Yousif Capital Management LLC Sells 451 Shares of Adtalem Global Education Inc. (NYSE:ATGE)

Yousif Capital Management LLC lowered its position in Adtalem Global Education Inc. (NYSE:ATGE) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,255 shares of the company’s stock after selling 451 shares during the period. Yousif Capital Management LLC’s holdings in Adtalem Global Education were worth $1,295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. USA Financial Formulas purchased a new stake in shares of Adtalem Global Education in the fourth quarter worth approximately $26,000. Meeder Asset Management Inc. bought a new position in Adtalem Global Education in the 3rd quarter valued at $27,000. R Squared Ltd purchased a new stake in Adtalem Global Education in the fourth quarter worth $70,000. Harvest Fund Management Co. Ltd bought a new stake in shares of Adtalem Global Education during the third quarter worth $123,000. Finally, GAMMA Investing LLC boosted its stake in shares of Adtalem Global Education by 13.8% during the fourth quarter. GAMMA Investing LLC now owns 1,464 shares of the company’s stock valued at $133,000 after purchasing an additional 177 shares during the period. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Insiders Place Their Bets

In other Adtalem Global Education news, insider Michael Betz sold 3,500 shares of the firm’s stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $108.57, for a total value of $379,995.00. Following the completion of the sale, the insider now directly owns 16,881 shares in the company, valued at $1,832,770.17. This trade represents a 17.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Donna J. Hrinak sold 4,685 shares of Adtalem Global Education stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $108.68, for a total transaction of $509,165.80. Following the completion of the transaction, the director now directly owns 12,844 shares in the company, valued at $1,395,885.92. This represents a 26.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 12,185 shares of company stock worth $1,250,721 over the last 90 days. Company insiders own 2.00% of the company’s stock.

Adtalem Global Education Stock Performance

ATGE stock opened at $103.23 on Friday. Adtalem Global Education Inc. has a 1-year low of $45.16 and a 1-year high of $112.43. The business has a 50-day moving average price of $96.13 and a 200 day moving average price of $84.24. The company has a market capitalization of $3.85 billion, a P/E ratio of 19.22, a PEG ratio of 1.17 and a beta of 0.97. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.06 and a quick ratio of 1.06.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings results on Thursday, January 30th. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $1.39 by $0.42. Adtalem Global Education had a net margin of 12.34% and a return on equity of 16.82%. As a group, equities research analysts forecast that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on ATGE. Barrington Research raised their price target on shares of Adtalem Global Education from $115.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. StockNews.com downgraded shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 31st. Finally, BMO Capital Markets lifted their price target on shares of Adtalem Global Education from $108.00 to $115.00 and gave the company an “outperform” rating in a research note on Monday, February 3rd.

Adtalem Global Education Profile

Adtalem Global Education Inc provides workforce solutions worldwide. It operates through three 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. This segment operates Chamberlain University.