Nord Anglia Education Inc (NORD) Shares Sold by Triple Frond Partners LLC

Triple Frond Partners LLC reduced its holdings in shares of Nord Anglia Education Inc (NYSE:NORD) by 87.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 188,073 shares of the company’s stock after selling 1,315,000 shares during the period. Nord Anglia Education comprises approximately 0.8% of Triple Frond Partners LLC’s portfolio, making the stock its 9th biggest holding. Triple Frond Partners LLC owned about 0.18% of Nord Anglia Education worth $6,126,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. OMERS ADMINISTRATION Corp bought a new position in shares of Nord Anglia Education in the second quarter worth approximately $2,413,000. Karp Capital Management Corp purchased a new stake in Nord Anglia Education in the first quarter worth $644,000. Omni Partners LLP purchased a new stake in Nord Anglia Education in the second quarter worth $13,867,000. Sensato Investors LLC purchased a new stake in Nord Anglia Education in the first quarter worth $5,704,000. Finally, Parametric Portfolio Associates LLC lifted its stake in Nord Anglia Education by 0.4% in the first quarter. Parametric Portfolio Associates LLC now owns 81,359 shares of the company’s stock worth $2,062,000 after acquiring an additional 292 shares during the period. Institutional investors and hedge funds own 30.75% of the company’s stock.

Nord Anglia Education Inc (NYSE NORD) traded up 0.22% during midday trading on Wednesday, hitting $32.57. The company’s stock had a trading volume of 306,234 shares. Nord Anglia Education Inc has a one year low of $20.08 and a one year high of $33.15. The company’s 50-day moving average is $32.74 and its 200 day moving average is $30.13. The company has a market cap of $3.39 billion, a price-to-earnings ratio of 57.75 and a beta of 0.96.

Nord Anglia Education (NYSE:NORD) last posted its quarterly earnings data on Tuesday, July 25th. The company reported $0.28 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.28. The firm had revenue of $272.20 million during the quarter, compared to the consensus estimate of $273.27 million. Nord Anglia Education had a return on equity of 12.59% and a net margin of 4.26%. The firm’s revenue was up 7.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.28 EPS. On average, analysts predict that Nord Anglia Education Inc will post $0.66 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “Nord Anglia Education Inc (NORD) Shares Sold by Triple Frond Partners LLC” was published by BBNS and is the property of of BBNS. If you are viewing this article on another site, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this article can be accessed at https://baseballnewssource.com/markets/nord-anglia-education-inc-nord-shares-sold-by-triple-frond-partners-llc/1702355.html.

Separately, BidaskClub lowered Nord Anglia Education from a “buy” rating to a “hold” rating in a research report on Saturday, July 22nd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $30.50.

Nord Anglia Education Profile

Nord Anglia Education, Inc is an operator of international schools. As of August 31, 2016, the Company taught over 37,000 students, from kindergarten through the end of secondary school (K-12), at its 43 schools in China, Europe, the Middle East, South East Asia and North America. The Company’s segments include China, Europe, Middle East (ME), Southeast Asia (SEA), North America and Other.

Institutional Ownership by Quarter for Nord Anglia Education (NYSE:NORD)

Receive News & Ratings for Nord Anglia Education Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nord Anglia Education Inc and related companies with our FREE daily email newsletter.

 


Latest News

Alex Cora Becomes New Manager for Boston Red Sox
Alex Cora Becomes New Manager for Boston Red Sox
Houston’s Dallas Keuchel Could Make Relief Appearance in Game 7
Houston’s Dallas Keuchel Could Make Relief Appearance in Game 7
Houston Astros Relying on Justin Verlander to Save Their Season
Houston Astros Relying on Justin Verlander to Save Their Season
Clayton Kershaw Gets Chance to Pitch LA into Fall Classic
Clayton Kershaw Gets Chance to Pitch LA into Fall Classic
Aaron Judge and Gary Sanchez Have Break Out Games
Aaron Judge and Gary Sanchez Have Break Out Games
Justin Turner Joining Postseason Legends
Justin Turner Joining Postseason Legends


Leave a Reply

 
© 2006-2017 BBNS.