Empirical Financial Services LLC d.b.a. Empirical Wealth Management Grows Stock Holdings in Laureate Education $LAUR

Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in shares of Laureate Education (NASDAQ:LAUR) by 6.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,241 shares of the company’s stock after purchasing an additional 1,890 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Laureate Education were worth $707,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Mackenzie Financial Corp lifted its holdings in shares of Laureate Education by 2.8% in the 1st quarter. Mackenzie Financial Corp now owns 23,513 shares of the company’s stock worth $481,000 after acquiring an additional 631 shares during the last quarter. SummerHaven Investment Management LLC boosted its position in Laureate Education by 1.4% during the second quarter. SummerHaven Investment Management LLC now owns 53,448 shares of the company’s stock valued at $1,250,000 after buying an additional 742 shares during the period. Cannon Global Investment Management LLC increased its holdings in shares of Laureate Education by 4.2% in the first quarter. Cannon Global Investment Management LLC now owns 19,800 shares of the company’s stock worth $405,000 after buying an additional 800 shares during the period. Nisa Investment Advisors LLC lifted its stake in shares of Laureate Education by 4.7% in the 1st quarter. Nisa Investment Advisors LLC now owns 22,290 shares of the company’s stock valued at $456,000 after acquiring an additional 998 shares during the last quarter. Finally, KLP Kapitalforvaltning AS grew its position in Laureate Education by 2.5% during the 1st quarter. KLP Kapitalforvaltning AS now owns 52,500 shares of the company’s stock worth $1,074,000 after acquiring an additional 1,300 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on LAUR shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Laureate Education in a research note on Saturday, September 27th. UBS Group initiated coverage on shares of Laureate Education in a research note on Friday, September 19th. They set a “buy” rating and a $35.00 price objective for the company. Wall Street Zen cut Laureate Education from a “strong-buy” rating to a “buy” rating in a research note on Saturday, September 20th. Finally, Zacks Research lowered Laureate Education from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 29th. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $29.50.

Laureate Education Price Performance

Shares of LAUR opened at $29.49 on Monday. Laureate Education has a twelve month low of $15.15 and a twelve month high of $31.74. The company has a market capitalization of $4.35 billion, a P/E ratio of 17.35 and a beta of 0.63. The firm has a 50 day moving average of $27.43 and a 200 day moving average of $23.72. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.07.

Laureate Education (NASDAQ:LAUR) last issued its earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.73 by $0.06. Laureate Education had a return on equity of 29.46% and a net margin of 16.41%.The business had revenue of $524.20 million for the quarter, compared to the consensus estimate of $502.00 million. During the same period last year, the business posted $0.65 EPS. The company’s revenue was up 5.0% compared to the same quarter last year. Laureate Education has set its FY 2025 guidance at EPS. As a group, equities research analysts anticipate that Laureate Education will post 1.51 earnings per share for the current fiscal year.

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.