Dupont Capital Management Corp bought a new stake in Adtalem Global Education Inc (NYSE:ATGE) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 14,329 shares of the company’s stock, valued at approximately $678,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in ATGE. BlackRock Inc. boosted its position in shares of Adtalem Global Education by 1.5% during the 3rd quarter. BlackRock Inc. now owns 6,688,604 shares of the company’s stock valued at $322,391,000 after purchasing an additional 96,315 shares in the last quarter. Vanguard Group Inc. boosted its position in shares of Adtalem Global Education by 1.2% during the 3rd quarter. Vanguard Group Inc. now owns 5,336,713 shares of the company’s stock valued at $257,230,000 after purchasing an additional 62,165 shares in the last quarter. Vanguard Group Inc boosted its position in shares of Adtalem Global Education by 1.2% during the 3rd quarter. Vanguard Group Inc now owns 5,336,713 shares of the company’s stock valued at $257,230,000 after purchasing an additional 62,165 shares in the last quarter. William Blair Investment Management LLC boosted its position in shares of Adtalem Global Education by 7.4% during the 3rd quarter. William Blair Investment Management LLC now owns 4,880,594 shares of the company’s stock valued at $235,245,000 after purchasing an additional 338,066 shares in the last quarter. Finally, Wedge Capital Management L L P NC boosted its position in shares of Adtalem Global Education by 52.9% during the 3rd quarter. Wedge Capital Management L L P NC now owns 2,695,797 shares of the company’s stock valued at $129,937,000 after purchasing an additional 932,920 shares in the last quarter. Hedge funds and other institutional investors own 99.65% of the company’s stock.

Shares of ATGE opened at $48.24 on Thursday. Adtalem Global Education Inc has a one year low of $43.50 and a one year high of $58.80. The stock has a market capitalization of $2.76 billion, a price-to-earnings ratio of 17.35, a PEG ratio of 1.26 and a beta of 0.94. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.20.

Adtalem Global Education (NYSE:ATGE) last announced its earnings results on Thursday, February 7th. The company reported $0.74 EPS for the quarter, hitting the consensus estimate of $0.74. Adtalem Global Education had a net margin of 8.70% and a return on equity of 11.41%. The company had revenue of $316.60 million during the quarter, compared to analysts’ expectations of $318.95 million. During the same period last year, the company posted $0.76 earnings per share. The business’s revenue for the quarter was up 2.7% on a year-over-year basis. As a group, analysts anticipate that Adtalem Global Education Inc will post 2.86 earnings per share for the current fiscal year.

Several research firms have recently weighed in on ATGE. BMO Capital Markets raised their price objective on shares of Adtalem Global Education from $52.00 to $58.00 and gave the company an “outperform” rating in a research report on Monday, November 5th. Robert W. Baird raised their target price on shares of Adtalem Global Education from $52.00 to $54.00 and gave the stock a “neutral” rating in a report on Friday, November 2nd. Piper Jaffray Companies raised their target price on shares of Adtalem Global Education to $63.00 and gave the stock an “overweight” rating in a report on Friday, November 2nd. Zacks Investment Research upgraded shares of Adtalem Global Education from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 17th. Finally, Barrington Research reiterated a “buy” rating and issued a $62.00 target price on shares of Adtalem Global Education in a report on Wednesday, January 9th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $58.60.

In other Adtalem Global Education news, insider Donna Jennings sold 6,950 shares of the firm’s stock in a transaction dated Friday, November 30th. The shares were sold at an average price of $57.83, for a total value of $401,918.50. Following the completion of the transaction, the insider now directly owns 19,080 shares in the company, valued at $1,103,396.40. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 1.91% of the company’s stock.

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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.

Further Reading: Compound Annual Growth Rate (CAGR)

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

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