SG Americas Securities LLC grew its position in Adtalem Global Education Inc (NYSE:ATGE) by 2,168.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,155 shares of the company’s stock after buying an additional 89,048 shares during the period. SG Americas Securities LLC owned 0.17% of Adtalem Global Education worth $3,548,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of ATGE. Marshall Wace North America L.P. purchased a new stake in shares of Adtalem Global Education in the 1st quarter valued at approximately $56,000. WINTON GROUP Ltd boosted its position in shares of Adtalem Global Education by 13.2% during the 2nd quarter. WINTON GROUP Ltd now owns 10,525 shares of the company’s stock worth $474,000 after purchasing an additional 1,224 shares during the period. Unigestion Holding SA boosted its position in shares of Adtalem Global Education by 120.6% during the 2nd quarter. Unigestion Holding SA now owns 76,872 shares of the company’s stock worth $3,463,000 after purchasing an additional 42,025 shares during the period. Oregon Public Employees Retirement Fund boosted its position in shares of Adtalem Global Education by 1.4% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 24,067 shares of the company’s stock worth $1,084,000 after purchasing an additional 330 shares during the period. Finally, Foundry Partners LLC boosted its position in shares of Adtalem Global Education by 10.5% during the 2nd quarter. Foundry Partners LLC now owns 328,050 shares of the company’s stock worth $14,779,000 after purchasing an additional 31,192 shares during the period. 98.75% of the stock is owned by institutional investors and hedge funds.

Shares of NYSE:ATGE traded up $0.63 during mid-day trading on Tuesday, reaching $32.62. 7,949 shares of the company were exchanged, compared to its average volume of 739,089. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.11 and a quick ratio of 1.11. The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 11.59, a P/E/G ratio of 1.03 and a beta of 0.82. The firm’s 50-day simple moving average is $35.70 and its 200 day simple moving average is $42.94. Adtalem Global Education Inc has a 1 year low of $27.58 and a 1 year high of $58.80.

Adtalem Global Education (NYSE:ATGE) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.12). Adtalem Global Education had a net margin of 9.84% and a return on equity of 11.44%. The business had revenue of $254.60 million during the quarter, compared to analysts’ expectations of $301.66 million. During the same period in the prior year, the business earned $0.45 EPS. The business’s quarterly revenue was up 7.5% on a year-over-year basis. On average, research analysts forecast that Adtalem Global Education Inc will post 2.46 earnings per share for the current fiscal year.

In other Adtalem Global Education news, insider Patrick J. Unzicker sold 2,297 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The shares were sold at an average price of $45.40, for a total value of $104,283.80. Following the completion of the transaction, the insider now owns 32,908 shares of the company’s stock, valued at approximately $1,494,023.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.46% of the company’s stock.

A number of equities analysts recently weighed in on the stock. Robert W. Baird set a $42.00 price objective on shares of Adtalem Global Education and gave the stock a “hold” rating in a research report on Monday, October 21st. Sidoti assumed coverage on shares of Adtalem Global Education in a research report on Thursday, September 12th. They set a “buy” rating for the company. Barrington Research reaffirmed a “buy” rating on shares of Adtalem Global Education in a research report on Thursday, October 31st. TheStreet cut shares of Adtalem Global Education from a “b-” rating to a “c” rating in a research report on Tuesday, October 29th. Finally, BMO Capital Markets increased their price objective on shares of Adtalem Global Education from $50.00 to $55.00 and gave the stock an “outperform” rating in a research report on Friday, August 23rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. Adtalem Global Education currently has an average rating of “Hold” and an average price target of $49.75.

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.

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

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