Adtalem Global Education (NYSE:ATGE)‘s stock had its “hold” rating reiterated by BMO Capital Markets in a note issued to investors on Wednesday. They presently have a $49.00 price objective on the stock. BMO Capital Markets’ target price would indicate a potential upside of 8.77% from the stock’s current price.
A number of other analysts also recently issued reports on the company. Robert W. Baird reaffirmed a “hold” rating on shares of Adtalem Global Education in a research note on Thursday, December 7th. Zacks Investment Research downgraded Adtalem Global Education from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $59.00 price objective on shares of Adtalem Global Education in a research note on Monday, December 4th. Finally, BidaskClub raised Adtalem Global Education from a “hold” rating to a “buy” rating in a research note on Thursday, November 2nd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. Adtalem Global Education has an average rating of “Hold” and an average price target of $54.00.
Adtalem Global Education (NYSE ATGE) traded down $0.55 during trading hours on Wednesday, reaching $45.05. The company’s stock had a trading volume of 588,500 shares, compared to its average volume of 861,767. The company has a current ratio of 1.20, a quick ratio of 1.20 and a debt-to-equity ratio of 0.08. Adtalem Global Education has a 1-year low of $30.15 and a 1-year high of $46.65. The company has a market cap of $2,766.32, a P/E ratio of 26.19, a price-to-earnings-growth ratio of 1.95 and a beta of 0.98.
In related news, SVP Donna Jennings sold 4,582 shares of the business’s stock in a transaction 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Carlos Filgueiras sold 2,325 shares of the business’s stock in a transaction 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 of the company’s stock, valued at approximately $436,837.44. The disclosure for this sale can be found here. Insiders own 3.04% of the company’s stock.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Investment Management Company LLC acquired a new stake in shares of Adtalem Global Education in the second quarter valued at approximately $174,000. Tower Research Capital LLC TRC purchased a new stake in shares of Adtalem Global Education during the 2nd quarter worth approximately $223,000. Shelton Capital Management purchased a new stake in shares of Adtalem Global Education during the 2nd quarter worth approximately $224,000. Capstone Investment Advisors Netherlands B.V. purchased a new stake in shares of Adtalem Global Education during the 2nd quarter worth approximately $243,000. Finally, C M Bidwell & Associates Ltd. purchased a new stake in shares of Adtalem Global Education during the 2nd quarter worth approximately $307,000.
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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.
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