Corient Private Wealth LLC Boosts Stock Holdings in Adtalem Global Education Inc. (NYSE:ATGE)

Corient Private Wealth LLC raised its holdings in Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 1,907.5% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 96,077 shares of the company's stock after purchasing an additional 91,291 shares during the quarter. Corient Private Wealth LLC owned 0.26% of Adtalem Global Education worth $8,729,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Atria Investments Inc boosted its position in Adtalem Global Education by 32.6% during the 3rd quarter. Atria Investments Inc now owns 4,721 shares of the company's stock worth $356,000 after buying an additional 1,162 shares during the period. Victory Capital Management Inc. lifted its holdings in shares of Adtalem Global Education by 130.1% during the third quarter. Victory Capital Management Inc. now owns 33,650 shares of the company's stock worth $2,540,000 after purchasing an additional 19,026 shares during the period. Natixis Advisors LLC acquired a new position in shares of Adtalem Global Education during the third quarter worth $828,000. Quest Partners LLC increased its holdings in Adtalem Global Education by 173.4% in the third quarter. Quest Partners LLC now owns 14,204 shares of the company's stock valued at $1,072,000 after purchasing an additional 9,008 shares during the period. Finally, Meeder Asset Management Inc. bought a new position in Adtalem Global Education during the 3rd quarter worth $27,000. Institutional investors own 98.84% of the company's stock.

Wall Street Analysts Forecast Growth

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

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Adtalem Global Education Trading Down 1.4 %

Shares of NYSE:ATGE traded down $1.40 during mid-day trading on Tuesday, hitting $101.89. The company had a trading volume of 324,072 shares, compared to its average volume of 407,760. The company has a market capitalization of $3.80 billion, a PE ratio of 18.97, a price-to-earnings-growth ratio of 1.05 and a beta of 0.95. Adtalem Global Education Inc. has a one year low of $45.18 and a one year high of $112.44. The firm has a fifty day moving average price of $100.42 and a 200 day moving average price of $89.06. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.06 and a quick ratio of 1.06.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The company reported $1.81 earnings per share for the quarter, topping analysts' consensus estimates of $1.39 by $0.42. Adtalem Global Education had a return on equity of 16.82% and a net margin of 12.34%. As a group, research analysts forecast that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

Insider Buying and Selling

In other news, insider Michael Betz sold 3,500 shares of the business's stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $108.57, for a total value of $379,995.00. Following the transaction, the insider now owns 16,881 shares in the company, valued at $1,832,770.17. The trade was a 17.17 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Donna J. Hrinak sold 4,812 shares of the company's stock in a transaction on Friday, February 14th. The shares were sold at an average price of $103.26, for a total value of $496,887.12. Following the completion of the transaction, the director now owns 8,032 shares of the company's stock, valued at $829,384.32. This trade represents a 37.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,997 shares of company stock worth $1,386,048 in the last quarter. Insiders own 2.00% of the company's stock.

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.