Susquehanna Fundamental Investments LLC Makes New Investment in Laureate Education, Inc. (NASDAQ:LAUR)

Susquehanna Fundamental Investments LLC purchased a new position in shares of Laureate Education, Inc. (NASDAQ:LAUR - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 32,583 shares of the company's stock, valued at approximately $487,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its position in Laureate Education by 1.0% in the 1st quarter. Vanguard Group Inc. now owns 14,231,273 shares of the company's stock valued at $207,350,000 after acquiring an additional 136,865 shares in the last quarter. Van Berkom & Associates Inc. grew its stake in shares of Laureate Education by 2.2% in the 2nd quarter. Van Berkom & Associates Inc. now owns 6,951,804 shares of the company's stock worth $103,860,000 after acquiring an additional 151,397 shares in the last quarter. Engine Capital Management LP raised its holdings 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 purchasing an additional 104,232 shares during the last quarter. Fourth Sail Capital LP lifted its position in shares of Laureate Education by 2.3% during the second quarter. Fourth Sail Capital LP now owns 2,170,727 shares of the company's stock valued at $32,431,000 after purchasing an additional 48,635 shares in the last quarter. Finally, First Pacific Advisors LP boosted its holdings in Laureate Education by 32.5% during the first quarter. First Pacific Advisors LP now owns 813,781 shares of the company's stock worth $11,857,000 after purchasing an additional 199,423 shares during the last quarter. 96.27% of the stock is currently owned by institutional investors.

Laureate Education Price Performance

NASDAQ:LAUR traded up $0.22 during mid-day trading on Friday, hitting $15.80. 332,602 shares of the stock traded hands, compared to its average volume of 751,785. Laureate Education, Inc. has a 12-month low of $12.45 and a 12-month high of $17.60. The company has a market cap of $2.49 billion, a PE ratio of 21.35 and a beta of 0.81. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.22. The business's 50-day moving average price is $15.42 and its 200 day moving average price is $15.07.

Laureate Education (NASDAQ:LAUR - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.63 by $0.20. Laureate Education had a net margin of 12.64% and a return on equity of 21.37%. The business had revenue of $499.20 million during the quarter, compared to analyst estimates of $483.69 million. During the same period in the prior year, the business earned $0.35 EPS. The company's revenue for the quarter was up 8.0% on a year-over-year basis. On average, analysts expect that Laureate Education, Inc. will post 1.41 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Morgan Stanley downgraded shares of Laureate Education from an "overweight" rating to an "equal weight" rating and set a $17.00 price objective for the company. in a report on Friday, July 26th.

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.