Snow Phipps Group LLC lessened its holdings in Laureate Education (NASDAQ:LAUR – Free Report) by 23.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,665,410 shares of the company’s stock after selling 519,902 shares during the period. Laureate Education accounts for approximately 24.1% of Snow Phipps Group LLC’s portfolio, making the stock its 2nd largest holding. Snow Phipps Group LLC owned approximately 1.21% of Laureate Education worth $63,552,000 as of its most recent SEC filing.
Several other large investors have also modified their holdings of LAUR. Entropy Technologies LP raised its holdings in shares of Laureate Education by 2.3% during the first quarter. Entropy Technologies LP now owns 25,418 shares of the company’s stock worth $886,000 after purchasing an additional 576 shares during the period. Quantinno Capital Management LP boosted its holdings in shares of Laureate Education by 5.1% in the 1st quarter. Quantinno Capital Management LP now owns 15,804 shares of the company’s stock valued at $551,000 after buying an additional 761 shares during the period. Inspire Investing LLC grew its position in shares of Laureate Education by 6.8% during the 1st quarter. Inspire Investing LLC now owns 14,787 shares of the company’s stock valued at $515,000 after buying an additional 938 shares during the last quarter. Fox Run Management L.L.C. grew its position in shares of Laureate Education by 4.6% during the 4th quarter. Fox Run Management L.L.C. now owns 31,939 shares of the company’s stock valued at $1,075,000 after buying an additional 1,394 shares during the last quarter. Finally, Pictet Asset Management Holding SA raised its stake in Laureate Education by 7.9% during the first quarter. Pictet Asset Management Holding SA now owns 20,519 shares of the company’s stock worth $715,000 after acquiring an additional 1,502 shares during the period. 96.27% of the stock is currently owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other Laureate Education news, Director Ian Snow sold 427,019 shares of Laureate Education 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 sale, the director owned 1,646,324 shares of the company’s stock, valued at $59,695,708.24. The trade was a 20.60% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders sold 521,229 shares of company stock worth $19,103,350. 1.50% of the stock is owned by insiders.
Laureate Education Stock Performance
Laureate Education (NASDAQ:LAUR – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.96 by $0.04. The company had revenue of $615.90 million for the quarter, compared to analysts’ expectations of $607.56 million. Laureate Education had a return on equity of 23.54% and a net margin of 17.57%.The business’s revenue for the quarter was up 17.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 earnings per share. Laureate Education has set its FY 2026 guidance at 2.040-2.100 EPS. On average, equities research analysts forecast that Laureate Education will post 2.12 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on LAUR. 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. Morgan Stanley cut 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, July 27th. Weiss Ratings downgraded Laureate Education from a “buy (a-)” rating to a “buy (b+)” rating in a report on Monday, September 28th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $41.00 price objective on shares of Laureate Education in a research report on Monday, August 3rd. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Laureate Education currently has a consensus rating of “Hold” and a consensus target price of $40.50.
Get Our Latest Research Report on Laureate Education
Laureate Education Company Profile
Laureate Education, Inc is a provider of higher education services that operates universities and other postsecondary institutions. Through its network of institutions, the company offers undergraduate and graduate degree programs, professional education, and related academic services in fields such as business, health sciences, engineering, technology, and social sciences.
Laureate primarily serves students in Latin America, with operations in Mexico and Peru. Its institutions deliver programs through in-person, online, and blended learning formats, and are intended to serve both traditional university students and working professionals.
The company traces its roots to Sylvan Learning Systems, which expanded internationally and adopted the Laureate name in 2004.
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