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.
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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