OneSmart International Edun Gr (ONE) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of OneSmart International Edun Gr (NYSE:ONE) from a sell rating to a hold rating in a research report sent to investors on Tuesday morning.

According to Zacks, “OneSmart International Education Group Limited offers education services. The School provides K-12 after-school education services. It also offers one to one education, examination question analysis, mistakes settlement, tutoring, culture programs and other services. OneSmart International Education Group Limited is based in China. “

Separately, Deutsche Bank lowered shares of OneSmart International Edun Gr from a buy rating to a hold rating and upped their target price for the stock from $12.60 to $15.60 in a research note on Tuesday, July 24th.

Shares of ONE stock traded down $0.33 during trading hours on Tuesday, reaching $7.87. 72,102 shares of the stock were exchanged, compared to its average volume of 70,633. OneSmart International Edun Gr has a 12-month low of $7.53 and a 12-month high of $16.00.

Several hedge funds have recently added to or reduced their stakes in ONE. Millennium Management LLC purchased a new stake in shares of OneSmart International Edun Gr during the first quarter worth approximately $2,845,000. Acadian Asset Management LLC purchased a new position in OneSmart International Edun Gr in the second quarter valued at approximately $1,658,000. Hikari Power Ltd purchased a new position in OneSmart International Edun Gr in the second quarter valued at approximately $266,000. Engineers Gate Manager LP purchased a new position in OneSmart International Edun Gr in the second quarter valued at approximately $378,000. Finally, Russell Investments Group Ltd. purchased a new position in OneSmart International Edun Gr in the second quarter valued at approximately $129,000. Hedge funds and other institutional investors own 19.92% of the company’s stock.

OneSmart International Edun Gr Company Profile

OneSmart International Education Group Limited provides tutoring services for kindergarten and primary, middle, and high schools in the People's Republic of China. It offers young children services, including Chinese language and computer programming under the HappyMath brand; and English tutoring services focusing on early childhood under the brand FasTrack English brand.

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