StockNews.com assumed coverage on shares of Adtalem Global Education (NYSE:ATGE – Get Rating) in a research report sent to investors on Thursday morning. The brokerage issued a strong-buy rating on the stock.
A number of other brokerages have also issued reports on ATGE. TheStreet lowered Adtalem Global Education from a b- rating to a c+ rating in a research note on Thursday, December 29th. Barrington Research restated an outperform rating and issued a $48.00 target price on shares of Adtalem Global Education in a research note on Friday, February 3rd.
Adtalem Global Education Trading Down 1.9 %
ATGE opened at $36.41 on Thursday. The stock has a market cap of $1.65 billion, a price-to-earnings ratio of 4.64, a P/E/G ratio of 0.61 and a beta of 1.01. The stock’s 50 day moving average price is $38.68 and its 200-day moving average price is $38.51. Adtalem Global Education has a one year low of $27.85 and a one year high of $44.40. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.14 and a current ratio of 1.14.
Hedge Funds Weigh In On Adtalem Global Education
A number of institutional investors have recently modified their holdings of ATGE. Royal Bank of Canada grew its position in shares of Adtalem Global Education by 65.2% during the 3rd quarter. Royal Bank of Canada now owns 727 shares of the company’s stock valued at $27,000 after acquiring an additional 287 shares during the period. USA Financial Portformulas Corp acquired a new stake in shares of Adtalem Global Education during the 3rd quarter valued at about $34,000. US Bancorp DE grew its position in shares of Adtalem Global Education by 76.7% during the 1st quarter. US Bancorp DE now owns 1,786 shares of the company’s stock valued at $53,000 after acquiring an additional 775 shares during the period. Gladius Capital Management LP acquired a new stake in shares of Adtalem Global Education during the 4th quarter valued at about $87,000. Finally, Tower Research Capital LLC TRC grew its position in shares of Adtalem Global Education by 133.1% during the 3rd quarter. Tower Research Capital LLC TRC now owns 2,823 shares of the company’s stock valued at $103,000 after acquiring an additional 1,612 shares during the period.
About Adtalem Global Education
Adtalem Global Education, Inc engages in the provision of workforce solutions. It operates through the following 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.
- Get a free copy of the StockNews.com research report on Adtalem Global Education (ATGE)
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