Robeco Institutional Asset Management B.V. bought a new stake in Adtalem Global Education Inc (NASDAQ:ATGE) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,207 shares of the company’s stock, valued at approximately $349,000.

A number of other large investors have also bought and sold shares of the business. William Blair Investment Management LLC acquired a new position in Adtalem Global Education in the second quarter valued at about $128,673,000. Bank of New York Mellon Corp acquired a new position in Adtalem Global Education in the second quarter valued at about $45,876,000. Rothschild Asset Management Inc. acquired a new position in Adtalem Global Education in the second quarter valued at about $33,059,000. Victory Capital Management Inc. acquired a new position in Adtalem Global Education in the second quarter valued at about $32,271,000. Finally, Mesirow Financial Investment Management Equity Management acquired a new position in Adtalem Global Education in the second quarter valued at about $19,765,000.

Adtalem Global Education Inc (NASDAQ ATGE) opened at 33.55 on Monday. The firm has a 50-day moving average price of $37.74 and a 200-day moving average price of $34.81. Adtalem Global Education Inc has a 1-year low of $21.85 and a 1-year high of $40.70. The firm has a market capitalization of $2.08 billion and a PE ratio of 17.57.

Adtalem Global Education (NASDAQ:ATGE) last posted its quarterly earnings data on Thursday, August 17th. The company reported $0.78 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.69 by $0.09. Adtalem Global Education had a return on equity of 10.35% and a net margin of 9.76%. The firm had revenue of $451.50 million during the quarter, compared to analyst estimates of $452.77 million. During the same period last year, the company posted $0.65 EPS. The business’s quarterly revenue was down 4.3% on a year-over-year basis. Equities analysts expect that Adtalem Global Education Inc will post $2.88 earnings per share for the current fiscal year.

A number of research firms have issued reports on ATGE. BMO Capital Markets reissued a “market perform” rating and issued a $35.00 target price (down from $40.00) on shares of Adtalem Global Education in a research note on Monday, August 21st. Zacks Investment Research raised Adtalem Global Education from a “sell” rating to a “hold” rating in a research note on Friday, July 7th.

In other news, insider Eric P. Dirst sold 3,114 shares of Adtalem Global Education stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $34.06, for a total value of $106,062.84. Following the completion of the transaction, the insider now directly owns 14,800 shares of the company’s stock, valued at approximately $504,088. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider John P. Roselli sold 2,327 shares of Adtalem Global Education stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $33.99, for a total value of $79,094.73. Following the completion of the transaction, the insider now directly owns 13,730 shares of the company’s stock, valued at $466,682.70. The disclosure for this sale can be found here. Over the last three months, insiders sold 11,328 shares of company stock valued at $384,138.

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Adtalem Global Education Company Profile

Adtalem Global Education Inc, formerly DeVry Education Group Inc (DeVry Group) is a global provider of educational services. DeVry Group’s focuses on empowering its students to achieve their educational and career goals. DeVry Group’s institutions offer a range of programs in healthcare, technology, business, accounting, finance and law.

Institutional Ownership by Quarter for Adtalem Global Education (NASDAQ:ATGE)

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