Hotchkis & Wiley Capital Management LLC Makes New $6.76 Million Investment in Laureate Education, Inc. (NASDAQ:LAUR)

Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 406,830 shares of the company’s stock, valued at approximately $6,757,000. Hotchkis & Wiley Capital Management LLC owned 0.27% of Laureate Education at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Van Berkom & Associates Inc. boosted its position in shares of Laureate Education by 2.2% in the second quarter. Van Berkom & Associates Inc. now owns 6,951,804 shares of the company’s stock valued at $103,860,000 after acquiring an additional 151,397 shares during the period. Engine Capital Management LP boosted its position in shares of Laureate Education by 3.7% in the second quarter. Engine Capital Management LP now owns 2,927,487 shares of the company’s stock valued at $43,737,000 after acquiring an additional 104,232 shares during the period. Swedbank AB boosted its position in shares of Laureate Education by 225.8% in the third quarter. Swedbank AB now owns 2,513,300 shares of the company’s stock valued at $41,746,000 after acquiring an additional 1,741,800 shares during the period. Fourth Sail Capital LP boosted its position in shares of Laureate Education by 2.3% in the second quarter. Fourth Sail Capital LP now owns 2,170,727 shares of the company’s stock valued at $32,431,000 after acquiring an additional 48,635 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Laureate Education by 3.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,145,552 shares of the company’s stock valued at $35,638,000 after acquiring an additional 80,570 shares during the period. 96.27% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, BMO Capital Markets boosted their target price on shares of Laureate Education from $17.00 to $20.00 and gave the company an “outperform” rating in a research report on Friday, November 1st.

Insiders Place Their Bets

In related news, Director Corro Pedro Del sold 25,000 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $19.58, for a total value of $489,500.00. Following the transaction, the director now directly owns 29,686 shares in the company, valued at $581,251.88. This trade represents a 45.72 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.32% of the company’s stock.

Laureate Education Stock Performance

Laureate Education stock opened at $18.67 on Friday. The business has a 50 day moving average of $17.19 and a 200-day moving average of $15.86. Laureate Education, Inc. has a 1 year low of $12.45 and a 1 year high of $19.98. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.63 and a quick ratio of 0.63. The company has a market capitalization of $2.81 billion, a P/E ratio of 11.82 and a beta of 0.82.

Laureate Education (NASDAQ:LAUR) last announced its earnings results on Thursday, October 31st. The company reported $0.56 EPS for the quarter, beating the consensus estimate of $0.16 by $0.40. Laureate Education had a return on equity of 27.13% and a net margin of 15.76%. The business had revenue of $368.60 million for the quarter, compared to analysts’ expectations of $361.80 million. During the same period in the prior year, the business posted $0.23 earnings per share. The firm’s revenue was up 2.0% on a year-over-year basis. On average, equities research analysts predict that Laureate Education, Inc. will post 1.42 earnings per share for the current year.

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.