Copper Rock Capital Partners LLC Buys New Holdings in Bright Scholar Education Holdngs Ltd-ADR (BEDU)

Copper Rock Capital Partners LLC bought a new position in shares of Bright Scholar Education Holdngs Ltd-ADR (NYSE:BEDU) during the fourth quarter, Holdings Channel reports. The institutional investor bought 922,926 shares of the company’s stock, valued at approximately $16,945,000.

A number of other large investors have also recently added to or reduced their stakes in BEDU. GSA Capital Partners LLP acquired a new position in shares of Bright Scholar Education Holdngs in the 3rd quarter valued at $806,000. JPMorgan Chase & Co. acquired a new position in shares of Bright Scholar Education Holdngs in the 3rd quarter valued at $1,367,000. Finally, Prudence Asset Management Ltd boosted its position in shares of Bright Scholar Education Holdngs by 531.6% in the 3rd quarter. Prudence Asset Management Ltd now owns 126,318 shares of the company’s stock valued at $2,934,000 after purchasing an additional 106,318 shares during the period. 11.20% of the stock is currently owned by hedge funds and other institutional investors.

Bright Scholar Education Holdngs Ltd-ADR (NYSE:BEDU) opened at $20.02 on Tuesday. Bright Scholar Education Holdngs Ltd-ADR has a 1 year low of $10.55 and a 1 year high of $28.18. The firm has a market capitalization of $2,350.00 and a price-to-earnings ratio of 80.08.

A number of equities analysts recently weighed in on the company. Morgan Stanley lowered Bright Scholar Education Holdngs from an “overweight” rating to an “equal weight” rating in a research report on Monday. Deutsche Bank assumed coverage on Bright Scholar Education Holdngs in a research report on Wednesday, October 18th. They issued a “buy” rating for the company.

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About Bright Scholar Education Holdngs

Bright Scholar Education Holdings Limited is an operator of international and bilingual K-12 schools in China. The Company is engaged in providing international education to Chinese students. Its schools comprise international schools, bilingual schools and kindergartens. It offers a broad range of internationally-accredited curricula at its international schools.

Want to see what other hedge funds are holding BEDU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Bright Scholar Education Holdngs Ltd-ADR (NYSE:BEDU).

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