8,400 Shares in Adtalem Global Education Inc. (NYSE:ATGE) Bought by Teza Capital Management LLC

Teza Capital Management LLC purchased a new stake in Adtalem Global Education Inc. (NYSE:ATGEFree Report) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 8,400 shares of the company’s stock, valued at approximately $360,000.

A number of other hedge funds have also added to or reduced their stakes in ATGE. Ariel Investments LLC grew its holdings in shares of Adtalem Global Education by 12.2% during the 1st quarter. Ariel Investments LLC now owns 5,641,162 shares of the company’s stock worth $167,599,000 after acquiring an additional 611,402 shares during the period. Vanguard Group Inc. lifted its position 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 valued at $157,581,000 after buying an additional 115,954 shares during the period. State Street Corp lifted its position in Adtalem Global Education by 1.8% during the first quarter. State Street Corp now owns 1,575,281 shares of the company’s stock valued at $60,837,000 after buying an additional 27,748 shares during the period. Fuller & Thaler Asset Management Inc. grew its position in shares of Adtalem Global Education by 26.9% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 1,212,467 shares of the company’s stock worth $51,954,000 after buying an additional 257,182 shares during the period. Finally, Alliancebernstein L.P. grew its position in shares of Adtalem Global Education by 4.3% in the 2nd quarter. Alliancebernstein L.P. now owns 1,189,393 shares of the company’s stock worth $40,844,000 after buying an additional 48,976 shares during the period. 95.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ATGE. Barrington Research boosted their price objective on shares of Adtalem Global Education from $55.00 to $65.00 and gave the stock an “outperform” rating in a research note on Friday, January 19th. StockNews.com downgraded Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, February 7th. Four analysts have rated the stock with a buy rating, Based on data from MarketBeat, Adtalem Global Education has an average rating of “Buy” and a consensus price target of $56.67.

Get Our Latest Analysis on Adtalem Global Education

Adtalem Global Education Stock Down 1.3 %

Shares of Adtalem Global Education stock opened at $48.22 on Wednesday. The company has a 50-day simple moving average of $53.84 and a two-hundred day simple moving average of $51.25. The stock has a market capitalization of $1.89 billion, a PE ratio of 17.66, a price-to-earnings-growth ratio of 0.71 and a beta of 0.92. Adtalem Global Education Inc. has a 52-week low of $33.59 and a 52-week high of $62.99. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.95 and a current ratio of 0.95.

Adtalem Global Education (NYSE:ATGEGet Free Report) last announced its quarterly earnings data on Wednesday, January 31st. The company reported $1.23 earnings per share for the quarter, topping analysts’ consensus estimates of $1.00 by $0.23. Adtalem Global Education had a net margin of 7.93% and a return on equity of 13.05%. The company had revenue of $393.24 million during the quarter, compared to analyst estimates of $372.79 million. During the same period in the previous year, the business earned $1.17 EPS. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. On average, analysts anticipate that Adtalem Global Education Inc. will post 4.64 EPS for the current fiscal year.

Insider Transactions at Adtalem Global Education

In related news, CMO Maurice Herrera sold 4,200 shares of the stock in a transaction on Friday, December 8th. The stock was sold at an average price of $60.00, for a total transaction of $252,000.00. Following the sale, the chief marketing officer now directly owns 24,519 shares of the company’s stock, valued at $1,471,140. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.20% of the company’s stock.

Adtalem Global Education 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.

See Also

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

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