Sanctuary Advisors LLC Has $1.63 Million Stock Holdings in Adtalem Global Education Inc. (NYSE:ATGE)

Sanctuary Advisors LLC grew its position in Adtalem Global Education Inc. (NYSE:ATGE) by 119.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 21,587 shares of the company’s stock after buying an additional 11,759 shares during the period. Sanctuary Advisors LLC owned approximately 0.06% of Adtalem Global Education worth $1,629,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Pacer Advisors Inc. grew its stake in Adtalem Global Education by 81,701.2% in the second quarter. Pacer Advisors Inc. now owns 1,330,088 shares of the company’s stock valued at $90,725,000 after acquiring an additional 1,328,462 shares during the period. LSV Asset Management lifted its holdings in shares of Adtalem Global Education by 2,360.6% during the 2nd quarter. LSV Asset Management now owns 644,666 shares of the company’s stock valued at $43,973,000 after purchasing an additional 618,466 shares in the last quarter. Assenagon Asset Management S.A. grew its position in shares of Adtalem Global Education by 511.9% in the 3rd quarter. Assenagon Asset Management S.A. now owns 78,828 shares of the company’s stock valued at $5,950,000 after purchasing an additional 65,945 shares during the period. Peregrine Asset Advisers Inc. bought a new stake in Adtalem Global Education during the 2nd quarter worth approximately $4,348,000. Finally, Allspring Global Investments Holdings LLC raised its holdings in Adtalem Global Education by 111.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 97,511 shares of the company’s stock worth $6,651,000 after buying an additional 51,287 shares during the period. Institutional investors own 98.84% of the company’s stock.

Adtalem Global Education Price Performance

NYSE ATGE opened at $88.41 on Friday. Adtalem Global Education Inc. has a 12-month low of $43.78 and a 12-month high of $92.93. The firm’s 50 day moving average is $84.51 and its 200-day moving average is $76.21. The company has a market capitalization of $3.31 billion, a PE ratio of 20.23, a price-to-earnings-growth ratio of 1.01 and a beta of 0.96. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.47.

Adtalem Global Education (NYSE:ATGE) last issued its quarterly earnings results on Tuesday, October 29th. The company reported $1.29 EPS for the quarter, topping the consensus estimate of $1.12 by $0.17. The firm had revenue of $417.40 million for the quarter, compared to analysts’ expectations of $397.48 million. Adtalem Global Education had a net margin of 10.55% and a return on equity of 15.63%. The company’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.93 EPS. Equities research analysts anticipate that Adtalem Global Education Inc. will post 5.89 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. BMO Capital Markets upped their price target on shares of Adtalem Global Education from $84.00 to $90.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Barrington Research increased their target price on Adtalem Global Education from $90.00 to $95.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Finally, StockNews.com lowered Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a report on Thursday, October 31st.

Insider Activity at Adtalem Global Education

In other Adtalem Global Education news, Director William W. Burke sold 4,000 shares of the stock in a transaction on Friday, November 29th. The shares were sold at an average price of $90.39, for a total value of $361,560.00. Following the completion of the sale, the director now owns 11,659 shares in the company, valued at $1,053,857.01. This trade represents a 25.54 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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.