Fox Run Management L.L.C. Boosts Stock Position in Adtalem Global Education Inc. (NYSE:ATGE)

Fox Run Management L.L.C. boosted its holdings in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 26.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 10,475 shares of the company’s stock after acquiring an additional 2,219 shares during the quarter. Fox Run Management L.L.C.’s holdings in Adtalem Global Education were worth $952,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. State Street Corp boosted its holdings in Adtalem Global Education by 1.6% during the 3rd quarter. State Street Corp now owns 1,525,748 shares of the company’s stock valued at $115,163,000 after acquiring an additional 23,464 shares during the period. Wellington Management Group LLP boosted its holdings in Adtalem Global Education by 0.7% during the 3rd quarter. Wellington Management Group LLP now owns 994,292 shares of the company’s stock valued at $75,049,000 after acquiring an additional 6,842 shares during the period. Boston Partners purchased a new position in Adtalem Global Education during the 4th quarter valued at $35,990,000. Principal Financial Group Inc. raised its position in Adtalem Global Education by 3.7% during the 4th quarter. Principal Financial Group Inc. now owns 200,624 shares of the company’s stock valued at $18,227,000 after purchasing an additional 7,069 shares in the last quarter. Finally, Peregrine Asset Advisers Inc. raised its position in Adtalem Global Education by 14.2% during the 4th quarter. Peregrine Asset Advisers Inc. now owns 97,207 shares of the company’s stock valued at $8,831,000 after purchasing an additional 12,084 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Insider Transactions at Adtalem Global Education

In other news, Director Donna J. Hrinak sold 4,812 shares of the business’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $103.26, for a total value of $496,887.12. Following the completion of the transaction, the director now directly owns 8,032 shares of the company’s stock, valued at approximately $829,384.32. The trade was a 37.46 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Michael Betz sold 3,500 shares of the business’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $108.57, for a total value of $379,995.00. Following the transaction, the insider now owns 16,881 shares in the company, valued at approximately $1,832,770.17. This trade represents a 17.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 12,997 shares of company stock valued at $1,386,048. Corporate insiders own 2.00% of the company’s stock.

Adtalem Global Education Trading Up 0.1 %

ATGE opened at $98.85 on Friday. The firm has a market cap of $3.68 billion, a price-to-earnings ratio of 18.41, a PEG ratio of 1.05 and a beta of 0.95. 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 Inc. has a 12 month low of $45.18 and a 12 month high of $112.44. The stock has a fifty day moving average price of $100.24 and a 200-day moving average price of $88.74.

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

Analyst Upgrades and Downgrades

ATGE has been the subject of a number of research analyst reports. BMO Capital Markets lifted their target price on Adtalem Global Education from $108.00 to $115.00 and gave the company an “outperform” rating in a research report on Monday, February 3rd. Barrington Research lifted their target price on Adtalem Global Education from $115.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. Finally, StockNews.com lowered Adtalem Global Education from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 18th.

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.