DeVry Education Group (NYSE:ATGE)‘s stock had its “buy” rating restated by equities researchers at Piper Jaffray Companies in a research report issued to clients and investors on Monday. They presently have a $59.00 target price on the stock. Piper Jaffray Companies’ price target would suggest a potential upside of 34.40% from the stock’s current price.

Several other brokerages have also issued reports on ATGE. BMO Capital Markets reiterated a “market perform” rating and issued a $35.00 target price (down from $40.00) on shares of DeVry Education Group in a research report on Monday, August 21st. ValuEngine lowered shares of DeVry Education Group from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research lowered shares of DeVry Education Group from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Finally, BidaskClub upgraded shares of DeVry Education Group from a “hold” rating to a “buy” rating in a research report on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average target price of $44.67.

DeVry Education Group (NYSE ATGE) opened at $43.90 on Monday. DeVry Education Group has a 1 year low of $29.70 and a 1 year high of $44.71. The stock has a market cap of $2,459.97, a price-to-earnings ratio of 15.42, a P/E/G ratio of 1.73 and a beta of 0.99. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.20 and a quick ratio of 1.20.

DeVry Education Group (NYSE:ATGE) last announced its earnings results on Thursday, November 2nd. The company reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.46 by ($0.16). DeVry Education Group had a return on equity of 10.24% and a net margin of 6.17%. The company had revenue of $421.03 million during the quarter, compared to analysts’ expectations of $428.00 million. During the same quarter last year, the firm posted $0.45 earnings per share. The firm’s revenue was down 6.4% on a year-over-year basis. analysts predict that DeVry Education Group will post 2.84 EPS for the current fiscal year.

In other DeVry Education Group news, insider Carlos Filgueiras sold 2,325 shares of the company’s stock in a transaction dated Tuesday, November 7th. The shares were sold at an average price of $36.92, for a total transaction of $85,839.00. Following the completion of the sale, the insider now directly owns 11,832 shares in the company, valued at $436,837.44. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 3.04% of the company’s stock.

Several large investors have recently modified their holdings of the company. Schwab Charles Investment Management Inc. raised its stake in shares of DeVry Education Group by 5.5% during the third quarter. Schwab Charles Investment Management Inc. now owns 337,199 shares of the company’s stock valued at $12,089,000 after acquiring an additional 17,608 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of DeVry Education Group by 11.8% during the third quarter. Wells Fargo & Company MN now owns 2,347,206 shares of the company’s stock valued at $84,147,000 after acquiring an additional 248,335 shares during the last quarter. Schroder Investment Management Group raised its stake in shares of DeVry Education Group by 12.0% during the third quarter. Schroder Investment Management Group now owns 323,289 shares of the company’s stock valued at $11,428,000 after acquiring an additional 34,696 shares during the last quarter. Legal & General Group Plc raised its stake in shares of DeVry Education Group by 12.0% during the third quarter. Legal & General Group Plc now owns 89,525 shares of the company’s stock valued at $3,202,000 after acquiring an additional 9,586 shares during the last quarter. Finally, American International Group Inc. raised its stake in shares of DeVry Education Group by 7.6% during the third quarter. American International Group Inc. now owns 198,696 shares of the company’s stock valued at $7,123,000 after acquiring an additional 14,054 shares during the last quarter.

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About DeVry Education Group

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.

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