Columbus Circle Investors Grows Holdings in DeVry Education Group Inc. (ATGE)

Columbus Circle Investors raised its position in shares of DeVry Education Group Inc. (NYSE:ATGE) by 16.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 148,701 shares of the company’s stock after purchasing an additional 20,724 shares during the period. Columbus Circle Investors owned approximately 0.25% of DeVry Education Group worth $5,331,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Investment Management Company LLC purchased a new stake in DeVry Education Group during the second quarter valued at about $174,000. GHP Investment Advisors Inc. purchased a new stake in DeVry Education Group during the second quarter valued at about $202,000. Tower Research Capital LLC TRC purchased a new stake in DeVry Education Group during the second quarter valued at about $223,000. Shelton Capital Management purchased a new stake in DeVry Education Group during the second quarter valued at about $224,000. Finally, Parametrica Management Ltd purchased a new stake in DeVry Education Group during the second quarter valued at about $232,000.

DeVry Education Group Inc. (NYSE ATGE) traded down $0.45 during midday trading on Tuesday, hitting $37.85. The company had a trading volume of 584,700 shares, compared to its average volume of 617,635. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $2,280.00, a PE ratio of 14.56, a PEG ratio of 1.64 and a beta of 0.95. DeVry Education Group Inc. has a 12 month low of $27.65 and a 12 month high of $40.70.

DeVry Education Group (NYSE:ATGE) last posted its earnings results on Thursday, November 2nd. The company reported $0.30 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.46 by ($0.16). The business had revenue of $421.03 million during the quarter, compared to the consensus estimate of $428.00 million. DeVry Education Group had a return on equity of 10.24% and a net margin of 6.17%. The firm’s revenue for the quarter was down 6.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.45 earnings per share. equities analysts anticipate that DeVry Education Group Inc. will post 2.84 EPS for the current year.

In other DeVry Education Group news, insider Eric P. Dirst sold 3,114 shares of DeVry Education Group stock in a transaction that occurred on Thursday, August 31st. The stock was sold at an average price of $34.06, for a total transaction of $106,062.84. Following the sale, the insider now directly owns 14,800 shares of the company’s stock, valued at approximately $504,088. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Carlos Filgueiras sold 2,325 shares of DeVry Education Group stock in a transaction that occurred on Tuesday, November 7th. The shares were sold at an average price of $36.92, for a total value of $85,839.00. Following the sale, the insider now directly owns 11,832 shares in the company, valued at $436,837.44. The disclosure for this sale can be found here. Insiders sold 13,653 shares of company stock worth $469,977 over the last three months. 3.04% of the stock is owned by insiders.

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Several research firms have recently commented on ATGE. BidaskClub upgraded DeVry Education Group from a “hold” rating to a “buy” rating in a report on Thursday, November 2nd. BMO Capital Markets lifted their price objective on DeVry Education Group from $35.00 to $38.00 and gave the stock a “market perform” rating in a report on Friday, November 3rd. Zacks Investment Research downgraded DeVry Education Group from a “hold” rating to a “sell” rating in a report on Tuesday, October 17th. Finally, ValuEngine downgraded DeVry Education Group from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. DeVry Education Group has a consensus rating of “Hold” and a consensus target price of $37.50.

DeVry Education Group Company 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 DeVry Education Group (NYSE:ATGE)

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