Adtalem Global Education Inc. (NYSE:ATGE) Stake Raised by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL boosted its stake in Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 2.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 132,806 shares of the company's stock after buying an additional 3,240 shares during the quarter. Tudor Investment Corp ET AL owned approximately 0.36% of Adtalem Global Education worth $12,065,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Boston Partners purchased a new position in Adtalem Global Education during the fourth quarter worth about $35,990,000. Neumeier Poma Investment Counsel LLC grew its stake in shares of Adtalem Global Education by 59.2% in the fourth quarter. Neumeier Poma Investment Counsel LLC now owns 405,530 shares of the company's stock valued at $36,842,000 after buying an additional 150,835 shares in the last quarter. Norges Bank acquired a new stake in shares of Adtalem Global Education during the fourth quarter worth about $11,157,000. Pier Capital LLC acquired a new position in shares of Adtalem Global Education in the fourth quarter worth $9,114,000. Finally, Corient Private Wealth LLC increased its stake in shares of Adtalem Global Education by 1,907.5% during the fourth quarter. Corient Private Wealth LLC now owns 96,077 shares of the company's stock worth $8,729,000 after buying an additional 91,291 shares during the period. Hedge funds and other institutional investors own 98.84% of the company's stock.

Adtalem Global Education Price Performance

Shares of NYSE:ATGE traded up $7.38 on Friday, reaching $114.62. 791,199 shares of the company were exchanged, compared to its average volume of 438,983. The firm has a market cap of $4.27 billion, a price-to-earnings ratio of 21.34, a price-to-earnings-growth ratio of 1.05 and a beta of 0.86. Adtalem Global Education Inc. has a 1-year low of $59.35 and a 1-year high of $114.71. The company has a 50-day moving average of $101.41 and a 200-day moving average of $95.51. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.45.

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

Analysts Set New Price Targets

A number of equities analysts recently issued reports on ATGE shares. Jefferies Financial Group started coverage on Adtalem Global Education in a report on Wednesday, April 23rd. They issued a "buy" rating and a $135.00 price target for the company. StockNews.com cut shares of Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 18th. Barrington Research reiterated an "outperform" rating and set a $120.00 price target on shares of Adtalem Global Education in a research note on Tuesday, April 15th. Finally, BMO Capital Markets upped their price objective on shares of Adtalem Global Education from $108.00 to $115.00 and gave the company an "outperform" rating in a research note on Monday, February 3rd.

Insider Transactions at Adtalem Global Education

In other Adtalem Global Education news, Director Donna J. Hrinak sold 4,685 shares of the stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $108.68, for a total transaction of $509,165.80. Following the transaction, the director now owns 12,844 shares of the company's stock, valued at $1,395,885.92. This represents a 26.73 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Michael Betz sold 3,500 shares of Adtalem Global Education stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $108.57, for a total value of $379,995.00. Following the completion of the sale, the insider now directly owns 16,881 shares of the company's stock, valued at approximately $1,832,770.17. This represents a 17.17 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 12,997 shares of company stock valued at $1,386,048 in the last ninety days. Corporate insiders own 2.00% of the company's stock.

Adtalem Global Education 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.