Amundi lifted its position in Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 184.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,906 shares of the company's stock after acquiring an additional 12,271 shares during the period. Amundi owned 0.05% of Adtalem Global Education worth $1,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of the business. USA Financial Formulas purchased a new stake in shares of Adtalem Global Education during the 4th quarter valued at approximately $26,000. Meeder Asset Management Inc. purchased a new stake in Adtalem Global Education in the third quarter valued at $27,000. R Squared Ltd acquired a new position in shares of Adtalem Global Education in the 4th quarter valued at $70,000. Parkside Financial Bank & Trust lifted its stake in shares of Adtalem Global Education by 4,850.0% in the 4th quarter. Parkside Financial Bank & Trust now owns 792 shares of the company's stock valued at $72,000 after purchasing an additional 776 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Adtalem Global Education by 196.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 956 shares of the company's stock worth $86,000 after purchasing an additional 634 shares during the period. Institutional investors and hedge funds own 98.84% of the company's stock.
Analyst Upgrades and Downgrades
A number of research firms have commented on ATGE. StockNews.com cut shares of Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research report on Tuesday. BMO Capital Markets upped their target price on shares of Adtalem Global Education from $108.00 to $115.00 and gave the stock an "outperform" rating in a research note on Monday, February 3rd. Finally, Barrington Research upped their price objective on Adtalem Global Education from $115.00 to $120.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st.
Get Our Latest Stock Report on Adtalem Global Education
Adtalem Global Education Stock Up 0.1 %
Adtalem Global Education stock traded up $0.11 during trading on Friday, reaching $98.85. The stock had a trading volume of 859,732 shares, compared to its average volume of 407,159. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.45. Adtalem Global Education Inc. has a 52-week low of $45.18 and a 52-week high of $112.44. The stock has a market cap of $3.68 billion, a PE ratio of 18.41, a P/E/G ratio of 1.05 and a beta of 0.95. The business has a 50 day moving average price of $100.10 and a 200 day moving average price of $88.47.
Adtalem Global Education (NYSE:ATGE - Get Free Report) last released its quarterly earnings data on Thursday, January 30th. The company reported $1.81 earnings per share (EPS) for the quarter, topping 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%. On average, analysts predict that Adtalem Global Education Inc. will post 6.2 EPS for the current year.
Insider Transactions at Adtalem Global Education
In related news, insider Michael Betz sold 3,500 shares of the stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $108.57, for a total value of $379,995.00. Following the transaction, the insider now directly owns 16,881 shares of the company's stock, valued at $1,832,770.17. This trade represents a 17.17 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Donna J. Hrinak sold 4,812 shares of Adtalem Global Education stock in a transaction on Friday, February 14th. The stock was sold at an average price of $103.26, for a total transaction of $496,887.12. Following the sale, the director now owns 8,032 shares in the company, valued at $829,384.32. This represents a 37.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 12,997 shares of company stock valued at $1,386,048. 2.00% of the stock is currently owned by corporate insiders.
About Adtalem Global Education
(
Free Report)
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.
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