New Oriental Ed & Tech Grp I (EDU) Holder Trilogy Global Advisors LP Trimmed Holding by $18.87 Million; As Micron Technology (MU) Market Value Declined, Central Asset Investments & Management Holdings Hk LTD Trimmed Its Holding by $25.96 Million

Micron Technology, Inc. (NASDAQ:MU) Logo

Trilogy Global Advisors Lp decreased its stake in New Oriental Ed & Tech Grp I (EDU) by 58.61% based on its latest 2018Q2 regulatory filing with the SEC. Trilogy Global Advisors Lp sold 200,765 shares as the company’s stock declined 32.12% while stock markets rallied. The institutional investor held 141,787 shares of the consumer services company at the end of 2018Q2, valued at $13.42 million, down from 342,552 at the end of the previous reported quarter. Trilogy Global Advisors Lp who had been investing in New Oriental Ed & Tech Grp I for a number of months, seems to be less bullish one the $9.13B market cap company. The stock decreased 3.57% or $2.13 during the last trading session, reaching $57.5. About 1.07 million shares traded. New Oriental Education & Technology Group Inc. (NYSE:EDU) has declined 23.32% since December 8, 2017 and is downtrending. It has underperformed by 38.94% the S&P500.

Central Asset Investments & Management Holdings Hk Ltd decreased its stake in Micron Technology Inc (MU) by 69.54% based on its latest 2018Q2 regulatory filing with the SEC. Central Asset Investments & Management Holdings Hk Ltd sold 499,300 shares as the company’s stock declined 30.49% while stock markets rallied. The institutional investor held 218,657 shares of the technology company at the end of 2018Q2, valued at $11.47M, down from 717,957 at the end of the previous reported quarter. Central Asset Investments & Management Holdings Hk Ltd who had been investing in Micron Technology Inc for a number of months, seems to be less bullish one the $40.05 billion market cap company. The stock decreased 6.26% or $2.36 during the last trading session, reaching $35.31. About 30.56 million shares traded. Micron Technology, Inc. (NASDAQ:MU) has risen 21.73% since December 8, 2017 and is uptrending. It has outperformed by 6.11% the S&P500. Some Historical MU News: 11/05/2018 – TABLE-Hosokawa Micron 6277.T – 6-MTH group results; 07/05/2018 – Hosokawa Micron Reports Group Half-Year Earnings Forecasts; 28/03/2018 – Micron Waste Technologies Testifies to the Canadian Senate Regarding Innovations in Cannabis Waste Management; 14/05/2018 – Coatue Adds Micron, Exits Bank of America, Cuts Nvidia: 13F; 14/03/2018 – Broadcom for Intuit? Or Micron? Strange Pickings in RBC’s M&A Screen — Barron’s Blog; 23/03/2018 – Citi Research is concerned lower flash memory pricing will hurt Micron’s financial results later this year; 12/03/2018 – Cramer: Micron’s strength means Intel is a buy; 21/05/2018 – Tech Today: Snap’s Re-redesign, Google’s 60 Minutes, Micron’s Good Times — Barron’s Blog; 06/04/2018 – Micron Closes Below 50-Day Moving Average: Technicals; 21/05/2018 – Micron Technology (MU) 2018 Analyst and Investor Event (Transcript)

Central Asset Investments & Management Holdings Hk Ltd, which manages about $134.40M US Long portfolio, upped its stake in Noah Hldgs Ltd (NYSE:NOAH) by 22,300 shares to 63,300 shares, valued at $3.30M in 2018Q2, according to the filing. It also increased its holding in Alibaba Group Hldg Ltd (NYSE:BABA) by 59,300 shares in the quarter, for a total of 61,200 shares, and has risen its stake in Activision Blizzard Inc (NASDAQ:ATVI).

More notable recent Micron Technology, Inc. (NASDAQ:MU) news were published by: Schaeffersresearch.com which released: “MU Stock Dips Despite CEO Optimism – Schaeffers Research” on November 29, 2018, also Nasdaq.com with their article: “3 Chip Suppliers Inside the Apple iPhone XR Teardown – Nasdaq” published on November 15, 2018, Nasdaq.com published: “Noteworthy Wednesday Option Activity: CF, GOOGL, MU – Nasdaq” on November 14, 2018. More interesting news about Micron Technology, Inc. (NASDAQ:MU) were released by: Nasdaq.com and their article: “Noteworthy Monday Option Activity: MU, CRR, COUP – Nasdaq” published on December 03, 2018 as well as Seekingalpha.com‘s news article titled: “Micron: How Much Will The Buyback Affect Earnings? – Seeking Alpha” with publication date: November 28, 2018.

Investors sentiment increased to 1.4 in Q2 2018. Its up 0.27, from 1.13 in 2018Q1. It improved, as 59 investors sold MU shares while 236 reduced holdings. 111 funds opened positions while 302 raised stakes. 792.40 million shares or 6.41% less from 846.69 million shares in 2018Q1 were reported. Sector Pension Inv Board holds 0.03% or 87,446 shares in its portfolio. Nwq Investment Mngmt Ltd Liability stated it has 11,725 shares or 0.01% of all its holdings. 10,743 are owned by Mountain Pacific Investment Advisers Id. Amalgamated Bank & Trust holds 0.22% or 173,738 shares in its portfolio. State Of Tennessee Treasury Department invested in 0.43% or 1.63M shares. Boothbay Fund Mngmt Ltd Liability holds 0.17% in Micron Technology, Inc. (NASDAQ:MU) or 36,831 shares. New Mexico Educational Retirement Board owns 106,625 shares. Capstone Invest Advisors Ltd Liability Co invested in 0% or 3,593 shares. 7,602 were reported by Cypress Grp Inc. Parkwood Llc reported 15,194 shares or 0.13% of all its holdings. Baker Avenue Asset Lp reported 0.02% stake. Wetherby Asset Management stated it has 20,024 shares or 0.14% of all its holdings. Brown Advisory reported 38,228 shares or 0.01% of all its holdings. Kepos Cap LP stated it has 95,816 shares or 0.26% of all its holdings. Exane Derivatives reported 225 shares.

Among 45 analysts covering Micron Technology Inc. (NASDAQ:MU), 32 have Buy rating, 1 Sell and 12 Hold. Therefore 71% are positive. Micron Technology Inc. had 278 analyst reports since July 29, 2015 according to SRatingsIntel. Susquehanna maintained the shares of MU in report on Thursday, March 8 with “Buy” rating. The stock of Micron Technology, Inc. (NASDAQ:MU) has “Buy” rating given on Thursday, March 31 by UBS. The company was downgraded on Wednesday, May 24 by Standpoint Research. The firm has “Buy” rating given on Friday, April 15 by Brean Capital. The firm has “Buy” rating by Nomura given on Thursday, June 23. The firm has “Neutral” rating given on Monday, August 17 by Wedbush. Mizuho maintained Micron Technology, Inc. (NASDAQ:MU) rating on Tuesday, August 25. Mizuho has “Buy” rating and $16 target. The firm has “Buy” rating by Stifel Nicolaus given on Tuesday, June 6. The firm earned “Buy” rating on Tuesday, February 23 by Mizuho. Argus Research maintained Micron Technology, Inc. (NASDAQ:MU) rating on Friday, December 23. Argus Research has “Buy” rating and $28 target.

Analysts await Micron Technology, Inc. (NASDAQ:MU) to report earnings on December, 18 after the close. They expect $2.88 EPS, up 19.50% or $0.47 from last year’s $2.41 per share. MU’s profit will be $3.27B for 3.07 P/E if the $2.88 EPS becomes a reality. After $3.50 actual EPS reported by Micron Technology, Inc. for the previous quarter, Wall Street now forecasts -17.71% negative EPS growth.

Since July 2, 2018, it had 0 buys, and 2 selling transactions for $7.60 million activity. SWITZ ROBERT E sold $5.40M worth of stock.

Trilogy Global Advisors Lp, which manages about $14.31B and $1.01B US Long portfolio, upped its stake in Copa Holdings Sa (NYSE:CPA) by 52,621 shares to 191,837 shares, valued at $18.15M in 2018Q2, according to the filing. It also increased its holding in Makemytrip Limited Mauritius (NASDAQ:MMYT) by 50,815 shares in the quarter, for a total of 292,589 shares, and has risen its stake in Hdfc Bank Ltd (NYSE:HDB).

Among 13 analysts covering New Oriental Education & Technology Group (NYSE:EDU), 9 have Buy rating, 1 Sell and 3 Hold. Therefore 69% are positive. New Oriental Education & Technology Group had 43 analyst reports since September 9, 2015 according to SRatingsIntel. The firm has “Overweight” rating by Morgan Stanley given on Thursday, April 14. As per Wednesday, May 17, the company rating was downgraded by JP Morgan. The firm has “Buy” rating by Jefferies given on Tuesday, April 24. As per Thursday, September 14, the company rating was downgraded by J.P. Morgan. The company was upgraded on Monday, March 5 by J.P. Morgan. The stock of New Oriental Education & Technology Group Inc. (NYSE:EDU) has “Overweight” rating given on Friday, August 25 by Morgan Stanley. Benchmark maintained New Oriental Education & Technology Group Inc. (NYSE:EDU) on Wednesday, July 26 with “Buy” rating. Brean Capital initiated it with “Buy” rating and $52 target in Thursday, July 21 report. The company was maintained on Wednesday, October 25 by Jefferies. The firm earned “Buy” rating on Thursday, February 4 by Mizuho.

Micron Technology, Inc. (NASDAQ:MU) Institutional Positions Chart

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