Penserra Capital Management LLC Raises Position in Adtalem Global Education Inc. $ATGE

Penserra Capital Management LLC lifted its stake in shares of Adtalem Global Education Inc. (NYSE:ATGE) by 2,453.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 5,669 shares of the company’s stock after acquiring an additional 5,447 shares during the period. Penserra Capital Management LLC’s holdings in Adtalem Global Education were worth $875,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Salomon & Ludwin LLC acquired a new stake in Adtalem Global Education in the third quarter valued at approximately $28,000. UMB Bank n.a. boosted its stake in shares of Adtalem Global Education by 79.7% in the third quarter. UMB Bank n.a. now owns 266 shares of the company’s stock valued at $41,000 after purchasing an additional 118 shares during the period. Allworth Financial LP grew its holdings in Adtalem Global Education by 82.9% during the 2nd quarter. Allworth Financial LP now owns 342 shares of the company’s stock valued at $44,000 after purchasing an additional 155 shares in the last quarter. SBI Securities Co. Ltd. grew its holdings in Adtalem Global Education by 727.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 356 shares of the company’s stock valued at $45,000 after purchasing an additional 313 shares in the last quarter. Finally, Blue Trust Inc. purchased a new stake in Adtalem Global Education during the 3rd quarter worth $58,000. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ATGE. Robert W. Baird set a $163.00 price objective on shares of Adtalem Global Education in a research report on Friday, October 31st. Weiss Ratings downgraded Adtalem Global Education from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. BMO Capital Markets restated an “outperform” rating and set a $138.00 price objective on shares of Adtalem Global Education in a research note on Friday, January 30th. Finally, Barrington Research reaffirmed an “outperform” rating and issued a $170.00 target price on shares of Adtalem Global Education in a research report on Thursday, January 29th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $151.50.

Adtalem Global Education Stock Up 1.1%

NYSE:ATGE opened at $104.34 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.68 and a current ratio of 0.68. The company has a market capitalization of $3.60 billion, a price-to-earnings ratio of 15.32, a price-to-earnings-growth ratio of 0.89 and a beta of 0.71. Adtalem Global Education Inc. has a one year low of $86.26 and a one year high of $156.26. The stock has a 50-day simple moving average of $105.69 and a 200 day simple moving average of $119.46.

Adtalem Global Education (NYSE:ATGE) last released its earnings results on Wednesday, January 28th. The company reported $2.43 EPS for the quarter, topping analysts’ consensus estimates of $2.19 by $0.24. The company had revenue of $503.39 million for the quarter, compared to the consensus estimate of $488.72 million. Adtalem Global Education had a return on equity of 20.24% and a net margin of 13.41%.Adtalem Global Education’s quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.81 EPS. Adtalem Global Education has set its FY 2026 guidance at 7.800-8.000 EPS. Sell-side analysts predict that Adtalem Global Education Inc. will post 6.2 EPS for the current fiscal year.

Adtalem Global Education Company Profile

Adtalem Global Education (NYSE:ATGE) is a leading provider of postsecondary education and professional development solutions. Through a network of brands and institutions, the company delivers degree programs and continuing education in high-demand fields such as healthcare, business, technology and the sciences. Adtalem’s offerings span campus-based and online formats, catering to diverse learner needs and career stages.

The company’s portfolio includes Chamberlain University, which specializes in nursing and healthcare; Carrington College, offering career-focused programs in allied health, business and trades; Walden University, a fully online institution for graduate and undergraduate degrees; and a suite of medical and veterinary schools, including Ross University School of Medicine and Ross University School of Veterinary Medicine, both located in the Caribbean.