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

Hotchkis & Wiley Capital Management LLC bought a new stake in Laureate Education, Inc. (NASDAQ:LAUR - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 406,830 shares of the company's stock, valued at approximately $6,757,000. Hotchkis & Wiley Capital Management LLC owned approximately 0.27% of Laureate Education at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. HighVista Strategies LLC grew its stake in Laureate Education by 8.5% during the 3rd quarter. HighVista Strategies LLC now owns 121,607 shares of the company's stock valued at $2,020,000 after acquiring an additional 9,500 shares in the last quarter. Centiva Capital LP grew its position in shares of Laureate Education by 33.5% in the third quarter. Centiva Capital LP now owns 30,634 shares of the company's stock valued at $509,000 after purchasing an additional 7,687 shares in the last quarter. Erste Asset Management GmbH acquired a new stake in shares of Laureate Education in the third quarter valued at approximately $1,485,000. Verition Fund Management LLC purchased a new position in Laureate Education during the third quarter worth approximately $309,000. Finally, Capstone Investment Advisors LLC acquired a new position in Laureate Education during the third quarter worth $318,000. 96.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Laureate Education

In other news, Director Corro Pedro Del sold 25,000 shares of Laureate Education 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 completion of the sale, the director now directly owns 29,686 shares of the company's stock, valued at approximately $581,251.88. The trade was a 45.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 2.32% of the company's stock.

Laureate Education Trading Down 1.0 %

Shares of Laureate Education stock traded down $0.19 during mid-day trading on Friday, hitting $18.48. The stock had a trading volume of 471,984 shares, compared to its average volume of 730,808. The firm has a market cap of $2.78 billion, a P/E ratio of 11.82 and a beta of 0.82. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.15. The firm has a 50-day moving average of $17.19 and a two-hundred day moving average of $15.86. Laureate Education, Inc. has a 12-month low of $12.45 and a 12-month high of $19.98.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.56 earnings per share for the quarter, topping 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 company had revenue of $368.60 million during the quarter, compared to analyst estimates of $361.80 million. During the same period in the prior year, the business posted $0.23 earnings per share. The firm's revenue for the quarter was up 2.0% compared to the same quarter last year. Sell-side analysts forecast that Laureate Education, Inc. will post 1.42 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, BMO Capital Markets raised their target price on Laureate Education from $17.00 to $20.00 and gave the stock an "outperform" rating in a research note on Friday, November 1st.

Laureate Education Company 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.