Jane Street Group LLC Takes Position in Tarena International Inc (TEDU)

Share on StockTwits

Jane Street Group LLC purchased a new stake in shares of Tarena International Inc (NASDAQ:TEDU) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 24,733 shares of the business services provider’s stock, valued at approximately $156,000.

Several other hedge funds have also added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its stake in shares of Tarena International by 4.2% during the third quarter. Dimensional Fund Advisors LP now owns 433,886 shares of the business services provider’s stock valued at $3,523,000 after acquiring an additional 17,389 shares during the last quarter. Virtu Financial LLC bought a new position in Tarena International during the fourth quarter worth $184,000. BlackRock Inc. raised its stake in Tarena International by 5.0% during the third quarter. BlackRock Inc. now owns 709,415 shares of the business services provider’s stock worth $5,760,000 after buying an additional 33,904 shares during the last quarter. Finally, Prudential PLC bought a new position in Tarena International during the fourth quarter worth $2,296,000. 27.43% of the stock is owned by hedge funds and other institutional investors.

Shares of NASDAQ TEDU opened at $5.23 on Friday. Tarena International Inc has a twelve month low of $5.13 and a twelve month high of $10.87. The firm has a market cap of $289.10 million, a P/E ratio of -3.33 and a beta of 0.69.

Tarena International (NASDAQ:TEDU) last announced its earnings results on Monday, March 11th. The business services provider reported ($0.44) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.20). Tarena International had a negative return on equity of 49.52% and a negative net margin of 26.91%. The firm had revenue of $88.97 million for the quarter. On average, analysts expect that Tarena International Inc will post -1.35 EPS for the current fiscal year.

TEDU has been the subject of a number of analyst reports. BidaskClub downgraded shares of Tarena International from a “sell” rating to a “strong sell” rating in a research note on Thursday, January 17th. Zacks Investment Research raised shares of Tarena International from a “sell” rating to a “hold” rating in a research note on Wednesday, January 23rd. ValuEngine downgraded shares of Tarena International from a “strong-buy” rating to a “buy” rating in a research note on Sunday, December 23rd. Finally, Credit Suisse Group downgraded shares of Tarena International from a “neutral” rating to an “underperform” rating in a research note on Tuesday, March 12th. Five equities research analysts have rated the stock with a sell rating and one has issued a hold rating to the stock. The company currently has a consensus rating of “Sell” and an average price target of $6.90.

COPYRIGHT VIOLATION NOTICE: “Jane Street Group LLC Takes Position in Tarena International Inc (TEDU)” was published by Zolmax and is the property of of Zolmax. If you are reading this story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this story can be viewed at https://zolmax.com/investing/jane-street-group-llc-takes-position-in-tarena-international-inc-tedu/3051945.html.

About Tarena International

Tarena International, Inc, through its subsidiaries, provides professional education services through full-time and part-time classes in the People's Republic of China. It offers education courses in 13 information technology (IT) subjects, such as Java, .NET, C++, software testing, embedded, PHP, Android, iOS, Linux and network engineering, Big Data, Web front-end development, VR/AR, and Python; and 3 non-IT subjects, including digital art, online sales and marketing, and accounting through live distance instruction, classroom-based tutoring, and online learning modules.

Recommended Story: Understanding Analyst Ratings

Want to see what other hedge funds are holding TEDU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tarena International Inc (NASDAQ:TEDU).

Institutional Ownership by Quarter for Tarena International (NASDAQ:TEDU)

Receive News & Ratings for Tarena International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tarena International and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Brookfield Property Reit Inc  Holdings Boosted by Sumitomo Mitsui Asset Management Company LTD
Brookfield Property Reit Inc Holdings Boosted by Sumitomo Mitsui Asset Management Company LTD
Zacks: Chaparral Energy Inc  Receives Consensus Recommendation of “Strong Buy” from Brokerages
Zacks: Chaparral Energy Inc Receives Consensus Recommendation of “Strong Buy” from Brokerages
Kora Network Token  Achieves Market Cap of $114,120.00
Kora Network Token Achieves Market Cap of $114,120.00
EagleX  Hits One Day Volume of $14.00
EagleX Hits One Day Volume of $14.00
Raymond James & Associates Buys 17,577 Shares of Invesco S&P International Developed Low Volatility ETF
Raymond James & Associates Buys 17,577 Shares of Invesco S&P International Developed Low Volatility ETF
Orezone Gold  Hits New 12-Month Low at $0.41
Orezone Gold Hits New 12-Month Low at $0.41


 
© 2006-2019 Zolmax.