Norden Group LLC Takes Place in New Oriental Training & Know-how Group Inc. (NYSE:EDU)


Norden Group LLC bought a brand new stake in New Oriental Training & Know-how Group Inc. (NYSE:EDU – Free Report) throughout the 1st quarter, in line with the corporate in its most up-to-date disclosure with the SEC. The institutional investor bought 9,170 shares of the corporate’s inventory, valued at roughly $796,000.

A number of different hedge funds have additionally just lately purchased and offered shares of EDU. Assetmark Inc. lifted its stake in New Oriental Training & Know-how Group by 1,642.9% throughout the 4th quarter. Assetmark Inc. now owns 610 shares of the corporate’s inventory price $45,000 after buying an extra 575 shares within the final quarter. Leap Monetary LLC acquired a brand new place in New Oriental Training & Know-how Group throughout the 4th quarter price about $235,000. Panagora Asset Administration Inc. acquired a brand new place in New Oriental Training & Know-how Group throughout the 4th quarter price about $240,000. QRG Capital Administration Inc. acquired a brand new place in New Oriental Training & Know-how Group throughout the 4th quarter price about $271,000. Lastly, Claro Advisors LLC lifted its stake in New Oriental Training & Know-how Group by 5.3% throughout the 1st quarter. Claro Advisors LLC now owns 3,797 shares of the corporate’s inventory price $330,000 after buying an extra 191 shares within the final quarter.

Wall Avenue Analysts Forecast Progress

EDU has been the subject of a number of analysis reviews. HSBC initiated protection on New Oriental Training & Know-how Group in a analysis notice on Wednesday, Could twenty ninth. They set a “purchase” ranking and a $110.00 goal worth on the inventory. Citigroup upped their worth goal on New Oriental Training & Know-how Group from $66.00 to $127.00 and gave the inventory a “purchase” ranking in a report on Thursday, April twenty fifth. Lastly, Morgan Stanley upped their worth goal on New Oriental Training & Know-how Group from $85.00 to $95.00 and gave the inventory an “obese” ranking in a report on Thursday, March twenty eighth. One equities analysis analyst has rated the inventory with a maintain ranking and 4 have assigned a purchase ranking to the inventory. In response to knowledge from MarketBeat, the corporate at the moment has a consensus ranking of “Reasonable Purchase” and a consensus goal worth of $100.75.

View Our Newest Evaluation on New Oriental Training & Know-how Group

New Oriental Training & Know-how Group Worth Efficiency

Shares of NYSE EDU opened at $79.56 on Friday. The inventory’s 50-day shifting common is $79.57 and its two-hundred day shifting common is $82.28. New Oriental Training & Know-how Group Inc. has a 1-year low of $39.19 and a 1-year excessive of $98.20. The corporate has a market cap of $13.50 billion, a price-to-earnings ratio of 42.77 and a beta of 0.44.

New Oriental Training & Know-how Group (NYSE:EDU – Get Free Report) final issued its quarterly earnings outcomes on Wednesday, April twenty fourth. The corporate reported $0.51 earnings per share for the quarter, lacking the consensus estimate of $0.57 by ($0.06). New Oriental Training & Know-how Group had a return on fairness of 8.11% and a web margin of seven.72%. The corporate had income of $1.21 billion for the quarter, in comparison with analysts’ expectations of $1.09 billion. Equities analysis analysts anticipate that New Oriental Training & Know-how Group Inc. will publish 1.86 earnings per share for the present fiscal yr.

About New Oriental Training & Know-how Group

(Free Report)

New Oriental Training & Know-how Group Inc offers personal academic companies below the New Oriental model within the Folks’s Republic of China. The corporate operates by 4 segments: Academic Providers and Take a look at Preparation Programs; On-line Training and Different Providers; Abroad Research Consulting Providers; and Academic Supplies and Distribution.

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



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