2,404 Shares in Adtalem Global Education Inc. (NYSE:ATGE) Bought by Vontobel Holding Ltd.

Vontobel Holding Ltd. bought a new position in shares of Adtalem Global Education Inc. (NYSE:ATGE) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 2,404 shares of the company’s stock, valued at approximately $218,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. USA Financial Formulas purchased a new stake in Adtalem Global Education during the 4th quarter valued at about $26,000. Meeder Asset Management Inc. purchased a new stake in Adtalem Global Education during the 3rd quarter valued at about $27,000. R Squared Ltd purchased a new stake in Adtalem Global Education during the 4th quarter valued at about $70,000. Harvest Fund Management Co. Ltd purchased a new stake in Adtalem Global Education during the 3rd quarter valued at about $123,000. Finally, GAMMA Investing LLC grew its stake in Adtalem Global Education by 13.8% during the 4th 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 last quarter. 98.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Michael Betz sold 3,500 shares of the company’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $108.57, for a total value of $379,995.00. Following the completion of the transaction, the insider now owns 16,881 shares of the company’s stock, valued at approximately $1,832,770.17. This represents a 17.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Donna J. Hrinak sold 4,812 shares of the company’s stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $103.26, for a total value of $496,887.12. Following the completion of the transaction, the director now directly owns 8,032 shares of the company’s stock, valued at $829,384.32. The trade was a 37.46 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 16,997 shares of company stock valued at $1,747,608. 2.00% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ATGE. Barrington Research boosted their price target on Adtalem Global Education from $115.00 to $120.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. StockNews.com downgraded Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research note on Thursday, October 31st. Finally, BMO Capital Markets boosted their price target on 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 Stock Performance

Shares of ATGE stock opened at $97.66 on Friday. The stock has a market cap of $3.64 billion, a PE ratio of 18.19, a price-to-earnings-growth ratio of 1.15 and a beta of 0.97. The business has a 50-day simple moving average of $97.88 and a 200-day simple moving average of $85.35. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.45. Adtalem Global Education Inc. has a 52-week low of $45.18 and a 52-week high of $112.43.

Adtalem Global Education (NYSE:ATGE) last issued its quarterly earnings data on Thursday, January 30th. The company reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.42. Adtalem Global Education had a return on equity of 16.82% and a net margin of 12.34%. On average, equities analysts expect that Adtalem Global Education Inc. will post 6.2 EPS for the current year.

Adtalem Global Education Company 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.