Piper Jaffray Companies reiterated their buy rating on shares of DeVry Education Group (NYSE:ATGE) in a report published on Monday morning. The brokerage currently has a $59.00 target price on the stock.
Several other equities analysts have also recently weighed in on the company. BMO Capital Markets increased their price target on DeVry Education Group from $35.00 to $38.00 and gave the company a market perform rating in a report on Friday, November 3rd. BidaskClub upgraded DeVry Education Group from a hold rating to a buy rating in a research note on Thursday, November 2nd. Zacks Investment Research lowered DeVry Education Group from a hold rating to a sell rating in a research note on Tuesday, October 17th. Finally, ValuEngine lowered 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, one has issued a hold rating and four have given a buy rating to the company’s stock. DeVry Education Group presently has an average rating of Buy and an average target price of $44.67.
DeVry Education Group (NYSE:ATGE) traded up $0.35 during midday trading on Monday, hitting $40.55. The stock had a trading volume of 665,400 shares, compared to its average volume of 613,705. The company has a market cap of $2,660.00, a PE ratio of 15.28, a price-to-earnings-growth ratio of 1.72 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 12-month low of $29.40 and a 12-month high of $41.70.
In other news, insider Carlos Filgueiras sold 2,325 shares of the company’s stock in a transaction on Tuesday, November 7th. The stock was sold at an average price of $36.92, for a total value of $85,839.00. Following the completion of the sale, the insider now directly owns 11,832 shares in the company, valued at approximately $436,837.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 3.04% of the company’s stock.
Hedge funds have recently modified their holdings of the business. Chicago Equity Partners LLC purchased a new stake in DeVry Education Group in the 2nd quarter worth $704,000. American Century Companies Inc. purchased a new stake in DeVry Education Group in the 2nd quarter worth $8,539,000. BlackRock Inc. purchased a new stake in DeVry Education Group in the 2nd quarter worth $229,924,000. Rhumbline Advisers increased its stake in DeVry Education Group by 4.7% in the 3rd quarter. Rhumbline Advisers now owns 134,210 shares of the company’s stock worth $4,811,000 after buying an additional 6,042 shares in the last quarter. Finally, Legal & General Group Plc purchased a new stake in DeVry Education Group in the 2nd quarter worth $3,033,000.
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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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