Columbia Wanger Asset Management LLC Stake in New Oriental Education & Technology Group INC (EDU) Decreased as Shares Declined

May 16, 2018 - By Russell Jones

The holdings In New Oriental Education & Technology Group Inc (EDU) was decreased owned by Columbia Wanger Asset Management Llc. According to 2017Q4 Securities and Exchange filling the decrease is 9.36%. 86,800 shares were sold by Columbia Wanger Asset Management Llc as the company’s stock declined 4.38% with the market. At the end of 2017Q4, the 840,612 shares of the consumer services company held by the institutional investor were priced at $79.02 million, down from 927,412 at the end of the previous reported quarter. New Oriental Education & Technology Group Inc has $14.84B MC. EDU is hitting $93.83 during the last trading session, after increased 0.67%.Currently New Oriental Education & Technology Group Inc. is uptrending after 50.87% change in last May 16, 2017. EDU has 219,411 shares volume. EDU outperformed by 39.32% the S&P500.

Columbia Wanger Asset Management Llc manages about $39.78 billion and $6.69B US Long portfolio. According to a filing the fund increased its stake in Bio (NASDAQ:TECH) by 162,264 shares to 264,889 shares, valued at $34.32 million in 2017Q4. Columbia Wanger Asset Management Llc has risen its stake in Pool Corp (NASDAQ:POOL) and also increased its holding in Advanced Energy Industries Inc (NASDAQ:AEIS) by 300,843 shares in the quarter, for a total of 893,069 shares.

There’s an important New Oriental Education & Technology Group Inc. (NYSE:EDU) news announced by Streetinsider.com. It’s an article titled: “Tiger Global’s 13F Shows New Stake in Twitter (TWTR), Mercado (MELI), Increases Stake in Amazon (AMZN) (more…)” on May 15, 2018.

New Oriental Education & Technology Group Inc. (NYSE:EDU) Ratings Coverage

Total analysts of 4 have positions in New Oriental Education (NYSE:EDU) as follows: 2 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 50%. Since January 4, 2018 according to StockzIntelligence Inc New Oriental Education has 7 analyst reports. On Monday, March 5 the stock of New Oriental Education & Technology Group Inc. (NYSE:EDU) earned “Hold” rating by J.P. Morgan. On Wednesday, January 24 Jefferies maintained New Oriental Education & Technology Group Inc. (NYSE:EDU) rating. Jefferies has “Buy” rating and $104.0 target. On Monday, March 5 the rating was upgraded by JP Morgan to “Neutral”. On Wednesday, January 24 the firm earned “Underweight” rating by JP Morgan. The stock rating was maintained by JP Morgan with “Neutral” on Thursday, April 26. The company rating was maintained by Jefferies on Tuesday, April 24.

New Oriental Education & Technology Group Inc. (NYSE:EDU) Analyst Ratings Chart

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