4,338 Shares in Adtalem Global Education Inc. (NYSE:ATGE) Acquired by Vestcor Inc

Vestcor Inc bought a new position in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,338 shares of the company's stock, valued at approximately $394,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Swiss National Bank boosted its position in shares of Adtalem Global Education by 1.0% during the 4th quarter. Swiss National Bank now owns 74,100 shares of the company's stock worth $6,732,000 after purchasing an additional 700 shares in the last quarter. Wealthfront Advisers LLC acquired a new position in Adtalem Global Education during the 4th quarter worth approximately $5,621,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in Adtalem Global Education by 23.4% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 11,751 shares of the company's stock worth $1,068,000 after acquiring an additional 2,229 shares in the last quarter. TradeLink Capital LLC acquired a new stake in Adtalem Global Education in the fourth quarter valued at approximately $532,000. Finally, Amundi increased its holdings in shares of Adtalem Global Education by 184.9% during the fourth quarter. Amundi now owns 18,906 shares of the company's stock valued at $1,785,000 after acquiring an additional 12,271 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company's stock.

Insider Buying and Selling at Adtalem Global Education

In related news, Director Donna J. Hrinak sold 4,685 shares of the stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $108.68, for a total transaction of $509,165.80. Following the completion of the transaction, the director now owns 12,844 shares in the company, valued at approximately $1,395,885.92. This represents a 26.73 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Michael Betz sold 3,500 shares of Adtalem Global Education stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $108.57, for a total transaction of $379,995.00. Following the completion of the sale, the insider now directly owns 16,881 shares in the company, valued at approximately $1,832,770.17. This represents a 17.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 12,997 shares of company stock worth $1,386,048 in the last quarter. 2.00% of the stock is currently owned by company insiders.

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Adtalem Global Education Stock Up 0.1 %

Adtalem Global Education stock traded up $0.11 during midday trading on Friday, hitting $98.85. 872,045 shares of the stock were exchanged, compared to its average volume of 407,207. Adtalem Global Education Inc. has a 52-week low of $45.18 and a 52-week high of $112.44. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.45. The business's 50-day moving average price is $100.10 and its 200-day moving average price is $88.47. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 18.41, a price-to-earnings-growth ratio of 1.05 and a beta of 0.95.

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

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Barrington Research lifted their price objective 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. BMO Capital Markets lifted their price target on Adtalem Global Education from $108.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday, February 3rd. Finally, StockNews.com downgraded Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research note on Tuesday.

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.