Fiera Capital Corp Has $20.28 Million Position in Laureate Education $LAUR

Fiera Capital Corp decreased its holdings in shares of Laureate Education (NASDAQ:LAUR) by 7.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 867,346 shares of the company’s stock after selling 67,893 shares during the period. Fiera Capital Corp owned approximately 0.58% of Laureate Education worth $20,279,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Candriam S.C.A. grew its holdings in shares of Laureate Education by 510.4% during the second quarter. Candriam S.C.A. now owns 1,214,700 shares of the company’s stock valued at $28,401,000 after buying an additional 1,015,711 shares during the last quarter. Police & Firemen s Retirement System of New Jersey lifted its position in Laureate Education by 4.5% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 29,974 shares of the company’s stock valued at $701,000 after acquiring an additional 1,296 shares in the last quarter. Geode Capital Management LLC boosted its stake in Laureate Education by 0.9% during the 2nd quarter. Geode Capital Management LLC now owns 3,298,980 shares of the company’s stock valued at $77,139,000 after purchasing an additional 30,808 shares during the last quarter. denkapparat Operations GmbH bought a new stake in Laureate Education during the 2nd quarter worth approximately $312,000. Finally, Boston Partners raised its stake in shares of Laureate Education by 22.4% in the second quarter. Boston Partners now owns 2,503,885 shares of the company’s stock worth $58,669,000 after purchasing an additional 458,202 shares during the last quarter. 96.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on LAUR shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Laureate Education in a research report on Wednesday, October 8th. Wall Street Zen lowered shares of Laureate Education from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. UBS Group raised their price target on shares of Laureate Education from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Monday, November 3rd. Morgan Stanley upped their price objective on shares of Laureate Education from $26.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Monday, October 20th. Finally, Zacks Research downgraded Laureate Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, Laureate Education has a consensus rating of “Moderate Buy” and a consensus price target of $30.67.

Laureate Education Trading Down 2.2%

Shares of LAUR stock opened at $30.44 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 0.06. The firm has a market cap of $4.49 billion, a P/E ratio of 22.22 and a beta of 0.61. The company has a 50 day moving average of $29.85 and a 200-day moving average of $25.76. Laureate Education has a 12-month low of $17.82 and a 12-month high of $32.42.

Laureate Education (NASDAQ:LAUR) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.33 by ($0.10). Laureate Education had a net margin of 12.86% and a return on equity of 22.99%. The firm had revenue of $400.20 million for the quarter, compared to the consensus estimate of $391.77 million. During the same period last year, the company posted $0.56 earnings per share. Laureate Education’s revenue for the quarter was up 8.6% on a year-over-year basis. Laureate Education has set its FY 2025 guidance at EPS. Sell-side analysts anticipate that Laureate Education will post 1.51 earnings per share for the current year.

Laureate Education announced that its Board of Directors has initiated a share buyback plan on Thursday, October 30th that permits the company to repurchase $150.00 million in outstanding shares. This repurchase authorization permits the company to repurchase up to 3.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

About Laureate Education

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.