Navellier & Associates Inc. Takes $584,000 Position in Laureate Education $LAUR

Navellier & Associates Inc. bought a new stake in shares of Laureate Education (NASDAQ:LAUR) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 18,503 shares of the company’s stock, valued at approximately $584,000.

A number of other large investors also recently added to or reduced their stakes in LAUR. Geode Capital Management LLC lifted its stake in Laureate Education by 0.9% in the second quarter. Geode Capital Management LLC now owns 3,298,980 shares of the company’s stock worth $77,139,000 after purchasing an additional 30,808 shares during the last quarter. State Street Corp increased its holdings in shares of Laureate Education by 3.3% in the second quarter. State Street Corp now owns 3,272,264 shares of the company’s stock worth $76,506,000 after buying an additional 105,712 shares during the period. Boston Partners lifted its stake in shares of Laureate Education by 22.4% in the 2nd quarter. Boston Partners now owns 2,503,885 shares of the company’s stock valued at $58,669,000 after acquiring an additional 458,202 shares during the last quarter. North of South Capital LLP lifted its stake in shares of Laureate Education by 1.7% in the 3rd quarter. North of South Capital LLP now owns 1,605,311 shares of the company’s stock valued at $50,632,000 after acquiring an additional 26,374 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Laureate Education by 1.0% during the 2nd quarter. Bank of New York Mellon Corp now owns 1,400,917 shares of the company’s stock valued at $32,753,000 after acquiring an additional 13,516 shares during the period. Hedge funds and other institutional investors own 96.27% of the company’s stock.

Laureate Education Trading Down 2.4%

NASDAQ LAUR opened at $34.39 on Thursday. The stock has a market cap of $5.07 billion, a P/E ratio of 25.10 and a beta of 0.57. Laureate Education has a fifty-two week low of $17.91 and a fifty-two week high of $36.34. The stock has a 50 day simple moving average of $33.97 and a two-hundred day simple moving average of $30.50. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.81 and a current ratio of 0.81.

Laureate Education declared that its Board of Directors has initiated a share buyback plan on Thursday, October 30th that authorizes the company to buyback $150.00 million in outstanding shares. This buyback authorization authorizes the company to purchase up to 3.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s management believes its shares are undervalued.

Analyst Upgrades and Downgrades

LAUR has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Laureate Education in a research note on Thursday, January 22nd. UBS Group increased their price objective on Laureate Education from $36.00 to $39.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. JPMorgan Chase & Co. began coverage on shares of Laureate Education in a research note on Wednesday, December 10th. They issued an “overweight” rating and a $40.00 target price on the stock. 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 report on Monday, October 20th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $33.75.

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.