New Oriental Ed & Tech Grp I (EDU) Shareholder Nomura Asset Management Company LTD Increased Position 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 $47.52M, 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 $32.64 billion and $10.18 billion US Long portfolio, decreased its stake in Anthem Inc (NYSE:ANTM) by 13,000 shares to 57,994 shares, valued at $16.64 million in 2019Q1, according to the filing. It also reduced its holding in Cme Group Inc (NASDAQ:CME) by 94,613 shares in the quarter, leaving it with 483,480 shares, and cut its stake in Apple Inc (NASDAQ:AAPL).

More notable recent New Oriental Education & Technology Group Inc. (NYSE:EDU) news were published by: Seekingalpha.com which released: “HAS, INFN among premarket gainers – Seeking Alpha” on July 23, 2019, also Finance.Yahoo.com with their article: “Is Cardinal Health, Inc. (CAH) A Good Stock To Buy? – Yahoo Finance” published on June 18, 2019, Fool.com published: “Why New Oriental Education & Tech Group Stock Plunged Today – The Motley Fool” on October 23, 2018. More interesting news about New Oriental Education & Technology Group Inc. (NYSE:EDU) were released by: Finance.Yahoo.com and their article: “Taking A Look At Kemper Corporation’s (NYSE:KMPR) ROE – Yahoo Finance” published on July 05, 2019 as well as Finance.Yahoo.com‘s news article titled: “Were Hedge Funds Right About Flocking Into Skyworks Solutions Inc (SWKS)? – Yahoo Finance” with publication date: June 07, 2019.

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