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Axiom International Investors Trimmed Holding in Primo Wtr (PRMW) by $416,647; As New Oriental Ed & Tech Grp I (EDU) Stock Rose, Shareholder Myriad Asset Management LTD Has Decreased Holding by $41.25 Million

Axiom International Investors Llc decreased its stake in Primo Wtr Corp (PRMW) by 13.62% based on its latest 2017Q3 regulatory filing with the SEC. Axiom International Investors Llc sold 37,877 shares as the company’s stock declined 24.55% while stock markets rallied. The institutional investor held 240,246 shares of the food distributors company at the end of 2017Q3, valued at $2.85M, down from 278,123 at the end of the previous reported quarter. Axiom International Investors Llc who had been investing in Primo Wtr Corp for a number of months, seems to be less bullish one the $394.39 million market cap company. The stock increased 1.47% or $0.19 during the last trading session, reaching $13.14. About 151,109 shares traded. Primo Water Corporation (NASDAQ:PRMW) has declined 3.15% since January 17, 2017 and is downtrending. It has underperformed by 19.85% the S&P500.

Myriad Asset Management Ltd decreased its stake in New Oriental Ed & Tech Grp I (EDU) by 81.51% based on its latest 2017Q3 regulatory filing with the SEC. Myriad Asset Management Ltd sold 468,764 shares as the company’s stock rose 45.08% with the market. The institutional investor held 106,336 shares of the consumer services company at the end of 2017Q3, valued at $9.39M, down from 575,100 at the end of the previous reported quarter. Myriad Asset Management Ltd who had been investing in New Oriental Ed & Tech Grp I for a number of months, seems to be less bullish one the $16.25 billion market cap company. The stock increased 2.22% or $2.24 during the last trading session, reaching $102.75. About 1.18M shares traded. New Oriental Education & Technology Group Inc. (NYSE:EDU) has risen 76.69% since January 17, 2017 and is uptrending. It has outperformed by 59.99% the S&P500.

Myriad Asset Management Ltd, which manages about $1.03B US Long portfolio, upped its stake in Molina Healthcare Inc (Prn) by 3.50 million shares to 10.50M shares, valued at $18.18M in 2017Q3, according to the filing. It also increased its holding in Tesla Inc (Prn) by 17.50M shares in the quarter, for a total of 30.00 million shares, and has risen its stake in Priceline Grp Inc (NASDAQ:PCLN).

Among 12 analysts covering New Oriental Education & Technology Group (NYSE:EDU), 9 have Buy rating, 1 Sell and 2 Hold. Therefore 75% are positive. New Oriental Education & Technology Group had 31 analyst reports since September 9, 2015 according to SRatingsIntel. On Wednesday, July 26 the stock rating was maintained by Benchmark with “Buy”. The firm has “Outperform” rating by Macquarie Research given on Thursday, January 21. Brean Capital initiated New Oriental Education & Technology Group Inc. (NYSE:EDU) on Thursday, July 21 with “Buy” rating. Brean Capital upgraded the stock to “Buy” rating in Wednesday, October 21 report. As per Thursday, September 14, the company rating was downgraded by J.P. Morgan. The firm earned “Buy” rating on Wednesday, April 19 by Benchmark. The company was initiated on Thursday, January 14 by Credit Suisse. Jefferies upgraded New Oriental Education & Technology Group Inc. (NYSE:EDU) rating on Wednesday, October 21. Jefferies has “Buy” rating and $32 target. The stock of New Oriental Education & Technology Group Inc. (NYSE:EDU) has “Buy” rating given on Friday, October 6 by Benchmark. The firm has “Overweight” rating by Morgan Stanley given on Friday, August 25.

Analysts await Primo Water Corporation (NASDAQ:PRMW) to report earnings on March, 21. They expect $0.02 earnings per share, up 112.50% or $0.18 from last year’s $-0.16 per share. PRMW’s profit will be $600,292 for 164.25 P/E if the $0.02 EPS becomes a reality. After $0.14 actual earnings per share reported by Primo Water Corporation for the previous quarter, Wall Street now forecasts -85.71% negative EPS growth.

Since August 15, 2017, it had 0 insider purchases, and 3 insider sales for $12.45 million activity. PRIM BILLY D sold $12.16 million worth of stock or 1.00M shares.

Axiom International Investors Llc, which manages about $10.22 billion and $4.45B US Long portfolio, upped its stake in Nice Sys Ltd (NASDAQ:NICE) by 27,529 shares to 79,810 shares, valued at $6.49 million in 2017Q3, according to the filing. It also increased its holding in Tyler Technologies Inc (NYSE:TYL) by 6,549 shares in the quarter, for a total of 55,324 shares, and has risen its stake in Summit Matls Inc.

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