Trading was light with 157K shares changing hands on Friday. Overall, volume was down 60.02% under the stocks normal daily volume.
These funds have also shifted positions in (TEDU). Bank Of Montreal /can/ bolstered its holdings by buying 21,707 shares an increase of 353.4% from 03/31/2017 to 06/30/2017. Bank Of Montreal /can/ now controls 27,849 shares worth $499,000. The value of the position overall is up by 333.9%. As of the end of the quarter Copper Rock Capital Partners, LLC had acquired 31,418 shares growing its position 13.1%. The value of the investment in Tarena International, Inc. – Am went from $4,570,000 to $4,895,000 a change of 7.1% for the reporting period.
Morgan Stanley added to its ownership by buying 968 shares an increase of 601.2%. Morgan Stanley claims 1,129 shares valued at $21,000. The total value of its holdings increased 950.0%. Schroder Investment Management Group augmented its position by buying 85,111 shares an increase of 16.6% as of 03/31/2017. Schroder Investment Management Group currently owns 596,319 shares with a value of $11,324,000. The value of the position overall is up by 47.8%.
Credit Suisse starting coverage on the stock by announcing an initial rating of “Outperform” and a price target of $11.00. August 20 investment analysts at Jefferies left the stock rating at “Buy” but lowered the price expectation to $12.50 from $16.20.
Equity analyst Brean Capital began coverage of TEDU setting a rating of “Buy” and projecting a price target of $19.00. On March 4 Jefferies held the stock rating at “Buy” but moved down the price target from $17.30 to $16.20.
On April 28 analysts at Oppenheimer added TEDU to its research portfolio with a rating of “Outperform” and setting a price target of $14.00. On April 28, 2014 Jefferies started covering TEDU giving it an initial rating of “Buy” and establishing a price target of $13.00.
The company is trading down by -0.16 percent from yesterday’s close.
Tarena International, Inc. (Tarena International), launched on October 8, 2003, is a holding company. The Company, through its subsidiaries, provides professional education services, including professional information technology (IT) training courses and non-IT training courses across the People’s Republic of China (PRC). The Company operates in the training segment. Tarena International offers courses in over 10 IT subjects and approximately three non-IT subjects, and over two kid education programs. It offers an education platform that combines live distance instruction, classroom-based tutoring and online learning modules. It delivers lectures through a group of instructors based in Beijing to a network of approximately 130 learning centers in over 40 cities in China..