Columbia Partners L L C Investment Management trimmed its position in shares of DeVry Education Group Inc. (NYSE:ATGE) by 16.0% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,622 shares of the company’s stock after selling 9,090 shares during the quarter. Columbia Partners L L C Investment Management owned 0.08% of DeVry Education Group worth $1,707,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Northwestern Mutual Investment Management Company LLC acquired a new position in shares of DeVry Education Group during the second quarter worth approximately $174,000. GHP Investment Advisors Inc. acquired a new position in shares of DeVry Education Group during the second quarter worth approximately $202,000. Tower Research Capital LLC TRC acquired a new position in shares of DeVry Education Group during the second quarter worth approximately $223,000. Shelton Capital Management acquired a new position in shares of DeVry Education Group during the second quarter worth approximately $224,000. Finally, Parametrica Management Ltd acquired a new position in shares of DeVry Education Group during the second quarter worth approximately $232,000.

A number of equities research analysts recently commented on ATGE shares. BMO Capital Markets reissued a “market perform” rating and issued a $35.00 price target (down from $40.00) on shares of DeVry Education Group in a research report on Monday, August 21st. ValuEngine lowered DeVry Education Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research lowered DeVry Education Group from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Finally, BidaskClub raised DeVry Education Group from a “hold” rating to a “buy” rating in a research report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $37.50.

COPYRIGHT VIOLATION NOTICE: “Columbia Partners L L C Investment Management Lowers Stake in DeVry Education Group Inc. (ATGE)” was originally reported by Watch List News and is the property of of Watch List News. If you are viewing this story on another site, it was stolen and republished in violation of international copyright and trademark law. The legal version of this story can be viewed at https://www.watchlistnews.com/columbia-partners-l-l-c-investment-management-lowers-stake-in-devry-education-group-inc-atge/1712165.html.

DeVry Education Group Inc. (NYSE:ATGE) traded up $0.05 during midday trading on Friday, reaching $38.30. The company had a trading volume of 356,090 shares, compared to its average volume of 617,783. The stock has a market cap of $2,310.00, a price-to-earnings ratio of 14.20, a P/E/G ratio of 1.17 and a beta of 0.95. DeVry Education Group Inc. has a twelve month low of $27.50 and a twelve month high of $40.70. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.20 and a quick ratio of 1.20.

DeVry Education Group (NYSE:ATGE) last released its quarterly earnings results on Thursday, November 2nd. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.16). The company had revenue of $421.03 million during the quarter, compared to analysts’ expectations of $428.00 million. DeVry Education Group had a net margin of 6.17% and a return on equity of 10.24%. The company’s quarterly revenue was down 6.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.45 earnings per share. research analysts anticipate that DeVry Education Group Inc. will post 2.84 EPS for the current fiscal year.

In other news, insider Susan Groenwald sold 5,887 shares of the firm’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $33.80, for a total transaction of $198,980.60. Following the completion of the sale, the insider now directly owns 30,582 shares of the company’s stock, valued at approximately $1,033,671.60. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, insider Carlos Filgueiras sold 2,325 shares of the firm’s stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $36.92, for a total value of $85,839.00. Following the sale, the insider now directly owns 11,832 shares of the company’s stock, valued at $436,837.44. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,653 shares of company stock valued at $469,977. Insiders own 3.04% of the company’s stock.

DeVry Education Group Company Profile

Adtalem Global Education Inc, formerly DeVry Education Group Inc (DeVry Group) is a global provider of educational services. DeVry Group’s focuses on empowering its students to achieve their educational and career goals. DeVry Group’s institutions offer a range of programs in healthcare, technology, business, accounting, finance and law.

Institutional Ownership by Quarter for DeVry Education Group (NYSE:ATGE)

Receive News & Ratings for DeVry Education Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DeVry Education Group Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.