Nationwide Fund Advisors grew its holdings in DeVry Education Group Inc. (NYSE:ATGE) by 15.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 329,693 shares of the company’s stock after buying an additional 44,601 shares during the quarter. Nationwide Fund Advisors owned 0.53% of DeVry Education Group worth $11,819,000 as of its most recent SEC filing.
Other institutional investors have also bought and sold shares of the company. Mutual of America Capital Management LLC boosted its stake in shares of DeVry Education Group by 3.8% in the third quarter. Mutual of America Capital Management LLC now owns 48,838 shares of the company’s stock worth $1,751,000 after acquiring an additional 1,771 shares during the last quarter. Strs Ohio boosted its stake in shares of DeVry Education Group by 10.3% in the third quarter. Strs Ohio now owns 36,400 shares of the company’s stock worth $1,304,000 after acquiring an additional 3,400 shares during the last quarter. GHP Investment Advisors Inc. acquired a new stake in shares of DeVry Education Group in the second quarter worth approximately $202,000. Tower Research Capital LLC TRC acquired a new stake in shares of DeVry Education Group in the second quarter worth approximately $223,000. Finally, Shelton Capital Management acquired a new stake in shares of DeVry Education Group in the second quarter worth approximately $224,000.
ATGE has been the topic of a number of research analyst reports. BMO Capital Markets reaffirmed a “market perform” rating and issued a $35.00 price target (down from $40.00) on shares of DeVry Education Group in a research note on Monday, August 21st. ValuEngine lowered DeVry Education Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $59.00 price target on shares of DeVry Education Group in a research note on Monday. Zacks Investment Research lowered DeVry Education Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Finally, BidaskClub raised DeVry Education Group from a “hold” rating to a “buy” rating in a research note on Thursday, November 2nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company’s stock. DeVry Education Group presently has an average rating of “Buy” and a consensus target price of $44.67.
DeVry Education Group (NYSE:ATGE) last released its quarterly earnings data on Thursday, November 2nd. The company reported $0.30 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.16). The company had revenue of $421.03 million for the quarter, compared to analyst estimates of $428.00 million. DeVry Education Group had a return on equity of 10.24% and a net margin of 6.17%. The business’s quarterly revenue was down 6.4% on a year-over-year basis. During the same period last year, the firm posted $0.45 EPS. research analysts predict that DeVry Education Group Inc. will post 2.84 EPS for the current fiscal year.
In other DeVry Education Group news, insider Carlos Filgueiras sold 2,325 shares of the business’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $36.92, for a total transaction of $85,839.00. Following the transaction, the insider now owns 11,832 shares of the company’s stock, valued at $436,837.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 3.04% of the company’s stock.
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About DeVry Education Group
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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