Natixis Advisors LLC Has $1.09 Million Stock Holdings in Adtalem Global Education Inc. (NYSE:ATGE)

Natixis Advisors LLC grew its holdings in Adtalem Global Education Inc. (NYSE:ATGE) by 8.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,945 shares of the company’s stock after acquiring an additional 978 shares during the period. Natixis Advisors LLC’s holdings in Adtalem Global Education were worth $1,085,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of ATGE. Intech Investment Management LLC boosted its holdings in Adtalem Global Education by 94.3% in the third quarter. Intech Investment Management LLC now owns 18,043 shares of the company’s stock worth $1,362,000 after purchasing an additional 8,759 shares in the last quarter. Citigroup Inc. boosted its stake in shares of Adtalem Global Education by 61.0% during the 3rd quarter. Citigroup Inc. now owns 51,039 shares of the company’s stock worth $3,852,000 after acquiring an additional 19,337 shares in the last quarter. Cerity Partners LLC increased its holdings in shares of Adtalem Global Education by 19.1% during the 3rd quarter. Cerity Partners LLC now owns 6,895 shares of the company’s stock valued at $520,000 after acquiring an additional 1,105 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new position in shares of Adtalem Global Education in the 3rd quarter valued at approximately $123,000. Finally, Bank of Montreal Can lifted its holdings in Adtalem Global Education by 0.8% in the 3rd quarter. Bank of Montreal Can now owns 54,494 shares of the company’s stock worth $4,099,000 after purchasing an additional 450 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Insider Buying and Selling

In other Adtalem Global Education news, insider Michael Betz sold 3,500 shares of Adtalem Global Education stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $108.57, for a total transaction of $379,995.00. Following the sale, the insider now owns 16,881 shares in the company, valued at $1,832,770.17. The trade was a 17.17 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Donna J. Hrinak sold 4,812 shares of the stock in a transaction on Friday, February 14th. The shares were sold at an average price of $103.26, for a total transaction of $496,887.12. Following the completion of the transaction, the director now owns 8,032 shares of the company’s stock, valued at approximately $829,384.32. This represents a 37.46 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 12,997 shares of company stock valued at $1,386,048 over the last three months. 2.00% of the stock is owned by corporate insiders.

Adtalem Global Education Stock Down 1.4 %

ATGE opened at $101.89 on Wednesday. Adtalem Global Education Inc. has a 1-year low of $45.18 and a 1-year high of $112.44. The business has a 50 day moving average of $100.54 and a 200-day moving average of $89.29. The stock has a market capitalization of $3.80 billion, a price-to-earnings ratio of 18.97, a P/E/G ratio of 1.05 and a beta of 0.95. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.45.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings results on Thursday, January 30th. The company reported $1.81 earnings per share (EPS) for the quarter, topping 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, sell-side analysts anticipate that Adtalem Global Education Inc. will post 6.2 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have commented on ATGE. StockNews.com downgraded Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Tuesday, March 18th. BMO Capital Markets raised their target price 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. Finally, Barrington Research boosted their target price on shares of Adtalem Global Education from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st.

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.