Pacer Advisors Inc. Sells 663,995 Shares of Adtalem Global Education Inc. (NYSE:ATGE)

Pacer Advisors Inc. trimmed its position in Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 99.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,111 shares of the company's stock after selling 663,995 shares during the quarter. Pacer Advisors Inc.'s holdings in Adtalem Global Education were worth $65,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Comerica Bank raised its holdings in shares of Adtalem Global Education by 580.3% during the 3rd quarter. Comerica Bank now owns 122,427 shares of the company's stock valued at $5,246,000 after buying an additional 104,431 shares during the period. Campbell & CO Investment Adviser LLC purchased a new stake in shares of Adtalem Global Education during the 3rd quarter valued at about $653,000. Deutsche Bank AG grew its stake in Adtalem Global Education by 11.9% during the 3rd quarter. Deutsche Bank AG now owns 27,583 shares of the company's stock valued at $1,182,000 after purchasing an additional 2,936 shares in the last quarter. Illinois Municipal Retirement Fund acquired a new stake in Adtalem Global Education during the 3rd quarter valued at approximately $1,060,000. Finally, Cambria Investment Management L.P. grew its stake in Adtalem Global Education by 7.0% during the 3rd quarter. Cambria Investment Management L.P. now owns 205,025 shares of the company's stock valued at $8,785,000 after purchasing an additional 13,475 shares in the last quarter. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Adtalem Global Education Stock Performance

Adtalem Global Education stock traded down $0.10 during mid-day trading on Friday, hitting $50.62. 303,287 shares of the company's stock traded hands, compared to its average volume of 362,141. The firm has a 50 day moving average price of $49.47 and a 200 day moving average price of $52.30. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.51. The company has a market cap of $1.98 billion, a PE ratio of 18.54, a price-to-earnings-growth ratio of 0.73 and a beta of 0.92. Adtalem Global Education Inc. has a one year low of $33.59 and a one year high of $62.99.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last posted its quarterly earnings data on Wednesday, January 31st. The company reported $1.23 EPS for the quarter, topping analysts' consensus estimates of $1.00 by $0.23. Adtalem Global Education had a return on equity of 13.05% and a net margin of 7.93%. The company had revenue of $393.24 million for the quarter, compared to the consensus estimate of $372.79 million. During the same quarter in the previous year, the business earned $1.17 EPS. The company's quarterly revenue was up 8.4% compared to the same quarter last year. On average, equities analysts forecast that Adtalem Global Education Inc. will post 4.64 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on ATGE shares. StockNews.com lowered Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, February 7th. Barrington Research lifted their target price on Adtalem Global Education from $55.00 to $65.00 and gave the stock an "outperform" rating in a research report on Friday, January 19th. Four analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $56.67.

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.