Td Asset Management Has Raised Holding in Kinross Gold (KGC); As New Oriental Ed & Tech Grp I Spon (EDU) Valuation Rose, Shareholder Swiss National Bank Has Decreased Its Stake by $3.90 Million

January 10, 2018 - By Dolores Ford

Swiss National Bank decreased its stake in New Oriental Ed & Tech Grp I Spon (EDU) by 14.01% based on its latest 2017Q3 regulatory filing with the SEC. Swiss National Bank sold 44,338 shares as the company’s stock rose 45.08% with the market. The institutional investor held 272,241 shares of the consumer services company at the end of 2017Q3, valued at $24.03 million, down from 316,579 at the end of the previous reported quarter. Swiss National Bank who had been investing in New Oriental Ed & Tech Grp I Spon for a number of months, seems to be less bullish one the $16.26B market cap company. The stock decreased 0.66% or $0.679 during the last trading session, reaching $102.831. About 249,563 shares traded. New Oriental Education & Technology Group Inc. (NYSE:EDU) has risen 76.69% since January 10, 2017 and is uptrending. It has outperformed by 59.99% the S&P500.

Td Asset Management Inc increased its stake in Kinross Gold Corp (KGC) by 37.83% based on its latest 2017Q3 regulatory filing with the SEC. Td Asset Management Inc bought 2.95M shares as the company’s stock rose 9.54% with the market. The institutional investor held 10.73 million shares of the precious metals company at the end of 2017Q3, valued at $45.39 million, up from 7.79 million at the end of the previous reported quarter. Td Asset Management Inc who had been investing in Kinross Gold Corp for a number of months, seems to be bullish on the $5.11B market cap company. The stock increased 0.12% or $0.005 during the last trading session, reaching $4.155. About 3.42M shares traded. Kinross Gold Corporation (NYSE:KGC) has declined 13.79% since January 10, 2017 and is downtrending. It has underperformed by 30.49% the S&P500.

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 stock has “Buy” rating by Brean Capital on Wednesday, October 21. The stock has “Buy” rating by TH Capital on Monday, January 18. The rating was maintained by TH Capital with “Buy” on Friday, January 15. The firm has “Buy” rating given on Wednesday, July 26 by Benchmark. The firm has “Outperform” rating by Credit Suisse given on Thursday, January 14. Morgan Stanley initiated it with “Overweight” rating and $100 target in Friday, August 25 report. Jefferies maintained New Oriental Education & Technology Group Inc. (NYSE:EDU) on Wednesday, April 26 with “Buy” rating. The rating was upgraded by Macquarie Research to “Outperform” on Friday, October 30. J.P. Morgan downgraded the stock to “Sell” rating in Thursday, September 14 report. The stock of New Oriental Education & Technology Group Inc. (NYSE:EDU) has “Buy” rating given on Wednesday, October 25 by Jefferies.

Swiss National Bank, which manages about $87.81B US Long portfolio, upped its stake in Alphabet Inc Cap Stk by 10,300 shares to 1.15M shares, valued at $1.10 billion in 2017Q3, according to the filing. It also increased its holding in Eqt Corp (NYSE:EQT) by 7,200 shares in the quarter, for a total of 638,636 shares, and has risen its stake in Cnh Indl N V (NYSE:CNHI).

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