DeVry Education Group (ATGE) Given “Hold” Rating at Robert W. Baird

Robert W. Baird reiterated their hold rating on shares of DeVry Education Group (NYSE:ATGE) in a research note published on Thursday.

A number of other analysts have also weighed in on ATGE. Piper Jaffray Companies restated a buy rating and issued a $59.00 target price on shares of DeVry Education Group in a research report on Monday, December 4th. BMO Capital Markets restated a market perform rating and issued a $35.00 target price (down previously from $40.00) on shares of DeVry Education Group in a research report on Monday, August 21st. ValuEngine lowered shares of DeVry Education Group from a strong-buy rating to a buy rating in a research report on Friday, September 1st. BidaskClub upgraded shares of DeVry Education Group from a hold rating to a buy rating in a research report on Thursday, November 2nd. Finally, Zacks Investment Research lowered shares of DeVry Education Group from a hold rating to a sell rating in a research report on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average price target of $44.67.

DeVry Education Group (ATGE) opened at $44.35 on Thursday. The stock has a market cap of $2,690.49, a P/E ratio of 16.86, a P/E/G ratio of 1.90 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 $44.72.

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

In other news, insider Carlos Filgueiras sold 2,325 shares of DeVry Education Group stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $36.92, for a total transaction of $85,839.00. Following the transaction, the insider now owns 11,832 shares in the company, valued at $436,837.44. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 3.04% of the stock is currently owned by insiders.

Several large investors have recently modified their holdings of the company. BlackRock Inc. bought a new position in DeVry Education Group during the second quarter worth $229,924,000. Dimensional Fund Advisors LP bought a new position in DeVry Education Group during the second quarter worth $200,183,000. Vanguard Group Inc. bought a new position in DeVry Education Group during the second quarter worth $184,918,000. William Blair Investment Management LLC bought a new position in DeVry Education Group during the second quarter worth $128,673,000. Finally, Wells Fargo & Company MN raised its stake in DeVry Education Group by 11.8% during the third quarter. Wells Fargo & Company MN now owns 2,347,206 shares of the company’s stock worth $84,147,000 after buying an additional 248,335 shares during the last quarter.

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About DeVry Education Group

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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