Adtalem Global Education Inc. (NYSE:ATGE) is Farley Capital L.P.'s 5th Largest Position

Farley Capital L.P. lowered its holdings in Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 13.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 84,424 shares of the company's stock after selling 13,300 shares during the period. Adtalem Global Education makes up 6.5% of Farley Capital L.P.'s investment portfolio, making the stock its 5th largest position. Farley Capital L.P. owned about 0.23% of Adtalem Global Education worth $7,670,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Arizona State Retirement System increased its holdings in shares of Adtalem Global Education by 1.0% in the fourth quarter. Arizona State Retirement System now owns 10,939 shares of the company's stock worth $994,000 after buying an additional 110 shares during the period. Quantinno Capital Management LP increased its stake in Adtalem Global Education by 4.3% in the 3rd quarter. Quantinno Capital Management LP now owns 3,059 shares of the company's stock worth $231,000 after purchasing an additional 126 shares during the period. US Bancorp DE raised its holdings in shares of Adtalem Global Education by 4.8% during the fourth quarter. US Bancorp DE now owns 3,285 shares of the company's stock valued at $298,000 after acquiring an additional 151 shares in the last quarter. GAMMA Investing LLC lifted its stake in Adtalem Global Education by 13.8% in the fourth quarter. GAMMA Investing LLC now owns 1,464 shares of the company's stock worth $133,000 after acquiring an additional 177 shares during the period. Finally, Glenmede Trust Co. NA increased its position in Adtalem Global Education by 1.5% during the 3rd quarter. Glenmede Trust Co. NA now owns 13,165 shares of the company's stock valued at $994,000 after purchasing an additional 192 shares during the period. 98.84% of the stock is currently owned by institutional investors.

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Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. StockNews.com lowered shares of Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 18th. Barrington Research lifted their price target on Adtalem Global Education from $115.00 to $120.00 and gave the company an "outperform" rating in a research report on Friday, January 31st. Finally, BMO Capital Markets increased their price objective on Adtalem Global Education from $108.00 to $115.00 and gave the stock an "outperform" rating in a report on Monday, February 3rd.

Adtalem Global Education Stock Down 2.9 %

Adtalem Global Education stock traded down $2.91 during mid-day trading on Monday, hitting $99.19. The company had a trading volume of 148,849 shares, compared to its average volume of 424,362. Adtalem Global Education Inc. has a 12 month low of $45.18 and a 12 month high of $112.44. The company has a market capitalization of $3.70 billion, a PE ratio of 18.43, a price-to-earnings-growth ratio of 1.05 and a beta of 0.95. The stock's 50 day moving average price is $100.80 and its two-hundred day moving average price is $89.96. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.45.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last announced its quarterly earnings data on Thursday, January 30th. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $1.39 by $0.42. Adtalem Global Education had a net margin of 12.34% and a return on equity of 16.82%. As a group, sell-side analysts anticipate that Adtalem Global Education Inc. will post 6.2 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Adtalem Global Education news, Director Donna J. Hrinak sold 4,685 shares of the company's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $108.68, for a total transaction of $509,165.80. Following the transaction, the director now owns 12,844 shares in the company, valued at approximately $1,395,885.92. This represents a 26.73 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael Betz sold 3,500 shares of Adtalem Global Education stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $108.57, for a total transaction of $379,995.00. Following the completion of the sale, the insider now owns 16,881 shares of the company's stock, valued at $1,832,770.17. This represents a 17.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,997 shares of company stock worth $1,386,048 in the last three months. Insiders own 2.00% of the company's stock.

Adtalem Global Education Company Profile

Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three segments, Chamberlain, Walden, and Medical and Veterinary. The Chamberlain segment offers degree and non-degree programs in the nursing and health professions postsecondary education industry. This segment operates Chamberlain University.