Nomura Asset Management Company LTD Has Upped Its New Oriental Ed & Tech Grp I (EDU) Holding by $46.72 Million

Nomura Asset Management Company Ltd increased its stake in New Oriental Ed & Tech Grp I (EDU) by 6254.7% based on its latest 2019Q1 regulatory filing with the SEC. Nomura Asset Management Company Ltd bought 519,140 shares as the company’s stock rose 11.15% . The institutional investor held 527,440 shares of the consumer services company at the end of 2019Q1, valued at $47.52 million, up from 8,300 at the end of the previous reported quarter. Nomura Asset Management Company Ltd who had been investing in New Oriental Ed & Tech Grp I for a number of months, seems to be bullish on the $16.31B market cap company. The stock increased 1.31% or $1.33 during the last trading session, reaching $103. About 863,735 shares traded. New Oriental Education & Technology Group Inc. (NYSE:EDU) has risen 18.60% since August 15, 2018 and is uptrending. It has outperformed by 18.60% the S&P500.

Nomura Asset Management Company Ltd, which manages about $32.64B and $10.18B US Long portfolio, decreased its stake in Humana Inc (NYSE:HUM) by 18,593 shares to 45,376 shares, valued at $12.07 million in 2019Q1, according to the filing. It also reduced its holding in Mastercard Inc (NYSE:MA) by 30,916 shares in the quarter, leaving it with 945,560 shares, and cut its stake in Waste Mgmt Inc Del (NYSE:WM).

More notable recent New Oriental Education & Technology Group Inc. (NYSE:EDU) news were published by: Finance.Yahoo.com which released: “Is Cardinal Health, Inc. (CAH) A Good Stock To Buy? – Yahoo Finance” on June 18, 2019, also Finance.Yahoo.com with their article: “Is Diplomat Pharmacy Inc (DPLO) A Good Stock To Buy? – Yahoo Finance” published on May 03, 2019, Finance.Yahoo.com published: “Is New Oriental Education & Tech Group Inc. (EDU) A Good Stock To Buy? – Yahoo Finance” on June 14, 2019. More interesting news about New Oriental Education & Technology Group Inc. (NYSE:EDU) were released by: Finance.Yahoo.com and their article: “Calculating The Fair Value Of New Oriental Education & Technology Group Inc. (NYSE:EDU) – Yahoo Finance” published on May 08, 2019 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For April 23, 2019 – Benzinga” with publication date: April 23, 2019.

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