Assenagon Asset Administration S.A. Reduces Inventory Place in New Oriental Training & Expertise Group Inc. (NYSE:EDU)

Assenagon Asset Administration S.A. trimmed its place in New Oriental Training & Expertise Group Inc….

Assenagon Asset Administration S.A. Reduces Inventory Place in New Oriental Training & Expertise Group Inc. (NYSE:EDU)

Assenagon Asset Administration S.A. trimmed its place in New Oriental Training & Expertise Group Inc. (NYSE:EDU – Get Score) by 95.1% through the third quarter, in accordance with the corporate in its most up-to-date 13F submitting with the Securities and Change Fee. The institutional investor owned 28,690 shares of the corporate’s inventory after promoting 554,929 shares through the interval. Assenagon Asset Administration S.A.’s holdings in New Oriental Training & Expertise Group had been price $688,000 on the finish of the newest reporting interval.

→ The Largest “Lacking Ingredient” within the $7 Trillion EV Market (From Investing Developments)

A number of different hedge funds additionally not too long ago modified their holdings of the corporate. Quadrant Capital Group LLC acquired a brand new place in shares of New Oriental Training & Expertise Group within the second quarter valued at roughly $42,000. US Bancorp DE raised its holdings in New Oriental Training & Expertise Group by 29.2% within the 2nd quarter. US Bancorp DE now owns 7,509 shares of the corporate’s inventory valued at $154,000 after buying an extra 1,696 shares over the last quarter. Legacy Wealth Asset Administration LLC bought a brand new place in shares of New Oriental Training & Expertise Group through the 2nd quarter price $206,000. Envestnet Asset Administration Inc. acquired a brand new stake in shares of New Oriental Training & Expertise Group through the second quarter price $229,000. Lastly, Nationwide Financial institution of Canada FI bought a brand new stake in shares of New Oriental Training & Expertise Group within the second quarter valued at $259,000. 67.55% of the inventory is owned by institutional buyers and hedge funds.

New Oriental Training & Expertise Group Buying and selling Up 6.3 %

EDU inventory opened at $42.64 on Monday. The corporate has a market cap of $7.25 billion, a PE ratio of 17.48 and a beta of 0.52. The inventory has a 50-day shifting common worth of $32.43 and a two-hundred day shifting common worth of $27.37. New Oriental Training & Expertise Group Inc. has a 12-month low of $8.40 and a 12-month excessive of $43.38.

New Oriental Training & Expertise Group (NYSE:EDU – Get Score) final launched its quarterly earnings knowledge on Wednesday, October twenty sixth. The corporate reported $0.38 earnings per share for the quarter. The agency had income of $744.80 million through the quarter, in comparison with analyst estimates of $689.08 million. The agency’s quarterly income was down 43.1% on a year-over-year foundation. Equities analysts forecast that New Oriental Training & Expertise Group Inc. will publish 0.7 EPS for the present fiscal 12 months.

Analyst Rankings Adjustments

EDU has been the subject of a number of latest analyst experiences. StockNews.com initiated protection on New Oriental Training & Expertise Group in a analysis report on Wednesday, October twelfth. They set a “maintain” score on the inventory. TheStreet lower shares of New Oriental Training & Expertise Group from a “c-” score to a “d” score in a analysis report on Monday, November twenty first. One equities analysis analyst has rated the inventory with a maintain score and 7 have assigned a purchase score to the inventory. In line with MarketBeat.com, the corporate presently has a consensus score of “Reasonable Purchase” and a median worth goal of $36.60.

New Oriental Training & Expertise Group Firm Profile

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New Oriental Training & Expertise Group Inc supplies non-public academic companies underneath the New Oriental model within the Folks’s Republic of China. The corporate operates by way of Instructional Companies and Take a look at Preparation Programs; On-line Training and Different Companies; Abroad Examine Consulting Companies; and Others segments.

Additional Studying

Wish to see what different hedge funds are holding EDU? Go to HoldingsChannel.com to get the newest 13F filings and insider trades for New Oriental Training & Expertise Group Inc. (NYSE:EDU – Get Score).

Institutional Ownership by Quarter for New Oriental Education & Technology Group (NYSE:EDU)

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