DeVry Education Group’s (ATGE) “Hold” Rating Reiterated at Robert W. Baird
DeVry Education Group (NYSE:ATGE)‘s stock had its “hold” rating reaffirmed by equities research analysts at Robert W. Baird in a note issued to investors on Thursday.
A number of other equities research analysts also recently commented on the company. BidaskClub upgraded DeVry Education Group from a “hold” rating to a “buy” rating in a research report on Thursday, November 2nd. BMO Capital Markets upped their price objective on DeVry Education Group from $35.00 to $38.00 and gave the company a “market perform” rating in a research report on Friday, November 3rd. Zacks Investment Research cut DeVry Education Group from a “hold” rating to a “sell” rating in a research note on Tuesday, October 17th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $59.00 target price on shares of DeVry Education Group in a research note on Monday. Finally, ValuEngine cut DeVry Education Group from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the stock. DeVry Education Group currently has an average rating of “Hold” and an average price target of $44.67.
DeVry Education Group (NYSE:ATGE) opened at $44.00 on Thursday. The company has a market capitalization of $2,663.19, a P/E ratio of 16.69, a PEG ratio of 1.88 and a beta of 0.99. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.20 and a quick ratio of 1.20. DeVry Education Group has a one year low of $30.10 and a one year high of $44.71.
In other DeVry Education Group news, insider Carlos Filgueiras sold 2,325 shares of the firm’s 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 transaction, the insider now directly owns 11,832 shares of the company’s stock, valued at approximately $436,837.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.04% of the company’s stock.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in shares of DeVry Education Group in the second quarter valued at about $229,924,000. Dimensional Fund Advisors LP purchased a new position in DeVry Education Group during the second quarter worth about $200,183,000. Vanguard Group Inc. purchased a new position in DeVry Education Group during the second quarter worth about $184,918,000. William Blair Investment Management LLC purchased a new position in DeVry Education Group during the second quarter worth about $128,673,000. Finally, Wells Fargo & Company MN increased its holdings in DeVry Education Group by 11.8% in the third quarter. Wells Fargo & Company MN now owns 2,347,206 shares of the company’s stock valued at $84,147,000 after buying an additional 248,335 shares in the last quarter.
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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.
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