Strs Ohio Has $328,000 Holdings in Adtalem Global Education Inc. (NYSE:ATGE)

Strs Ohio trimmed its position in shares of Adtalem Global Education Inc. (NYSE:ATGEGet Rating) by 45.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 9,000 shares of the company’s stock after selling 7,600 shares during the period. Strs Ohio’s holdings in Adtalem Global Education were worth $328,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Ariel Investments LLC grew its stake in Adtalem Global Education by 12.2% during the first quarter. Ariel Investments LLC now owns 5,641,162 shares of the company’s stock worth $167,599,000 after buying an additional 611,402 shares in the last quarter. Vanguard Group Inc. grew its stake in Adtalem Global Education by 2.2% during the first quarter. Vanguard Group Inc. now owns 5,303,942 shares of the company’s stock worth $157,581,000 after buying an additional 115,954 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in Adtalem Global Education by 1,102.1% in the 2nd quarter. Goldman Sachs Group Inc. now owns 922,481 shares of the company’s stock valued at $33,182,000 after purchasing an additional 845,743 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in Adtalem Global Education by 15.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 766,756 shares of the company’s stock valued at $22,781,000 after buying an additional 100,977 shares in the last quarter. Finally, Invesco Ltd. grew its stake in shares of Adtalem Global Education by 51.4% during the first quarter. Invesco Ltd. now owns 435,433 shares of the company’s stock worth $12,936,000 after buying an additional 147,758 shares during the last quarter.

Analyst Upgrades and Downgrades

ATGE has been the subject of several research analyst reports. TheStreet downgraded shares of Adtalem Global Education from a “b-” rating to a “c+” rating in a report on Thursday, December 29th. StockNews.com upgraded shares of Adtalem Global Education from a “buy” rating to a “strong-buy” rating in a report on Tuesday, December 6th. BMO Capital Markets upped their price target on shares of Adtalem Global Education from $44.00 to $46.00 and gave the stock a “market perform” rating in a report on Monday, November 7th. Finally, Barrington Research upped their price target on shares of Adtalem Global Education from $46.00 to $48.00 in a report on Friday, November 4th.

Adtalem Global Education Stock Up 0.7 %

Shares of NYSE:ATGE opened at $36.69 on Friday. The firm has a market cap of $1.67 billion, a P/E ratio of 4.78, a P/E/G ratio of 0.62 and a beta of 1.02. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 0.49. Adtalem Global Education Inc. has a 12-month low of $19.14 and a 12-month high of $44.40. The business has a fifty day simple moving average of $38.05 and a 200 day simple moving average of $38.39.

Adtalem Global Education (NYSE:ATGEGet Rating) last announced its earnings results on Thursday, November 3rd. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.17. The business had revenue of $354.56 million during the quarter, compared to analyst estimates of $353.41 million. Adtalem Global Education had a return on equity of 12.53% and a net margin of 26.01%. Adtalem Global Education’s revenue for the quarter was up 22.7% compared to the same quarter last year. During the same period last year, the company earned $0.62 EPS. Analysts predict that Adtalem Global Education Inc. will post 4.04 earnings per share for the current year.

Insider Buying and Selling

In other news, CMO Maurice Herrera sold 2,800 shares of Adtalem Global Education stock in a transaction dated Thursday, December 15th. The stock was sold at an average price of $36.85, for a total value of $103,180.00. Following the completion of the transaction, the chief marketing officer now directly owns 27,606 shares of the company’s stock, valued at approximately $1,017,281.10. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CMO Maurice Herrera sold 2,800 shares of the business’s stock in a transaction dated Thursday, December 15th. The stock was sold at an average price of $36.85, for a total value of $103,180.00. Following the transaction, the chief marketing officer now directly owns 27,606 shares of the company’s stock, valued at approximately $1,017,281.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lisa W. Wardell sold 30,564 shares of the business’s stock in a transaction dated Monday, November 7th. The shares were sold at an average price of $43.17, for a total value of $1,319,447.88. Following the completion of the transaction, the director now directly owns 319,974 shares in the company, valued at $13,813,277.58. The disclosure for this sale can be found here. 3.30% of the stock is owned by corporate insiders.

Adtalem Global Education Company Profile

(Get Rating)

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.

See Also

Want to see what other hedge funds are holding ATGE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Adtalem Global Education Inc. (NYSE:ATGEGet Rating).

Institutional Ownership by Quarter for Adtalem Global Education (NYSE:ATGE)

Receive News & Ratings for Adtalem Global Education Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Adtalem Global Education and related companies with MarketBeat.com's FREE daily email newsletter.