Bright Scholar Education Holdngs Ltd-ADR (BEDU) Shares Sold by Jane Street Group LLC

Jane Street Group LLC decreased its stake in Bright Scholar Education Holdngs Ltd-ADR (NYSE:BEDU) by 12.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,790 shares of the company’s stock after selling 1,504 shares during the period. Jane Street Group LLC’s holdings in Bright Scholar Education Holdngs were worth $99,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Marshall Wace North America L.P. boosted its position in shares of Bright Scholar Education Holdngs by 16.2% in the third quarter. Marshall Wace North America L.P. now owns 13,516 shares of the company’s stock worth $167,000 after buying an additional 1,883 shares during the period. GSA Capital Partners LLP boosted its holdings in Bright Scholar Education Holdngs by 182.9% in the third quarter. GSA Capital Partners LLP now owns 29,600 shares of the company’s stock valued at $367,000 after purchasing an additional 19,138 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in Bright Scholar Education Holdngs by 26.7% in the third quarter. Renaissance Technologies LLC now owns 108,200 shares of the company’s stock valued at $1,341,000 after purchasing an additional 22,800 shares during the last quarter. Virtu Financial LLC purchased a new position in Bright Scholar Education Holdngs in the fourth quarter valued at about $246,000. Finally, Citigroup Inc. boosted its holdings in Bright Scholar Education Holdngs by 47.6% in the fourth quarter. Citigroup Inc. now owns 109,185 shares of the company’s stock valued at $1,005,000 after purchasing an additional 35,198 shares during the last quarter. 12.31% of the stock is owned by institutional investors.

Shares of BEDU opened at $11.57 on Friday. The stock has a market capitalization of $1.47 billion, a P/E ratio of 35.06 and a beta of 1.20. Bright Scholar Education Holdngs Ltd-ADR has a one year low of $8.82 and a one year high of $20.95.

Bright Scholar Education Holdngs (NYSE:BEDU) last issued its quarterly earnings results on Thursday, January 17th. The company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. The firm had revenue of $93.43 million during the quarter. Bright Scholar Education Holdngs had a return on equity of 10.78% and a net margin of 14.58%. As a group, equities analysts forecast that Bright Scholar Education Holdngs Ltd-ADR will post 0.41 EPS for the current fiscal year.

A number of brokerages recently commented on BEDU. Zacks Investment Research raised Bright Scholar Education Holdngs from a “hold” rating to a “buy” rating and set a $12.00 price target for the company in a report on Tuesday, February 5th. Goldman Sachs Group raised Bright Scholar Education Holdngs from a “neutral” rating to a “buy” rating and set a $10.28 price target for the company in a report on Thursday, March 28th. Three research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $11.14.

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Bright Scholar Education Holdngs Profile

Bright Scholar Education Holdings Limited operates K-12 schools in China. Its schools comprise international schools, bilingual schools, and kindergartens. The company also offers a range of complementary education services, including international camps and after-school programs, as well as international education consulting services.

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Institutional Ownership by Quarter for Bright Scholar Education Holdngs (NYSE:BEDU)

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