Adtalem Global Education Inc. (NYSE:ATGE) Shares Bought by Peregrine Asset Advisers Inc.

Peregrine Asset Advisers Inc. raised its position in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 33.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 85,123 shares of the company's stock after acquiring an additional 21,373 shares during the quarter. Adtalem Global Education makes up about 2.2% of Peregrine Asset Advisers Inc.'s holdings, making the stock its 9th largest holding. Peregrine Asset Advisers Inc. owned 0.23% of Adtalem Global Education worth $6,425,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ATGE. Vanguard Group Inc. boosted its position in Adtalem Global Education by 2.3% in the 1st quarter. Vanguard Group Inc. now owns 4,422,158 shares of the company's stock valued at $227,299,000 after buying an additional 100,705 shares during the period. Ariel Investments LLC grew its holdings in Adtalem Global Education by 11.1% during the 1st quarter. Ariel Investments LLC now owns 3,079,317 shares of the company's stock worth $158,277,000 after acquiring an additional 306,699 shares in the last quarter. Pacer Advisors Inc. increased its position in shares of Adtalem Global Education by 81,701.2% in the 2nd quarter. Pacer Advisors Inc. now owns 1,330,088 shares of the company's stock valued at $90,725,000 after purchasing an additional 1,328,462 shares during the last quarter. LSV Asset Management raised its holdings in shares of Adtalem Global Education by 2,360.6% in the 2nd quarter. LSV Asset Management now owns 644,666 shares of the company's stock valued at $43,973,000 after purchasing an additional 618,466 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its position in shares of Adtalem Global Education by 34.3% during the 2nd quarter. Renaissance Technologies LLC now owns 186,800 shares of the company's stock worth $12,742,000 after purchasing an additional 47,700 shares during the last quarter. 98.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

ATGE has been the subject of several research analyst reports. BMO Capital Markets increased their price objective on Adtalem Global Education from $84.00 to $90.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th. StockNews.com downgraded Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research note on Thursday, October 31st. Finally, Barrington Research raised their price objective on Adtalem Global Education from $90.00 to $95.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th.

Insider Activity at Adtalem Global Education

In other news, Director Lisa W. Wardell sold 7,292 shares of the company's stock in a transaction dated Thursday, September 12th. The stock was sold at an average price of $72.10, for a total value of $525,753.20. Following the transaction, the director now owns 105,085 shares in the company, valued at $7,576,628.50. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Adtalem Global Education news, Director Lisa W. Wardell sold 7,292 shares of Adtalem Global Education stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $72.10, for a total transaction of $525,753.20. Following the sale, the director now owns 105,085 shares in the company, valued at $7,576,628.50. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Lisa W. Wardell sold 19,936 shares of the stock in a transaction that occurred on Wednesday, September 4th. The stock was sold at an average price of $73.82, for a total value of $1,471,675.52. Following the completion of the transaction, the director now directly owns 105,085 shares of the company's stock, valued at approximately $7,757,374.70. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 81,110 shares of company stock valued at $6,074,681 over the last ninety days. Insiders own 2.00% of the company's stock.

Adtalem Global Education Stock Down 0.4 %

ATGE stock traded down $0.32 during mid-day trading on Monday, hitting $90.91. 171,622 shares of the company were exchanged, compared to its average volume of 467,842. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.47. The company has a market capitalization of $3.41 billion, a PE ratio of 20.88, a price-to-earnings-growth ratio of 1.03 and a beta of 0.95. Adtalem Global Education Inc. has a twelve month low of $43.78 and a twelve month high of $92.93. The firm has a fifty day simple moving average of $75.23 and a 200 day simple moving average of $70.71.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last announced its quarterly earnings results on Tuesday, October 29th. The company reported $1.29 earnings per share for the quarter, topping analysts' consensus estimates of $1.12 by $0.17. Adtalem Global Education had a return on equity of 15.63% and a net margin of 10.55%. The business had revenue of $417.40 million for the quarter, compared to analysts' expectations of $397.48 million. During the same period in the prior year, the firm earned $0.93 EPS. The business's quarterly revenue was up 13.2% on a year-over-year basis. On average, research analysts forecast that Adtalem Global Education Inc. will post 5.9 earnings per share for the current fiscal year.

About Adtalem Global Education

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.