Strs Ohio Has $1.30 Million Stake in Adtalem Global Education Inc (ATGE)

Strs Ohio grew its stake in shares of Adtalem Global Education Inc (NASDAQ:ATGE) by 10.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,400 shares of the company’s stock after purchasing an additional 3,400 shares during the period. Strs Ohio owned about 0.06% of Adtalem Global Education worth $1,304,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Russell Investments Group Ltd. acquired a new position in Adtalem Global Education during the second quarter valued at $2,398,000. Parametrica Management Ltd acquired a new position in Adtalem Global Education during the second quarter valued at $232,000. ING Groep NV acquired a new position in Adtalem Global Education during the second quarter valued at $263,000. Meritage Portfolio Management acquired a new position in Adtalem Global Education during the second quarter valued at $5,588,000. Finally, Public Employees Retirement Association of Colorado acquired a new position in Adtalem Global Education during the second quarter valued at $422,000.

In related news, insider John P. Roselli sold 2,327 shares of Adtalem Global Education stock in a transaction dated Friday, September 1st. The stock was sold at an average price of $33.99, for a total value of $79,094.73. Following the sale, the insider now owns 13,730 shares of the company’s stock, valued at $466,682.70. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Eric P. Dirst sold 3,114 shares of Adtalem Global Education stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $34.06, for a total value of $106,062.84. Following the completion of the sale, the insider now directly owns 14,800 shares in the company, valued at approximately $504,088. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 11,328 shares of company stock worth $384,138.

Adtalem Global Education (NASDAQ:ATGE) last issued its quarterly earnings results on Thursday, November 2nd. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.16). The firm had revenue of $421.03 million during the quarter, compared to the consensus estimate of $428.00 million. Adtalem Global Education had a net margin of 9.76% and a return on equity of 10.35%. The business’s revenue for the quarter was down 6.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.45 earnings per share.

TRADEMARK VIOLATION NOTICE: “Strs Ohio Has $1.30 Million Stake in Adtalem Global Education Inc (ATGE)” was first published by Community Financial News and is owned by of Community Financial News. If you are accessing this news story on another site, it was copied illegally and reposted in violation of US & international copyright law. The original version of this news story can be accessed at https://www.com-unik.info/2017/11/03/strs-ohio-has-1-30-million-stake-in-adtalem-global-education-inc-atge.html.

ATGE has been the topic of several recent analyst reports. Zacks Investment Research raised Adtalem Global Education from a “sell” rating to a “hold” rating in a research report on Friday, July 7th. BMO Capital Markets reissued a “market perform” rating and set a $35.00 price target (down from $40.00) on shares of Adtalem Global Education in a research report on Monday, August 21st. Finally, BidaskClub raised Adtalem Global Education from a “hold” rating to a “buy” rating in a research report on Thursday.

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.

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

What are top analysts saying about Adtalem Global Education Inc? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Adtalem Global Education Inc and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit