Brandywine Global Investment Management LLC Acquires 38,307 Shares of Laureate Education $LAUR

Key Points

• Brandywine Global Investment Management LLC increased its stake in Laureate Education by 7.5%, owning 549,696 shares valued at approximately $11.24 million as of its latest SEC filing.
• Laureate Education reported a quarterly EPS of $0.79, surpassing estimates, and generated $524.20 million in revenue, up 5% year-over-year.
• Analysts have raised their target price for Laureate Education from $23.00 to $24.00, with some upgrading the stock to a "strong-buy" rating.

Brandywine Global Investment Management LLC boosted its position in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 7.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 549,696 shares of the company's stock after buying an additional 38,307 shares during the period. Brandywine Global Investment Management LLC owned 0.36% of Laureate Education worth $11,241,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Mariner LLC boosted its holdings in shares of Laureate Education by 3.3% in the fourth quarter. Mariner LLC now owns 16,933 shares of the company's stock valued at $310,000 after acquiring an additional 541 shares in the last quarter. Mackenzie Financial Corp boosted its position in shares of Laureate Education by 2.8% in the 1st quarter. Mackenzie Financial Corp now owns 23,513 shares of the company's stock worth $481,000 after buying an additional 631 shares in the last quarter. SummerHaven Investment Management LLC raised its stake in Laureate Education by 1.5% in the 1st quarter. SummerHaven Investment Management LLC now owns 52,706 shares of the company's stock valued at $1,078,000 after purchasing an additional 768 shares during the last quarter. Cannon Global Investment Management LLC increased its stake in shares of Laureate Education by 4.2% during the 1st quarter. Cannon Global Investment Management LLC now owns 19,800 shares of the company's stock valued at $405,000 after acquiring an additional 800 shares during the last quarter. Finally, Nisa Investment Advisors LLC increased its stake in shares of Laureate Education by 4.7% during the 1st quarter. Nisa Investment Advisors LLC now owns 22,290 shares of the company's stock valued at $456,000 after acquiring an additional 998 shares during the last quarter. 96.27% of the stock is owned by hedge funds and other institutional investors.

Laureate Education Stock Up 1.1%

Laureate Education stock traded up $0.29 during trading hours on Thursday, hitting $26.35. The company had a trading volume of 757,228 shares, compared to its average volume of 866,478. Laureate Education has a fifty-two week low of $14.45 and a fifty-two week high of $26.72. The firm's fifty day moving average is $23.73 and its 200-day moving average is $21.59. The company has a debt-to-equity ratio of 0.07, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $3.88 billion, a P/E ratio of 15.50 and a beta of 0.54.

Laureate Education (NASDAQ:LAUR - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.73 by $0.06. Laureate Education had a net margin of 16.41% and a return on equity of 29.46%. The business had revenue of $524.20 million for the quarter, compared to the consensus estimate of $502.00 million. During the same quarter last year, the firm earned $0.65 EPS. Laureate Education's revenue for the quarter was up 5.0% on a year-over-year basis. Laureate Education has set its FY 2025 guidance at EPS. On average, research analysts forecast that Laureate Education will post 1.51 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on LAUR shares. BMO Capital Markets upped their price target on Laureate Education from $23.00 to $24.00 and gave the stock an "outperform" rating in a report on Monday, May 5th. Wall Street Zen raised Laureate Education from a "hold" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Laureate Education currently has an average rating of "Buy" and a consensus price target of $24.00.

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.