New York State Common Retirement Fund bought a new position in Adtalem Global Education Inc (NASDAQ:ATGE) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 285,618 shares of the company’s stock, valued at approximately $10,839,000. New York State Common Retirement Fund owned 0.46% of Adtalem Global Education as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the company. Columbia Partners L L C Investment Management acquired a new stake in shares of Adtalem Global Education in the 2nd quarter worth $2,152,000. PNC Financial Services Group Inc. acquired a new stake in shares of Adtalem Global Education in the 2nd quarter worth $998,000. ProShare Advisors LLC acquired a new stake in shares of Adtalem Global Education in the 2nd quarter worth $371,000. Profund Advisors LLC acquired a new stake in shares of Adtalem Global Education in the 2nd quarter worth $320,000. Finally, Amalgamated Bank acquired a new stake in shares of Adtalem Global Education in the 2nd quarter worth $333,000.

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Several analysts recently commented on ATGE shares. Zacks Investment Research upgraded shares of Adtalem Global Education from a “sell” rating to a “hold” rating in a research note on Friday, July 7th. BMO Capital Markets reiterated a “market perform” rating and issued a $35.00 price objective (down previously from $40.00) on shares of Adtalem Global Education in a research note on Monday, August 21st.

In other news, insider Eric P. Dirst sold 3,114 shares of the company’s stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $34.06, for a total value of $106,062.84. Following the transaction, the insider now owns 14,800 shares in the company, valued at approximately $504,088. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Susan Groenwald sold 5,887 shares of the company’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $33.80, for a total value of $198,980.60. Following the completion of the transaction, the insider now owns 30,582 shares in the company, valued at approximately $1,033,671.60. The disclosure for this sale can be found here. Insiders have sold 11,328 shares of company stock valued at $384,138 over the last ninety days.

Adtalem Global Education Inc (ATGE) opened at 36.00 on Friday. The firm’s 50-day moving average is $37.74 and its 200 day moving average is $34.81. Adtalem Global Education Inc has a 12-month low of $21.97 and a 12-month high of $40.70. The stock has a market capitalization of $2.23 billion and a P/E ratio of 18.85.

Adtalem Global Education (NASDAQ:ATGE) last posted its quarterly earnings data on Thursday, August 17th. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.09. Adtalem Global Education had a net margin of 9.76% and a return on equity of 10.35%. The company had revenue of $451.50 million during the quarter, compared to analyst estimates of $452.77 million. During the same period in the prior year, the firm earned $0.65 earnings per share. The business’s quarterly revenue was down 4.3% on a year-over-year basis. Equities research analysts anticipate that Adtalem Global Education Inc will post $2.88 earnings per share for the current year.

Adtalem Global Education 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 Adtalem Global Education (NASDAQ:ATGE)

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