Fort L.P. bought a new position in shares of Adtalem Global Education Inc (NYSE:ATGE) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 1,139 shares of the company’s stock, valued at approximately $54,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ATGE. Penserra Capital Management LLC acquired a new position in shares of Adtalem Global Education during the 4th quarter worth about $28,000. Enlightenment Research LLC acquired a new position in shares of Adtalem Global Education during the 4th quarter worth about $76,000. Bank of Montreal Can boosted its position in shares of Adtalem Global Education by 17.8% during the 4th quarter. Bank of Montreal Can now owns 2,681 shares of the company’s stock worth $126,000 after acquiring an additional 405 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Adtalem Global Education by 772.5% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,792 shares of the company’s stock worth $134,000 after acquiring an additional 2,472 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Adtalem Global Education by 11.3% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,218 shares of the company’s stock worth $200,000 after acquiring an additional 429 shares in the last quarter. 94.96% of the stock is owned by hedge funds and other institutional investors.

Adtalem Global Education stock opened at $48.84 on Friday. Adtalem Global Education Inc has a fifty-two week low of $43.50 and a fifty-two week high of $58.80. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $2.78 billion, a PE ratio of 17.57, a PEG ratio of 1.27 and a beta of 0.85.

Adtalem Global Education (NYSE:ATGE) last posted its earnings results on Thursday, February 7th. The company reported $0.74 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.74. Adtalem Global Education had a return on equity of 11.41% and a net margin of 8.70%. The business had revenue of $316.60 million during the quarter, compared to the consensus estimate of $318.95 million. During the same period in the previous year, the business earned $0.76 EPS. The business’s quarterly revenue was up 2.7% on a year-over-year basis. On average, equities research analysts expect that Adtalem Global Education Inc will post 2.86 EPS for the current year.

Several research analysts have recently issued reports on the company. Zacks Investment Research cut Adtalem Global Education from a “buy” rating to a “hold” rating in a research report on Thursday, January 3rd. Barrington Research reaffirmed a “buy” rating and set a $62.00 price objective on shares of Adtalem Global Education in a research report on Wednesday, January 9th. Finally, ValuEngine cut Adtalem Global Education from a “buy” rating to a “hold” rating in a research report on Thursday, March 7th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Adtalem Global Education currently has a consensus rating of “Buy” and an average target price of $58.60.

In other news, Director James D. White sold 2,936 shares of the business’s stock in a transaction dated Tuesday, February 19th. The stock was sold at an average price of $49.03, for a total value of $143,952.08. Following the completion of the sale, the director now directly owns 6,523 shares of the company’s stock, valued at approximately $319,822.69. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Carlos Filgueiras sold 3,205 shares of the business’s stock in a transaction dated Wednesday, February 13th. The shares were sold at an average price of $48.22, for a total value of $154,545.10. Following the completion of the sale, the insider now directly owns 11,775 shares of the company’s stock, valued at $567,790.50. The disclosure for this sale can be found here. 1.91% of the stock is currently owned by insiders.

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Adtalem Global Education Profile

Adtalem Global Education Inc provides educational services worldwide. It operates through three segments: Medical and Healthcare, Professional Education, and Technology and Business. The Medical and Healthcare segment operates Chamberlain University, which provides a pre-licensure bachelor's degree in nursing at 21 campus locations and post-licensure bachelor's, master's, and doctorate degree programs in nursing through its online platform; and operates medical and veterinary schools, including American University of the Caribbean School of Medicine, Ross University School of Medicine, and Ross University School of Veterinary Medicine.

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

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