LSV Asset Management Has $73.26 Million Holdings in Adtalem Global Education Inc. (NYSE:ATGE)

LSV Asset Management trimmed its holdings in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 7.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 806,400 shares of the company's stock after selling 63,100 shares during the period. LSV Asset Management owned approximately 2.16% of Adtalem Global Education worth $73,261,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. USA Financial Formulas acquired a new position in shares of Adtalem Global Education in the 4th quarter valued at about $26,000. R Squared Ltd purchased a new stake in Adtalem Global Education in the 4th quarter worth approximately $70,000. Parkside Financial Bank & Trust boosted its stake in shares of Adtalem Global Education by 4,850.0% during the 4th quarter. Parkside Financial Bank & Trust now owns 792 shares of the company's stock valued at $72,000 after buying an additional 776 shares during the period. 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 valued at $86,000 after acquiring an additional 634 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of 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. 98.84% of the stock is owned by hedge funds and other institutional investors.

Adtalem Global Education Stock Up 1.6 %

Shares of ATGE stock traded up $1.72 on Tuesday, hitting $106.38. 375,660 shares of the stock were exchanged, compared to its average volume of 432,810. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $3.96 billion, a P/E ratio of 19.81, a price-to-earnings-growth ratio of 1.05 and a beta of 0.91. Adtalem Global Education Inc. has a fifty-two week low of $45.18 and a fifty-two week high of $112.44. The business has a 50-day moving average of $100.88 and a 200 day moving average of $92.36.

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Adtalem Global Education (NYSE:ATGE - Get Free Report) last issued its quarterly 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 analysts anticipate that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

Insider Buying and Selling

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 shares were 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 $829,384.32. This trade represents a 37.46 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Michael Betz sold 3,500 shares of the 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 sale, the insider now owns 16,881 shares in the company, valued at $1,832,770.17. This represents a 17.17 % decrease in their position. 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. Insiders own 2.00% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on ATGE shares. StockNews.com downgraded shares of Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, March 18th. BMO Capital Markets increased their target price on Adtalem Global Education from $108.00 to $115.00 and gave the stock an "outperform" rating in a report on Monday, February 3rd. Finally, Barrington Research reissued an "outperform" rating and set a $120.00 price objective on shares of Adtalem Global Education in a report on Tuesday.

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.