1 week Ago By ABMN Staff
American Century Companies Inc. cut its position in shares of New Oriental Education & Technology Group Inc. ( NYSE:EDU – Free Report ) by 94.
8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 20,579 shares of the company’s stock after selling 373,407 shares during the quarter. American Century Companies Inc.
’s holdings in New Oriental Education & Technology Group were worth $1,321,000 at the end of the most recent quarter. A number of other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co.
increased its holdings in New Oriental Education & Technology Group by 192.2% in the third quarter. JPMorgan Chase & Co.
now owns 826,783 shares of the company’s stock worth $62,703,000 after purchasing an additional 543,810 shares in the last quarter. Panview Capital Ltd bought a new stake in shares of New Oriental Education & Technology Group in the 4th quarter valued at $27,358,000. Green Court Capital Management Ltd acquired a new position in shares of New Oriental Education & Technology Group during the 4th quarter valued at $21,152,000.
Ariose Capital Management Ltd acquired a new position in shares of New Oriental Education & Technology Group during the 4th quarter valued at $5,955,000. Finally, LBP AM SA bought a new position in New Oriental Education & Technology Group during the fourth quarter worth $3,061,000. Wall Street Analyst Weigh In EDU has been the subject of several research analyst reports.
China Renaissance downgraded shares of New Oriental Education & Technology Group from a “buy” rating to a “hold” rating in a research note on Monday, March 24th. JPMorgan Chase & Co. lowered New Oriental Education & Technology Group from an “overweight” rating to a “neutral” rating and cut their price target for the stock from $85.
00 to $50.00 in a report on Wednesday, January 22nd. StockNews.
com downgraded New Oriental Education & Technology Group from a “buy” rating to a “hold” rating in a report on Thursday, March 13th. Citigroup cut New Oriental Education & Technology Group from a “buy” rating to a “neutral” rating and cut their target price for the stock from $83.00 to $50.
00 in a report on Friday, January 24th. Finally, Macquarie lowered shares of New Oriental Education & Technology Group from an “outperform” rating to an “underperform” rating and decreased their price target for the company from $79.00 to $44.
00 in a research note on Wednesday, January 22nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat, New Oriental Education & Technology Group currently has a consensus rating of “Hold” and an average price target of $61.
20. New Oriental Education & Technology Group Trading Down 0.8 % NYSE:EDU opened at $42.
57 on Friday. New Oriental Education & Technology Group Inc. has a 12 month low of $40.
66 and a 12 month high of $91.04. The firm’s 50 day moving average is $48.
63 and its 200 day moving average is $57.48. The stock has a market capitalization of $7.
22 billion, a PE ratio of 18.12 and a beta of 0.37.
New Oriental Education & Technology Group Company Profile ( Free Report ) New Oriental Education & Technology Group, Inc is a holding company, which engages in the provision of private educational services. It operates through the following segments: Educational Services and Test Preparation Courses, Private Label Products and Livestreaming E-Commerce, Overseas Study Consulting Services, and Educational Materials and Distribution. See Also Want to see what other hedge funds are holding EDU? Visit HoldingsChannel.
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