Russell Investments Group Ltd. Increases Holdings in Adtalem Global Education Inc. (NYSE:ATGE)

Russell Investments Group Ltd. grew its position in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 200.5% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 55,360 shares of the company's stock after acquiring an additional 36,937 shares during the period. Russell Investments Group Ltd. owned about 0.15% of Adtalem Global Education worth $5,029,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. USA Financial Formulas bought a new position in Adtalem Global Education in the fourth quarter worth $26,000. R Squared Ltd purchased a new stake in shares of Adtalem Global Education in the 4th quarter worth about $70,000. Parkside Financial Bank & Trust increased 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 worth $72,000 after acquiring an additional 776 shares in the last quarter. Smartleaf Asset Management LLC lifted its position in Adtalem Global Education by 196.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 956 shares of the company's stock valued at $86,000 after acquiring an additional 634 shares during the period. Finally, GAMMA Investing LLC boosted its stake in Adtalem Global Education by 13.8% during 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 in the last quarter. Institutional investors own 98.84% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. StockNews.com cut Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, March 18th. Barrington Research reaffirmed an "outperform" rating and issued a $120.00 price target on shares of Adtalem Global Education in a research report on Tuesday. Finally, BMO Capital Markets increased their price objective on shares of Adtalem Global Education from $108.00 to $115.00 and gave the company an "outperform" rating in a research report on Monday, February 3rd.

Insider Transactions at Adtalem Global Education

In other Adtalem Global Education news, Director Donna J. Hrinak sold 4,812 shares of the firm's stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $103.26, for a total value of $496,887.12. Following the transaction, the director now directly owns 8,032 shares of the company's stock, valued at approximately $829,384.32. This trade represents a 37.46 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Michael Betz sold 3,500 shares of the company's stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $108.57, for a total transaction of $379,995.00. Following the sale, the insider now directly owns 16,881 shares of the company's stock, valued at $1,832,770.17. The trade was a 17.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,997 shares of company stock worth $1,386,048 in the last ninety days. Insiders own 2.00% of the company's stock.

Adtalem Global Education Stock Performance

ATGE traded down $0.66 during midday trading on Friday, hitting $106.04. 434,523 shares of the company traded hands, compared to its average volume of 436,181. The company's 50-day moving average is $100.78 and its 200 day moving average is $92.98. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $3.95 billion, a PE ratio of 19.75, a price-to-earnings-growth ratio of 1.05 and a beta of 0.91. Adtalem Global Education Inc. has a 52 week low of $45.93 and a 52 week high of $112.44.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last issued its quarterly earnings data on Thursday, January 30th. The company reported $1.81 earnings per share for the quarter, beating analysts' consensus estimates 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, research analysts expect that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

Adtalem Global Education 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.