Brandywine Global Investment Management LLC Takes Position in Laureate Education, Inc. (NASDAQ:LAUR)

Brandywine Global Investment Management LLC purchased a new position in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 511,389 shares of the company's stock, valued at approximately $9,353,000. Brandywine Global Investment Management LLC owned approximately 0.34% of Laureate Education as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Intech Investment Management LLC purchased a new position in Laureate Education in the third quarter valued at $414,000. Charles Schwab Investment Management Inc. boosted its position in shares of Laureate Education by 3.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,145,552 shares of the company's stock worth $35,638,000 after acquiring an additional 80,570 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Laureate Education by 25.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 59,826 shares of the company's stock valued at $994,000 after acquiring an additional 12,143 shares during the last quarter. Verition Fund Management LLC acquired a new stake in shares of Laureate Education during the 3rd quarter worth about $309,000. Finally, Erste Asset Management GmbH purchased a new stake in Laureate Education during the third quarter worth approximately $1,485,000. Hedge funds and other institutional investors own 96.27% of the company's stock.

Laureate Education Stock Performance

Shares of NASDAQ:LAUR traded down $1.24 during trading on Friday, reaching $19.05. The company had a trading volume of 794,911 shares, compared to its average volume of 747,295. Laureate Education, Inc. has a fifty-two week low of $13.26 and a fifty-two week high of $21.73. 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 stock's fifty day moving average price is $19.64 and its 200 day moving average price is $18.34. The firm has a market capitalization of $2.87 billion, a price-to-earnings ratio of 9.77 and a beta of 0.43.

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Laureate Education (NASDAQ:LAUR - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.62 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.20. The firm had revenue of $423.40 million during the quarter, compared to the consensus estimate of $411.50 million. Laureate Education had a net margin of 18.92% and a return on equity of 32.35%. As a group, equities research analysts predict that Laureate Education, Inc. will post 1.51 EPS for the current year.

Analysts Set New Price Targets

Separately, BMO Capital Markets upped their price objective on shares of Laureate Education from $21.00 to $23.00 and gave the company an "outperform" rating in a research note on Monday, February 24th.

Insider Activity

In other news, Director Ian Kendell Snow sold 520,831 shares of the company's stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $17.47, for a total value of $9,098,917.57. The sale was disclosed in a filing with the SEC, which is available through this link. Company insiders own 2.32% of the company's stock.

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.