Segall Bryant & Hamill LLC Trims Stock Holdings in Laureate Education $LAUR

Segall Bryant & Hamill LLC reduced its position in Laureate Education (NASDAQ:LAUR) by 17.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 221,869 shares of the company’s stock after selling 45,606 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Laureate Education were worth $5,187,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of LAUR. Envestnet Asset Management Inc. raised its position in Laureate Education by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,598 shares of the company’s stock valued at $318,000 after purchasing an additional 480 shares during the last quarter. DNB Asset Management AS increased its stake in Laureate Education by 0.5% in the second quarter. DNB Asset Management AS now owns 113,443 shares of the company’s stock valued at $2,652,000 after purchasing an additional 563 shares during the period. Mackenzie Financial Corp raised its holdings in shares of Laureate Education by 2.8% in the first quarter. Mackenzie Financial Corp now owns 23,513 shares of the company’s stock valued at $481,000 after buying an additional 631 shares during the last quarter. Parkside Financial Bank & Trust boosted its stake in shares of Laureate Education by 11.8% during the second quarter. Parkside Financial Bank & Trust now owns 6,031 shares of the company’s stock worth $141,000 after buying an additional 636 shares during the period. Finally, SummerHaven Investment Management LLC grew its holdings in shares of Laureate Education by 1.4% during the second quarter. SummerHaven Investment Management LLC now owns 53,448 shares of the company’s stock worth $1,250,000 after buying an additional 742 shares during the last quarter. 96.27% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on LAUR shares. Zacks Research cut Laureate Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. UBS Group upped their price target on Laureate Education from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Wall Street Zen lowered shares of Laureate Education from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 20th. 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, Weiss Ratings restated a “buy (b)” rating on shares of Laureate Education in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Laureate Education currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.67.

Laureate Education Trading Up 0.8%

Shares of LAUR opened at $29.94 on Monday. Laureate Education has a twelve month low of $17.82 and a twelve month high of $32.42. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $4.41 billion, a P/E ratio of 21.85 and a beta of 0.61. The firm’s 50-day moving average is $30.06 and its two-hundred day moving average is $26.19.

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

Laureate Education announced that its Board of Directors has initiated a stock repurchase plan on Thursday, October 30th that allows the company to repurchase $150.00 million in outstanding shares. This repurchase authorization allows the company to buy up to 3.5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors 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.