New York State Common Retirement Fund Has $1.96 Million Stake in Laureate Education $LAUR

New York State Common Retirement Fund raised its holdings in Laureate Education (NASDAQ:LAUR) by 56.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 62,030 shares of the company’s stock after purchasing an additional 22,325 shares during the period. New York State Common Retirement Fund’s holdings in Laureate Education were worth $1,956,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in LAUR. EverSource Wealth Advisors LLC raised its position in shares of Laureate Education by 328.6% in the second quarter. EverSource Wealth Advisors LLC now owns 1,650 shares of the company’s stock valued at $39,000 after buying an additional 1,265 shares in the last quarter. Canada Pension Plan Investment Board acquired a new position in Laureate Education in the 2nd quarter valued at $108,000. Parkside Financial Bank & Trust raised its holdings in Laureate Education by 11.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 6,031 shares of the company’s stock valued at $141,000 after acquiring an additional 636 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Laureate Education by 41.8% during the 3rd quarter. Blue Trust Inc. now owns 4,600 shares of the company’s stock valued at $145,000 after acquiring an additional 1,356 shares during the period. Finally, Longboard Asset Management LP acquired a new stake in shares of Laureate Education during the 3rd quarter worth $204,000. Institutional investors and hedge funds own 96.27% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Laureate Education in a research note on Thursday, January 22nd. Morgan Stanley boosted their target price 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. UBS Group upped their price target on shares of Laureate Education from $36.00 to $39.00 and gave the stock a “buy” rating in a report on Thursday, January 8th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Laureate Education in a research note on Wednesday, December 10th. They issued an “overweight” rating and a $40.00 price objective on the stock. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Laureate Education currently has a consensus rating of “Moderate Buy” and a consensus price target of $33.75.

Laureate Education Stock Up 1.6%

LAUR stock opened at $35.01 on Monday. The stock has a market capitalization of $5.16 billion, a P/E ratio of 25.55 and a beta of 0.57. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.06. Laureate Education has a 12 month low of $17.91 and a 12 month high of $36.34. The firm has a 50-day moving average price of $33.74 and a 200-day moving average price of $30.30.

Laureate Education declared that its Board of Directors has initiated a stock repurchase program on Thursday, October 30th that authorizes the company to buyback $150.00 million in shares. This buyback authorization authorizes the company to purchase up to 3.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

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.