Duality Advisers LP decreased its position in shares of Adtalem Global Education Inc. (NYSE:ATGE – Get Rating) by 59.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,413 shares of the company’s stock after selling 13,581 shares during the quarter. Duality Advisers LP’s holdings in Adtalem Global Education were worth $334,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. Royal Bank of Canada lifted its position in Adtalem Global Education by 65.2% during the third quarter. Royal Bank of Canada now owns 727 shares of the company’s stock worth $27,000 after purchasing an additional 287 shares during the period. US Bancorp DE lifted its holdings in shares of Adtalem Global Education by 76.7% in the first quarter. US Bancorp DE now owns 1,786 shares of the company’s stock worth $53,000 after acquiring an additional 775 shares during the last quarter. Captrust Financial Advisors increased its stake in shares of Adtalem Global Education by 210.5% in the first quarter. Captrust Financial Advisors now owns 2,881 shares of the company’s stock valued at $86,000 after buying an additional 1,953 shares during the period. Gladius Capital Management LP acquired a new position in shares of Adtalem Global Education in the fourth quarter valued at approximately $87,000. Finally, Quantbot Technologies LP acquired a new position in shares of Adtalem Global Education in the first quarter valued at approximately $101,000.
Analyst Upgrades and Downgrades
ATGE has been the subject of several recent research reports. StockNews.com raised Adtalem Global Education from a “buy” rating to a “strong-buy” rating in a research note on Thursday. Barrington Research reaffirmed an “outperform” rating and issued a $48.00 price objective on shares of Adtalem Global Education in a research note on Friday, February 3rd. Finally, TheStreet raised Adtalem Global Education from a “c+” rating to a “b-” rating in a research note on Wednesday.
Adtalem Global Education Stock Down 1.1 %
Adtalem Global Education stock opened at $41.65 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.14 and a current ratio of 1.22. Adtalem Global Education Inc. has a 52-week low of $29.61 and a 52-week high of $44.40. The firm has a 50 day moving average price of $38.74 and a two-hundred day moving average price of $38.95. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of 23.80, a PEG ratio of 0.68 and a beta of 1.02.
Adtalem Global Education (NYSE:ATGE – Get Rating) last released its quarterly earnings results on Tuesday, May 2nd. The company reported $1.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.21. The firm had revenue of $369.10 million during the quarter, compared to analyst estimates of $354.47 million. Adtalem Global Education had a net margin of 5.54% and a return on equity of 13.67%. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.87 EPS. Equities analysts predict that Adtalem Global Education Inc. will post 4.15 EPS for the current year.
Adtalem Global Education Company Profile
Adtalem Global Education, Inc engages in the provision of workforce solutions. It operates through the following 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.
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