Based on the latest 2018Q3 regulatory filing with the SEC, Tb Alternative Assets Ltd decreased its holdings in New Oriental Educatio (EDU) by 62.88%. The company’s stock sank 21.53% while Tb Alternative Assets Ltd sold 168,372 shares. The institutional investor is holding 99,377 shares, compared to the 267,749 from the previous quarter. And the reported value of the consumer services company is $7.36 million for the 2018Q3. Tb Alternative Assets Ltd has risen its stake in and also increased its holding in Tal Education Group (NYSE:XRS) by 226,264 shares in the quarter, for a total of 2.97M shares.

For more New Oriental Education & Technology Group Inc. (NYSE:EDU) news released recently go to: Seekingalpha.com, Seekingalpha.com, Benzinga.com, Seekingalpha.com or Fool.com. The titles are as follows: “APHA, EBAY among premarket gainers – Seeking Alpha” released on January 22, 2019, “Best Performing Large-Cap ADRs: January 2019 – Seeking Alpha” on February 04, 2019, “Benzinga’s Top Upgrades, Downgrades For November 1, 2018 – Benzinga” with a publish date: November 01, 2018, “New Oriental Education: A Bet On Chinese Education – Seeking Alpha” and the last “Why New Oriental Education & Tech Group Stock Plunged Today – The Motley Fool” with publication date: October 23, 2018.

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

In total 4 analysts cover New Oriental Education (NYSE:EDU). “Buy” rating has 2, “Sell” are 0, while 2 are “Hold”. (NYSE:EDU) has 50% bullish analysts. 4 are the (NYSE:EDU)’s ratings reports on Feb 10, 2019 according to StockzIntelligence Inc. On Wednesday, October 24 the rating was maintained by JP Morgan with “Overweight”. In Thursday, November 1 report Deutsche Bank downgraded it to “Hold” rating and $55 target. On Tuesday, October 2 Morgan Stanley downgraded the shares of EDU in report to “Equal-Weight” rating. The company rating was maintained by Nomura on Wednesday, October 24.