Natixis Advisors LLC Acquires New Holdings in Adtalem Global Education Inc. (NYSE:ATGE)

Natixis Advisors LLC bought a new position in Adtalem Global Education Inc. (NYSE:ATGE - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 10,967 shares of the company's stock, valued at approximately $828,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GHE LLC acquired a new position in shares of Adtalem Global Education during the 3rd quarter worth about $283,000. 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 buying an additional 19,026 shares during the last quarter. Versor Investments LP boosted its position in shares of Adtalem Global Education by 50.2% in the third quarter. Versor Investments LP now owns 24,489 shares of the company's stock valued at $1,848,000 after acquiring an additional 8,189 shares during the period. Peregrine Asset Advisers Inc. grew its stake in shares of Adtalem Global Education by 33.5% in the third quarter. Peregrine Asset Advisers Inc. now owns 85,123 shares of the company's stock worth $6,425,000 after acquiring an additional 21,373 shares during the last quarter. Finally, Crossmark Global Holdings Inc. acquired a new stake in shares of Adtalem Global Education in the third quarter worth $219,000. Institutional investors and hedge funds own 98.84% of the company's stock.

Analyst Upgrades and Downgrades

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

Adtalem Global Education Price Performance

Shares of ATGE stock traded down $0.68 during mid-day trading on Thursday, reaching $90.75. The company's stock had a trading volume of 223,971 shares, compared to its average volume of 463,744. The firm's 50-day moving average is $79.21 and its two-hundred day moving average is $73.43. The company has a market cap of $3.40 billion, a P/E ratio of 20.77, a PEG ratio of 1.04 and a beta of 0.95. Adtalem Global Education Inc. has a 1-year low of $43.78 and a 1-year high of $92.93. 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 announced its quarterly earnings results on Tuesday, October 29th. The company reported $1.29 EPS for the quarter, topping analysts' consensus estimates of $1.12 by $0.17. The firm had revenue of $417.40 million during the quarter, compared to analysts' expectations of $397.48 million. Adtalem Global Education had a net margin of 10.55% and a return on equity of 15.63%. The company's revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.93 earnings per share. On average, research analysts predict that Adtalem Global Education Inc. will post 5.89 earnings per share for the current year.

Insider Activity at Adtalem Global Education

In other Adtalem Global Education news, Director Lisa W. Wardell sold 7,292 shares of the 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 transaction, the director now directly owns 105,085 shares in the company, valued at approximately $7,576,628.50. This trade represents a 6.49 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 55,529 shares of company stock valued at $4,140,946 over the last ninety days. 2.00% of the stock is owned by 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.