Four Seasons Edu (Cayman) (FEDU) Raised to Hold at Zacks Investment Research
Four Seasons Edu (Cayman) (NYSE:FEDU) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.
According to Zacks, “Four Seasons Education Inc. provides educational services. The Company offers after-school mathematics and online education services for elementary school students. Four Seasons Education Inc. is based in China. “
Several other research firms also recently issued reports on FEDU. Morgan Stanley downgraded Four Seasons Edu (Cayman) from an “overweight” rating to an “equal weight” rating in a research note on Friday, June 29th. Citigroup downgraded Four Seasons Edu (Cayman) from a “buy” rating to a “neutral” rating in a research note on Friday, August 3rd.
Four Seasons Edu (Cayman) (NYSE:FEDU) last released its earnings results on Thursday, August 2nd. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The business had revenue of $13.47 million during the quarter. equities analysts anticipate that Four Seasons Edu will post 0.17 EPS for the current fiscal year.
A hedge fund recently raised its stake in Four Seasons Edu (Cayman) stock. OppenheimerFunds Inc. lifted its position in shares of Four Seasons Edu (Cayman) Inc (NYSE:FEDU) by 89.5% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 581,533 shares of the company’s stock after buying an additional 274,703 shares during the quarter. OppenheimerFunds Inc. owned approximately 4.88% of Four Seasons Edu (Cayman) worth $3,856,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 60.70% of the company’s stock.
About Four Seasons Edu (Cayman)
Four Seasons Education (Cayman) Inc, together with its subsidiaries, provides after-school education services in the People's Republic of China. The company's education services comprise standard programs; personalized Ivy programs; and special programs, including competition workshops and courses delivered to K-12 schools.
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