Charles Schwab Investment Management Inc. Has $44.54 Million Stock Holdings in Adtalem Global Education Inc. (NYSE:ATGE)

Charles Schwab Investment Management Inc. trimmed its position in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 2.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 590,019 shares of the company's stock after selling 13,259 shares during the period. Charles Schwab Investment Management Inc. owned about 1.57% of Adtalem Global Education worth $44,535,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of ATGE. SummerHaven Investment Management LLC lifted its stake in shares of Adtalem Global Education by 1.2% in the 2nd quarter. SummerHaven Investment Management LLC now owns 19,687 shares of the company's stock valued at $1,343,000 after purchasing an additional 233 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in shares of Adtalem Global Education by 1.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 21,162 shares of the company's stock worth $1,443,000 after acquiring an additional 283 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Adtalem Global Education during the 3rd quarter valued at about $27,000. GAMMA Investing LLC raised its stake in shares of Adtalem Global Education by 116.7% in the 2nd quarter. GAMMA Investing LLC now owns 804 shares of the company's stock valued at $55,000 after acquiring an additional 433 shares in the last quarter. Finally, Clear Creek Financial Management LLC raised its stake in shares of Adtalem Global Education by 3.3% in the 3rd quarter. Clear Creek Financial Management LLC now owns 13,817 shares of the company's stock valued at $1,043,000 after acquiring an additional 439 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. StockNews.com cut Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research report on Thursday, October 31st. Barrington Research upped their price target on Adtalem Global Education from $90.00 to $95.00 and gave the stock an "outperform" rating in a report on Wednesday, October 30th. Finally, BMO Capital Markets raised their price objective on shares of Adtalem Global Education from $84.00 to $90.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 30th.

Adtalem Global Education Trading Up 0.1 %

ATGE traded up $0.10 during midday trading on Monday, reaching $91.51. 520,934 shares of the company were exchanged, compared to its average volume of 462,863. The stock has a market capitalization of $3.43 billion, a P/E ratio of 20.76, a PEG ratio of 1.03 and a beta of 0.95. Adtalem Global Education Inc. has a one year low of $43.78 and a one year high of $92.93. The stock's 50-day simple moving average is $80.19 and its 200 day simple moving average is $73.97. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.94 and a current ratio of 0.94.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last posted its earnings results on Tuesday, October 29th. The company reported $1.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.12 by $0.17. The business had revenue of $417.40 million during the quarter, compared to analysts' expectations of $397.48 million. Adtalem Global Education had a return on equity of 15.63% and a net margin of 10.55%. Adtalem Global Education's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same period in the prior year, the business earned $0.93 EPS. As a group, analysts forecast that Adtalem Global Education Inc. will post 5.89 earnings per share for the current fiscal year.

Insider Buying and Selling at Adtalem Global Education

In related news, Director Lisa W. Wardell sold 7,292 shares of the business's stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $72.10, for a total value of $525,753.20. Following the completion of the sale, the director now directly owns 105,085 shares in the company, valued at $7,576,628.50. The trade was a 6.49 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director William W. Burke sold 4,000 shares of the firm's stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $90.39, for a total transaction of $361,560.00. Following the transaction, the director now directly owns 11,659 shares in the company, valued at $1,053,857.01. This represents a 25.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 31,228 shares of company stock worth $2,358,989 over the last ninety days. 2.00% of the stock is currently owned by corporate insiders.

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.