Versor Investments LP Has $838,000 Stock Position in Adtalem Global Education Inc. (NYSE:ATGE)

Versor Investments LP lowered its stake in Adtalem Global Education Inc. (NYSE:ATGE) by 62.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 9,222 shares of the company’s stock after selling 15,267 shares during the period. Versor Investments LP’s holdings in Adtalem Global Education were worth $838,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of ATGE. New York State Teachers Retirement System grew its stake in Adtalem Global Education by 1.2% in the 3rd quarter. New York State Teachers Retirement System now owns 54,154 shares of the company’s stock valued at $4,088,000 after buying an additional 641 shares during the last quarter. Clear Creek Financial Management LLC grew its stake in Adtalem Global Education by 3.3% in the 3rd quarter. Clear Creek Financial Management LLC now owns 13,817 shares of the company’s stock valued at $1,043,000 after buying an additional 439 shares during the last quarter. CWA Asset Management Group LLC acquired a new position in Adtalem Global Education in the 3rd quarter valued at about $1,047,000. Atria Investments Inc grew its stake in Adtalem Global Education by 32.6% in the 3rd quarter. Atria Investments Inc now owns 4,721 shares of the company’s stock valued at $356,000 after buying an additional 1,162 shares during the last quarter. Finally, Crossmark Global Holdings Inc. acquired a new position in Adtalem Global Education in the 3rd quarter valued at about $219,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ATGE. Barrington Research increased 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. BMO Capital Markets increased their target price on shares of Adtalem Global Education from $108.00 to $115.00 and gave the stock an “outperform” rating in a research report on Monday, February 3rd. Finally, StockNews.com upgraded shares of Adtalem Global Education from a “buy” rating to a “strong-buy” rating in a research report on Wednesday.

Adtalem Global Education Stock Performance

Shares of NYSE:ATGE opened at $100.21 on Friday. The company’s 50 day moving average price is $98.72 and its two-hundred day moving average price is $86.12. Adtalem Global Education Inc. has a 12-month low of $45.18 and a 12-month high of $112.43. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.45. The firm has a market cap of $3.73 billion, a PE ratio of 18.66, a PEG ratio of 1.05 and a beta of 0.97.

Adtalem Global Education (NYSE:ATGE) last issued its quarterly earnings results on Thursday, January 30th. The company reported $1.81 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.42. Adtalem Global Education had a net margin of 12.34% and a return on equity of 16.82%. Equities research analysts predict that Adtalem Global Education Inc. will post 6.2 earnings per share for the current year.

Insider Transactions at Adtalem Global Education

In other news, Director Donna J. Hrinak sold 4,685 shares of the company’s stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $108.68, for a total transaction of $509,165.80. Following the completion of the sale, the director now owns 12,844 shares of the company’s stock, valued at approximately $1,395,885.92. This represents a 26.73 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Michael Betz sold 3,500 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider now directly owns 16,881 shares of the company’s stock, valued at approximately $1,832,770.17. The trade was a 17.17 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 12,997 shares of company stock valued at $1,386,048. Company insiders own 2.00% of the company’s stock.

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.