureate Education from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 29th. Finally, Morgan Stanley increased their price target on shares of Laureate Education from $26.00 to $32.00 and gave the company an “equal weight” rating in a research note on Monday, October 20th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $30.67.

Laureate Education Stock Performance

NASDAQ LAUR opened at $29.66 on Wednesday. The firm has a 50-day moving average of $29.41 and a 200-day moving average of $25.29. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a market cap of $4.37 billion, a PE ratio of 21.65 and a beta of 0.61. Laureate Education has a 52-week low of $17.26 and a 52-week high of $32.42.

Laureate Education (NASDAQ:LAUR) last posted its earnings results on Thursday, October 30th. The company reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.08). The company had revenue of $400.20 million for the quarter, compared to analyst estimates of $391.77 million. Laureate Education had a return on equity of 22.99% and a net margin of 12.86%.The business’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.56 EPS. Laureate Education has set its FY 2025 guidance at EPS. On average, sell-side analysts anticipate that Laureate Education will post 1.51 EPS for the current year.

Laureate Education declared that its board has approved a share repurchase program on Thursday, October 30th that allows the company to buyback $150.00 million in outstanding shares. This buyback authorization allows the company to repurchase up to 3.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its shares are undervalued.

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.