XTX Topco Ltd acquired a new stake in shares of Adtalem Global Education Inc. (NYSE:ATGE - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 10,582 shares of the company's stock, valued at approximately $961,000.
A number of other institutional investors have also recently made changes to their positions in ATGE. USA Financial Formulas purchased a new stake in shares of Adtalem Global Education in the fourth quarter worth about $26,000. R Squared Ltd bought a new stake in Adtalem Global Education in the 4th quarter worth approximately $70,000. Parkside Financial Bank & Trust raised its holdings 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 worth $72,000 after acquiring an additional 776 shares in the last quarter. Smartleaf Asset Management LLC boosted its position 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 during the last quarter. Finally, Sterling Capital Management LLC grew its holdings in shares of Adtalem Global Education by 774.8% in the fourth quarter. Sterling Capital Management LLC now owns 971 shares of the company's stock valued at $88,000 after purchasing an additional 860 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company's stock.
Adtalem Global Education Trading Down 0.6 %
Shares of ATGE traded down $0.66 during midday trading on Friday, hitting $106.04. The stock had a trading volume of 434,523 shares, compared to its average volume of 436,655. The stock's 50 day moving average is $100.78 and its 200 day moving average is $93.11. The firm has a market cap of $3.95 billion, a PE ratio of 19.75, a price-to-earnings-growth ratio of 1.05 and a beta of 0.91. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.06 and a quick ratio of 1.06. Adtalem Global Education Inc. has a 1 year low of $46.18 and a 1 year high of $112.44.
Adtalem Global Education (NYSE:ATGE - Get Free Report) last posted its quarterly earnings data 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 net margin of 12.34% and a return on equity of 16.82%. As a group, analysts forecast that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the stock. StockNews.com downgraded shares of Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 18th. Barrington Research restated an "outperform" rating and set a $120.00 target price on shares of Adtalem Global Education in a research report on Tuesday, April 15th. Finally, BMO Capital Markets lifted their price target on Adtalem Global Education from $108.00 to $115.00 and gave the stock an "outperform" rating in a research report on Monday, February 3rd.
View Our Latest Research Report on ATGE
Insider Buying and Selling
In related news, Director Donna J. Hrinak sold 4,685 shares of Adtalem Global Education 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 sale, the director now owns 12,844 shares in the company, valued at $1,395,885.92. This trade represents a 26.73 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Michael Betz sold 3,500 shares of the company's 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 transaction, the insider now owns 16,881 shares in the company, valued at $1,832,770.17. This represents a 17.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 12,997 shares of company stock valued at $1,386,048. Insiders own 2.00% of the company's stock.
Adtalem Global Education Company Profile
(
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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