Adtalem Global Education Inc. (NYSE:ATGE) Shares Bought by Harvest Fund Management Co. Ltd

Harvest Fund Management Co. Ltd raised its position in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 125.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,661 shares of the company’s stock after buying an additional 2,037 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Adtalem Global Education were worth $333,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. USA Financial Formulas purchased a new stake in Adtalem Global Education during the fourth quarter valued at about $26,000. Meeder Asset Management Inc. purchased a new stake in Adtalem Global Education during the third quarter valued at about $27,000. R Squared Ltd purchased a new stake in Adtalem Global Education during the fourth quarter valued at about $70,000. Parkside Financial Bank & Trust lifted its stake in Adtalem Global Education by 4,850.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 792 shares of the company’s stock valued at $72,000 after buying an additional 776 shares in the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in Adtalem Global Education by 196.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 956 shares of the company’s stock valued at $86,000 after buying an additional 634 shares in the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Adtalem Global Education

In other Adtalem Global Education news, Director Donna J. Hrinak sold 4,685 shares of the stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $108.68, for a total transaction of $509,165.80. Following the transaction, the director now owns 12,844 shares in the company, valued at $1,395,885.92. This trade represents a 26.73 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Michael Betz sold 3,500 shares of the stock in a transaction that occurred on Thursday, February 6th. The shares were 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 position. The disclosure for this sale can be found here. Insiders have sold a total of 12,997 shares of company stock worth $1,386,048 over the last 90 days. Insiders own 2.00% of the company’s stock.

Adtalem Global Education Trading Up 0.1 %

NYSE:ATGE opened at $98.85 on Friday. The stock’s 50 day moving average price is $100.24 and its 200 day moving average price is $88.63. Adtalem Global Education Inc. has a 52 week low of $45.18 and a 52 week high of $112.44. The company has a market capitalization of $3.68 billion, a P/E ratio of 18.41, a P/E/G ratio of 1.05 and a beta of 0.95. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.06 and a current ratio of 1.06.

Adtalem Global Education (NYSE:ATGE) last released its quarterly earnings data on Thursday, January 30th. The company reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.39 by $0.42. Adtalem Global Education had a return on equity of 16.82% and a net margin of 12.34%. On average, research analysts forecast that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

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.