Russell Investments Group Ltd. lowered its stake in shares of Adtalem Global Education Inc (NYSE:ATGE) by 22.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,788 shares of the company’s stock after selling 14,357 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.08% of Adtalem Global Education worth $1,749,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Chicago Equity Partners LLC purchased a new stake in shares of Adtalem Global Education in the second quarter worth about $704,000. American Century Companies Inc. purchased a new stake in shares of Adtalem Global Education in the second quarter worth about $8,539,000. Rhumbline Advisers lifted its holdings in shares of Adtalem Global Education by 4.7% in the third quarter. Rhumbline Advisers now owns 134,210 shares of the company’s stock worth $4,811,000 after buying an additional 6,042 shares in the last quarter. Crossmark Global Holdings Inc. purchased a new stake in shares of Adtalem Global Education in the third quarter worth about $347,000. Finally, BlackRock Inc. purchased a new stake in shares of Adtalem Global Education in the second quarter worth about $229,924,000.

Adtalem Global Education Inc (NYSE ATGE) opened at $44.05 on Monday. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.20 and a quick ratio of 1.20. The firm has a market cap of $2,670.00, a P/E ratio of 25.61, a P/E/G ratio of 1.92 and a beta of 0.99. Adtalem Global Education Inc has a 52-week low of $30.15 and a 52-week high of $46.00.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings data on Thursday, November 2nd. The company reported $0.30 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.16). Adtalem Global Education 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 the consensus estimate of $428.00 million. During the same quarter last year, the company posted $0.45 earnings per share. The firm’s revenue for the quarter was down 6.4% on a year-over-year basis. analysts anticipate that Adtalem Global Education Inc will post 2.84 EPS for the current year.

In other news, insider Carlos Filgueiras sold 2,325 shares of the firm’s stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $36.92, for a total value of $85,839.00. Following the transaction, the insider now owns 11,832 shares in the company, valued at $436,837.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Donna Jennings sold 4,582 shares of the firm’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $45.00, for a total transaction of $206,190.00. Following the completion of the transaction, the senior vice president now owns 16,794 shares in the company, valued at approximately $755,730. The disclosure for this sale can be found here. 3.04% of the stock is owned by company insiders.

A number of equities research analysts have recently issued reports on the stock. BidaskClub raised shares of Adtalem Global Education from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. BMO Capital Markets upped their price objective on shares of Adtalem Global Education from $35.00 to $38.00 and gave the stock a “market perform” rating in a research report on Friday, November 3rd. Zacks Investment Research cut shares of Adtalem Global Education from a “hold” rating to a “sell” rating in a research report on Tuesday, October 17th. Piper Jaffray Companies restated a “buy” rating and issued a $59.00 price objective on shares of Adtalem Global Education in a research report on Monday, December 4th. Finally, ValuEngine cut shares of Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 1st. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $48.50.

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Adtalem Global Education 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.

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

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