Versor Investments LP Has $838,000 Stock Holdings in Adtalem Global Education Inc. (NYSE:ATGE)

Versor Investments LP lessened its holdings in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 62.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 9,222 shares of the company’s stock after selling 15,267 shares during the period. Versor Investments LP’s holdings in Adtalem Global Education were worth $838,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of ATGE. USA Financial Formulas acquired a new stake in Adtalem Global Education during the 4th quarter worth $26,000. Meeder Asset Management Inc. bought a new position in shares of Adtalem Global Education during the third quarter worth $27,000. R Squared Ltd bought a new position in shares of Adtalem Global Education during the fourth quarter worth $70,000. Harvest Fund Management Co. Ltd bought a new position in shares of Adtalem Global Education during the third quarter worth $123,000. Finally, GAMMA Investing LLC boosted its position in shares of Adtalem Global Education by 13.8% during the fourth quarter. GAMMA Investing LLC now owns 1,464 shares of the company’s stock worth $133,000 after purchasing an additional 177 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Analyst Upgrades and Downgrades

ATGE has been the topic of a number of recent analyst reports. BMO Capital Markets lifted their price target on shares of Adtalem Global Education from $108.00 to $115.00 and gave the stock an “outperform” rating in a research report on Monday, February 3rd. StockNews.com raised shares of Adtalem Global Education from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Finally, Barrington Research lifted their price target on shares of Adtalem Global Education from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st.

Insiders Place Their Bets

In other news, insider Michael Betz sold 3,500 shares of the business’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $108.57, for a total transaction of $379,995.00. Following the transaction, the insider now directly owns 16,881 shares in the company, valued at $1,832,770.17. The trade was a 17.17 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Donna J. Hrinak sold 4,685 shares of the business’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $108.68, for a total transaction of $509,165.80. Following the transaction, the director now owns 12,844 shares in the company, valued at $1,395,885.92. This represents a 26.73 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 12,997 shares of company stock valued at $1,386,048 in the last three months. 2.00% of the stock is currently owned by corporate insiders.

Adtalem Global Education Trading Down 1.7 %

ATGE opened at $100.21 on Friday. The stock has a market capitalization of $3.73 billion, a P/E ratio of 18.66, a P/E/G ratio of 1.05 and a beta of 0.97. Adtalem Global Education Inc. has a 12 month low of $45.18 and a 12 month high of $112.43. The firm’s fifty day simple moving average is $98.72 and its 200 day simple moving average is $86.12. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.45.

Adtalem Global Education (NYSE:ATGE) last posted its quarterly earnings data on Thursday, January 30th. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $1.39 by $0.42. Adtalem Global Education had a net margin of 12.34% and a return on equity of 16.82%. As a group, research analysts anticipate that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Adtalem Global Education Company 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.