15,031 Shares in Adtalem Global Education Inc. (NYSE:ATGE) Acquired by Integrated Quantitative Investments LLC

Integrated Quantitative Investments LLC acquired a new position in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 15,031 shares of the company's stock, valued at approximately $1,366,000. Adtalem Global Education makes up about 0.7% of Integrated Quantitative Investments LLC's portfolio, making the stock its 24th biggest holding.

A number of other hedge funds have also made changes to their positions in the business. USA Financial Formulas acquired a new stake in shares of Adtalem Global Education in the 4th quarter valued at about $26,000. R Squared Ltd acquired a new stake in shares of Adtalem Global Education in the fourth quarter valued at approximately $70,000. Parkside Financial Bank & Trust grew its position in shares of Adtalem Global Education by 4,850.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 792 shares of the company's stock worth $72,000 after acquiring an additional 776 shares during the last quarter. Smartleaf Asset Management LLC increased its holdings in shares of Adtalem Global Education by 196.9% in 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 raised its position in Adtalem Global Education by 13.8% in the 4th quarter. GAMMA Investing LLC now owns 1,464 shares of the company's stock valued at $133,000 after purchasing an additional 177 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Barrington Research upped their target price on shares of Adtalem Global Education from $115.00 to $120.00 and gave the company an "outperform" rating in a report on Friday, January 31st. StockNews.com lowered Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 18th. Finally, BMO Capital Markets increased their price target on Adtalem Global Education from $108.00 to $115.00 and gave the stock an "outperform" rating in a report on Monday, February 3rd.

Insiders Place Their Bets

In other news, Director Donna J. Hrinak sold 4,812 shares of the stock in a transaction that occurred 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 sale, the director now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael Betz sold 3,500 shares of the firm'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 transaction of $379,995.00. Following the transaction, the insider now directly owns 16,881 shares of the company's stock, valued at approximately $1,832,770.17. This trade represents a 17.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 12,997 shares of company stock worth $1,386,048. 2.00% of the stock is owned by corporate insiders.

Adtalem Global Education Stock Performance

Shares of ATGE stock traded up $0.35 during trading hours on Wednesday, reaching $99.12. 244,596 shares of the company's stock were exchanged, compared to its average volume of 430,027. The company's 50 day moving average is $101.04 and its two-hundred day moving average is $91.35. Adtalem Global Education Inc. has a 1 year low of $45.18 and a 1 year high of $112.44. The company has a market cap of $3.69 billion, a P/E ratio of 18.25, a price-to-earnings-growth ratio of 1.05 and a beta of 0.91. 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 issued its earnings results on Thursday, January 30th. The company reported $1.81 earnings per share 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%. Equities research analysts anticipate that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Adtalem Global Education Company 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.