Hotchkis & Wiley Capital Management LLC Sells 84,550 Shares of Laureate Education $LAUR

Key Points

• Hotchkis & Wiley Capital Management LLC reduced its stake in Laureate Education by 19.9%, now holding 340,780 shares valued at approximately $6.97 million.
• Laureate Education's stock has received analyst upgrades, with Wall Street Zen changing its rating to "strong-buy" and BMO Capital Markets increasing its price target to $24.00.
• The company reported earnings of $0.79 per share, exceeding estimates, with a year-over-year revenue increase of 5% and guidance for FY 2025 set at an EPS of 1.51.

Hotchkis & Wiley Capital Management LLC lessened its stake in shares of Laureate Education (NASDAQ:LAUR - Free Report) by 19.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 340,780 shares of the company's stock after selling 84,550 shares during the quarter. Hotchkis & Wiley Capital Management LLC owned about 0.23% of Laureate Education worth $6,969,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Nuveen LLC acquired a new position in Laureate Education in the first quarter worth approximately $36,637,000. Public Sector Pension Investment Board acquired a new position in Laureate Education in the 1st quarter worth approximately $9,976,000. Invesco Ltd. boosted its stake in Laureate Education by 22.0% in the 1st quarter. Invesco Ltd. now owns 2,150,013 shares of the company's stock worth $43,968,000 after purchasing an additional 388,143 shares during the period. Vanguard Group Inc. boosted its stake in shares of Laureate Education by 3.1% during the 1st quarter. Vanguard Group Inc. now owns 13,060,176 shares of the company's stock valued at $267,081,000 after buying an additional 387,567 shares during the period. Finally, Fiera Capital Corp boosted its stake in shares of Laureate Education by 43.4% during the 1st quarter. Fiera Capital Corp now owns 935,239 shares of the company's stock valued at $19,126,000 after buying an additional 282,901 shares during the period. Institutional investors and hedge funds own 96.27% of the company's stock.

Laureate Education Trading Down 0.3%

LAUR stock traded down $0.08 during midday trading on Friday, reaching $27.47. The stock had a trading volume of 543,850 shares, compared to its average volume of 864,080. The business has a fifty day simple moving average of $24.30 and a two-hundred day simple moving average of $21.90. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 0.07. The firm has a market cap of $4.05 billion, a price-to-earnings ratio of 16.16 and a beta of 0.54. Laureate Education has a twelve month low of $14.45 and a twelve month high of $27.63.

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

Wall Street Analyst Weigh In

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

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.