Zurcher Kantonalbank Zurich Cantonalbank purchased a new position in shares of New Oriental Education & Technology Group Inc. (NYSE:EDU – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 6,666 shares of the company’s stock, valued at approximately $488,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Profund Advisors LLC boosted its stake in shares of New Oriental Education & Technology Group by 2.6% during the 3rd quarter. Profund Advisors LLC now owns 17,541 shares of the company’s stock worth $1,027,000 after acquiring an additional 451 shares in the last quarter. Deutsche Bank AG boosted its stake in shares of New Oriental Education & Technology Group by 2.8% during the 3rd quarter. Deutsche Bank AG now owns 22,572 shares of the company’s stock worth $1,322,000 after acquiring an additional 605 shares in the last quarter. Dfpg Investments LLC boosted its stake in shares of New Oriental Education & Technology Group by 7.3% during the 4th quarter. Dfpg Investments LLC now owns 11,674 shares of the company’s stock worth $852,000 after acquiring an additional 793 shares in the last quarter. Ritholtz Wealth Management boosted its stake in shares of New Oriental Education & Technology Group by 12.8% during the 4th quarter. Ritholtz Wealth Management now owns 15,221 shares of the company’s stock worth $1,115,000 after acquiring an additional 1,729 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its stake in shares of New Oriental Education & Technology Group by 2.5% during the 3rd quarter. Lazard Asset Management LLC now owns 79,073 shares of the company’s stock worth $4,629,000 after acquiring an additional 1,896 shares in the last quarter.
New Oriental Education & Technology Group Price Performance
EDU opened at $80.88 on Friday. The company’s 50 day simple moving average is $88.50 and its two-hundred day simple moving average is $79.43. New Oriental Education & Technology Group Inc. has a 1-year low of $35.70 and a 1-year high of $98.20. The firm has a market capitalization of $13.73 billion, a price-to-earnings ratio of 43.48 and a beta of 0.52.
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About New Oriental Education & Technology Group
New Oriental Education & Technology Group Inc provides private educational services under the New Oriental brand in the People's Republic of China. The company operates through four segments: Educational Services and Test Preparation Courses; Online Education and Other Services; Overseas Study Consulting Services; and Educational Materials and Distribution.
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