New York State Teachers Retirement System lifted its position in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 5.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,986 shares of the company's stock after purchasing an additional 2,832 shares during the period. New York State Teachers Retirement System owned about 0.15% of Adtalem Global Education worth $5,177,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the company. Quantinno Capital Management LP raised its holdings in Adtalem Global Education by 4.3% in the third quarter. Quantinno Capital Management LP now owns 3,059 shares of the company's stock valued at $231,000 after acquiring an additional 126 shares in the last quarter. GAMMA Investing LLC raised its holdings in Adtalem Global Education by 13.8% in the fourth quarter. GAMMA Investing LLC now owns 1,464 shares of the company's stock valued at $133,000 after acquiring an additional 177 shares in the last quarter. Glenmede Trust Co. NA raised its holdings in Adtalem Global Education by 1.5% in the third quarter. Glenmede Trust Co. NA now owns 13,165 shares of the company's stock valued at $994,000 after acquiring an additional 192 shares in the last quarter. USA Financial Formulas acquired a new stake in Adtalem Global Education in the fourth quarter valued at $26,000. Finally, Ritholtz Wealth Management raised its holdings in Adtalem Global Education by 1.6% in the fourth quarter. Ritholtz Wealth Management now owns 21,247 shares of the company's stock valued at $1,930,000 after acquiring an additional 329 shares in the last quarter. 98.84% of the stock is owned by institutional investors and hedge funds.
Adtalem Global Education Stock Performance
ATGE stock traded up $0.47 during trading on Monday, hitting $98.14. 559,295 shares of the company's stock traded hands, compared to its average volume of 416,997. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.45. Adtalem Global Education Inc. has a 52 week low of $45.18 and a 52 week high of $112.43. The stock has a fifty day moving average price of $98.01 and a two-hundred day moving average price of $85.73. The stock has a market capitalization of $3.66 billion, a price-to-earnings ratio of 18.28, a price-to-earnings-growth ratio of 1.13 and a beta of 0.97.
Adtalem Global Education (NYSE:ATGE - Get Free Report) last released its quarterly earnings results on Thursday, January 30th. The company reported $1.81 EPS 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%. As a group, equities analysts anticipate that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.
Insider Transactions at Adtalem Global Education
In other Adtalem Global Education news, Director Donna J. Hrinak sold 4,812 shares of the company'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 completion of the sale, the director now directly owns 8,032 shares of the company's stock, valued at approximately $829,384.32. This represents a 37.46 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director William W. Burke sold 4,000 shares of the company's stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $90.39, for a total transaction of $361,560.00. Following the completion of the sale, the director now directly owns 11,659 shares of the company's stock, valued at $1,053,857.01. The trade was a 25.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 16,997 shares of company stock worth $1,747,608. Insiders own 2.00% of the company's stock.
Analyst Ratings Changes
ATGE has been the topic of several recent analyst reports. BMO Capital Markets upped their price target on shares of Adtalem Global Education from $108.00 to $115.00 and gave the company an "outperform" rating in a report on Monday, February 3rd. Barrington Research boosted their target price on shares of Adtalem Global Education from $115.00 to $120.00 and gave the company an "outperform" rating in a research note on Friday, January 31st. Finally, StockNews.com lowered shares of Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research note on Thursday, October 31st.
Read Our Latest Stock Report on Adtalem Global Education
About Adtalem Global Education
(
Free Report)
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.
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