New York State Common Retirement Fund Purchases 12,042 Shares of Adtalem Global Education Inc. (NYSE:ATGE)

New York State Common Retirement Fund raised its holdings in Adtalem Global Education Inc. (NYSE:ATGE - Free Report) by 65.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,498 shares of the company's stock after purchasing an additional 12,042 shares during the quarter. New York State Common Retirement Fund owned approximately 0.08% of Adtalem Global Education worth $1,798,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Blue Trust Inc. lifted its holdings in Adtalem Global Education by 41.4% during the 4th quarter. Blue Trust Inc. now owns 1,042 shares of the company's stock worth $61,000 after buying an additional 305 shares in the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Adtalem Global Education by 19.6% during the fourth quarter. Daiwa Securities Group Inc. now owns 1,280 shares of the company's stock valued at $75,000 after acquiring an additional 210 shares during the period. Skandinaviska Enskilda Banken AB publ bought a new position in Adtalem Global Education in the third quarter valued at about $56,000. Center for Financial Planning Inc. increased its position in Adtalem Global Education by 50.3% in the fourth quarter. Center for Financial Planning Inc. now owns 1,910 shares of the company's stock worth $113,000 after purchasing an additional 639 shares during the period. Finally, Trust Investment Advisors bought a new stake in Adtalem Global Education during the 4th quarter worth about $205,000. Institutional investors own 98.84% of the company's stock.

Adtalem Global Education Trading Down 0.8 %

Adtalem Global Education stock traded down $0.50 during midday trading on Thursday, hitting $64.01. 480,216 shares of the stock were exchanged, compared to its average volume of 524,911. The stock has a market capitalization of $2.41 billion, a PE ratio of 24.06, a P/E/G ratio of 0.82 and a beta of 0.92. The company has a fifty day simple moving average of $50.54 and a two-hundred day simple moving average of $53.44. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.49. Adtalem Global Education Inc. has a 52 week low of $33.59 and a 52 week high of $65.00.

Adtalem Global Education (NYSE:ATGE - Get Free Report) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $1.50 earnings per share for the quarter, topping analysts' consensus estimates of $1.16 by $0.34. The company had revenue of $412.70 million for the quarter, compared to analysts' expectations of $391.68 million. Adtalem Global Education had a net margin of 7.12% and a return on equity of 14.06%. The business's quarterly revenue was up 11.8% compared to the same quarter last year. During the same period last year, the firm posted $1.13 earnings per share. Equities research analysts anticipate that Adtalem Global Education Inc. will post 4.9 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on ATGE shares. Robert W. Baird lifted their price target on shares of Adtalem Global Education from $65.00 to $70.00 and gave the stock an "outperform" rating in a research report on Friday, May 3rd. Barrington Research upped their target price on shares of Adtalem Global Education from $65.00 to $70.00 and gave the company an "outperform" rating in a research report on Friday, May 3rd. Finally, StockNews.com lowered Adtalem Global Education from a "strong-buy" rating to a "buy" rating in a research report on Wednesday, February 7th.

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.