Adtalem Global Education (NYSE:ATGE) had its target price decreased by analysts at BMO Capital Markets from $49.00 to $45.00 in a research note issued on Wednesday. The firm presently has a “market perform” rating on the stock. BMO Capital Markets’ price objective suggests a potential upside of 0.33% from the stock’s current price.
ATGE has been the subject of a number of other reports. BidaskClub upgraded Adtalem Global Education from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. Zacks Investment Research upgraded Adtalem Global Education from a “sell” rating to a “hold” rating in a report on Friday, February 2nd. Piper Jaffray Companies reiterated a “buy” rating and set a $59.00 price target on shares of Adtalem Global Education in a report on Monday, December 4th. Finally, Robert W. Baird reiterated a “hold” rating on shares of Adtalem Global Education in a report on Thursday, December 7th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $50.33.
Shares of Adtalem Global Education (NYSE:ATGE) opened at $44.85 on Wednesday. The stock has a market capitalization of $2,823.98, a P/E ratio of 18.44, a price-to-earnings-growth ratio of 1.90 and a beta of 1.01. The company has a current ratio of 1.58, a quick ratio of 1.20 and a debt-to-equity ratio of 0.11. Adtalem Global Education has a 12-month low of $30.15 and a 12-month high of $47.15.
In other news, SVP Donna Jennings sold 4,582 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $45.00, for a total transaction of $206,190.00. Following the completion of the transaction, the senior vice president now directly owns 16,794 shares in the company, valued at $755,730. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 3.04% of the stock is owned by insiders.
Hedge funds have recently modified their holdings of the company. Tower Research Capital LLC TRC acquired a new position in shares of Adtalem Global Education during the second quarter worth approximately $223,000. Shelton Capital Management acquired a new position in shares of Adtalem Global Education in the second quarter valued at $224,000. Virtu KCG Holdings LLC acquired a new position in shares of Adtalem Global Education in the second quarter valued at $333,000. Citadel Advisors LLC acquired a new position in shares of Adtalem Global Education in the second quarter valued at $344,000. Finally, Crossmark Global Holdings Inc. acquired a new position in shares of Adtalem Global Education in the third quarter valued at $347,000.
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About Adtalem Global Education
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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