5,683 Shares in Adtalem Global Education Inc. (NYSE:ATGE) Purchased by Gladstone Institutional Advisory LLC

Gladstone Institutional Advisory LLC purchased a new position in Adtalem Global Education Inc. (NYSE:ATGE) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 5,683 shares of the company’s stock, valued at approximately $516,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Assenagon Asset Management S.A. lifted its holdings in Adtalem Global Education by 511.9% during the third quarter. Assenagon Asset Management S.A. now owns 78,828 shares of the company’s stock valued at $5,950,000 after purchasing an additional 65,945 shares during the last quarter. Edgestream Partners L.P. bought a new stake in shares of Adtalem Global Education during the third quarter valued at about $2,314,000. Calamos Advisors LLC purchased a new stake in shares of Adtalem Global Education in the fourth quarter worth about $2,530,000. State Street Corp boosted its position in shares of Adtalem Global Education by 1.6% in the third quarter. State Street Corp now owns 1,525,748 shares of the company’s stock valued at $115,163,000 after acquiring an additional 23,464 shares during the period. Finally, Peregrine Asset Advisers Inc. boosted its position 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 valued at $6,425,000 after acquiring an additional 21,373 shares during the period. 98.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Adtalem Global Education

In other news, Director Donna J. Hrinak sold 4,685 shares of Adtalem Global Education stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $108.68, for a total value of $509,165.80. Following the sale, the director now directly owns 12,844 shares in the company, valued at approximately $1,395,885.92. This trade represents a 26.73 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William W. Burke sold 4,000 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $90.39, for a total value of $361,560.00. Following the transaction, the director now owns 11,659 shares of the company’s stock, valued at approximately $1,053,857.01. This represents a 25.54 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 12,185 shares of company stock worth $1,250,721 over the last ninety days. Insiders own 2.00% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on ATGE shares. StockNews.com lowered shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 31st. BMO Capital Markets increased their price objective 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. Finally, Barrington Research boosted their target price on Adtalem Global Education from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st.

Adtalem Global Education Stock Up 0.1 %

ATGE stock opened at $103.44 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.45. The company’s 50 day moving average is $96.37 and its 200 day moving average is $84.41. The stock has a market cap of $3.85 billion, a price-to-earnings ratio of 19.26, a price-to-earnings-growth ratio of 1.17 and a beta of 0.97. Adtalem Global Education Inc. has a 1-year low of $45.16 and a 1-year high of $112.43.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings data on Thursday, January 30th. The company reported $1.81 earnings per share 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%. Sell-side analysts predict that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Adtalem Global Education Company 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.