Trexquant Investment LP Buys 35,360 Shares of Adtalem Global Education Inc. (NYSE:ATGE)

Trexquant Investment LP raised its holdings in Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 68.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 86,738 shares of the company's stock after acquiring an additional 35,360 shares during the period. Trexquant Investment LP owned about 0.23% of Adtalem Global Education worth $7,880,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in Adtalem Global Education by 1.8% in the 4th quarter. Vanguard Group Inc. now owns 4,593,345 shares of the company's stock valued at $417,305,000 after acquiring an additional 82,931 shares in the last quarter. State Street Corp lifted its stake in Adtalem Global Education by 1.6% in the 3rd quarter. State Street Corp now owns 1,525,748 shares of the company's stock valued at $115,163,000 after purchasing an additional 23,464 shares during the last quarter. Wellington Management Group LLP boosted its holdings in shares of Adtalem Global Education by 0.7% during the third quarter. Wellington Management Group LLP now owns 994,292 shares of the company's stock worth $75,049,000 after acquiring an additional 6,842 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in Adtalem Global Education by 0.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 679,289 shares of the company's stock valued at $61,713,000 after purchasing an additional 3,908 shares during the period. Finally, Neumeier Poma Investment Counsel LLC boosted its position in shares of Adtalem Global Education by 59.2% in the fourth quarter. Neumeier Poma Investment Counsel LLC now owns 405,530 shares of the company's stock valued at $36,842,000 after acquiring an additional 150,835 shares during the period. 98.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In other Adtalem Global Education news, insider Michael Betz sold 3,500 shares of the company's stock in a transaction on Thursday, February 6th. The shares were 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 of the company's stock, valued at approximately $1,832,770.17. This represents a 17.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Donna J. Hrinak sold 4,812 shares of the stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $103.26, for a total value of $496,887.12. Following the sale, the director now owns 8,032 shares of the company's stock, valued at approximately $829,384.32. The trade was a 37.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,997 shares of company stock valued at $1,386,048 over the last ninety days. 2.00% of the stock is owned by company insiders.

Adtalem Global Education Trading Up 7.8 %

Shares of Adtalem Global Education stock traded up $7.72 on Wednesday, hitting $106.49. The stock had a trading volume of 983,915 shares, compared to its average volume of 433,194. Adtalem Global Education Inc. has a twelve month low of $45.18 and a twelve month high of $112.44. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market capitalization of $3.97 billion, a P/E ratio of 19.83, a PEG ratio of 1.05 and a beta of 0.91. The stock has a 50 day moving average of $101.11 and a 200 day moving average of $91.66.

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

About Adtalem Global Education

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.