New Oriental Education & Technology Group Inc. (EDU) Reaches $104.92 52-Week High; United Services Automobile Association Lifted Its Henry Schein (HSIC) Position

January 14, 2018 - By Stephen Andrade

United Services Automobile Association increased Henry Schein Inc (HSIC) stake by 135.41% reported in 2017Q3 SEC filing. United Services Automobile Association acquired 56,999 shares as Henry Schein Inc (HSIC)’s stock rose 5.77%. The United Services Automobile Association holds 99,092 shares with $8.13M value, up from 42,093 last quarter. Henry Schein Inc now has $11.75B valuation. The stock increased 2.10% or $1.54 during the last trading session, reaching $74.84. About 1.05 million shares traded. Henry Schein, Inc. (NASDAQ:HSIC) has risen 4.05% since January 14, 2017 and is uptrending. It has underperformed by 12.65% the S&P500.

The stock of New Oriental Education & Technology Group Inc. (NYSE:EDU) hit a new 52-week high and has $112.26 target or 7.00% above today’s $104.92 share price. The 5 months bullish chart indicates low risk for the $16.59B company. The 1-year high was reported on Jan, 14 by Barchart.com. If the $112.26 price target is reached, the company will be worth $1.16B more. The stock increased 2.94% or $3 during the last trading session, reaching $104.92. About 2.50M shares traded or 58.59% up from the average. New Oriental Education & Technology Group Inc. (NYSE:EDU) has risen 76.69% since January 14, 2017 and is uptrending. It has outperformed by 59.99% the S&P500.

New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the PeopleÂ’s Republic of China. The company has market cap of $16.59 billion. The firm operates through Language Training and Test Preparation, Primary and Secondary School Education, Online Education, Content Development and Distribution, Pre-School Education, Overseas Study Consulting Services, and Study Tour divisions. It has a 56.71 P/E ratio. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the PeopleÂ’s Republic of China, and the Commonwealth countries; and after-school tutoring courses for middle and high school students to achieve better scores on entrance exams for admission into high schools or higher education institutions, as well as for children to teach English.

Among 12 analysts covering New Oriental Education & Technology Group (NYSE:EDU), 9 have Buy rating, 1 Sell and 2 Hold. Therefore 75% are positive. New Oriental Education & Technology Group had 31 analyst reports since September 9, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Wednesday, October 21 by Jefferies. The firm earned “Buy” rating on Sunday, August 27 by Jefferies. As per Thursday, July 21, the company rating was initiated by Brean Capital. TH Capital maintained New Oriental Education & Technology Group Inc. (NYSE:EDU) on Friday, January 15 with “Buy” rating. Morgan Stanley initiated New Oriental Education & Technology Group Inc. (NYSE:EDU) on Thursday, April 14 with “Overweight” rating. Jefferies maintained it with “Buy” rating and $74.8000 target in Thursday, July 13 report. The firm has “Overweight” rating given on Wednesday, September 9 by JP Morgan. The company was maintained on Wednesday, April 26 by Jefferies. Benchmark maintained the shares of EDU in report on Friday, October 6 with “Buy” rating. The rating was downgraded by JP Morgan on Wednesday, May 17 to “Neutral”.

Since September 6, 2017, it had 0 insider buys, and 1 sale for $366,756 activity. Rose Paul also sold $366,756 worth of Henry Schein, Inc. (NASDAQ:HSIC) on Wednesday, September 6.

United Services Automobile Association decreased Sanderson Farms Inc (NASDAQ:SAFM) stake by 2,100 shares to 20,720 valued at $3.35M in 2017Q3. It also reduced Pnm Resources Inc (NYSE:PNM) stake by 83,000 shares and now owns 167,000 shares. Taiwan Semiconductor Manufacturing Co Ltd (NYSE:TSM) was reduced too.

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