Copper Rock Capital Partners LLC Raises Position in Tarena International Inc (NASDAQ:TEDU)

Copper Rock Capital Partners LLC lifted its position in Tarena International Inc (NASDAQ:TEDU) by 25.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 383,576 shares of the business services provider’s stock after buying an additional 78,163 shares during the quarter. Copper Rock Capital Partners LLC owned about 0.68% of Tarena International worth $5,589,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of TEDU. Bank of New York Mellon Corp bought a new position in Tarena International during the second quarter worth $800,000. Nordea Investment Management AB increased its position in Tarena International by 26.0% during the second quarter. Nordea Investment Management AB now owns 129,863 shares of the business services provider’s stock worth $2,326,000 after acquiring an additional 26,830 shares during the period. State Street Corp increased its position in Tarena International by 7.2% during the second quarter. State Street Corp now owns 132,221 shares of the business services provider’s stock worth $2,368,000 after acquiring an additional 8,924 shares during the period. Greenwoods Asset Management Ltd increased its position in Tarena International by 35.5% during the third quarter. Greenwoods Asset Management Ltd now owns 1,072,375 shares of the business services provider’s stock worth $15,603,000 after acquiring an additional 280,718 shares during the period. Finally, Schroder Investment Management Group increased its position in Tarena International by 16.3% during the second quarter. Schroder Investment Management Group now owns 1,196,390 shares of the business services provider’s stock worth $21,523,000 after acquiring an additional 167,325 shares during the period. Institutional investors and hedge funds own 34.37% of the company’s stock.

Shares of Tarena International Inc (TEDU) traded up $0.04 during trading on Wednesday, reaching $13.38. 85,742 shares of the company’s stock traded hands, compared to its average volume of 117,978. The company has a market cap of $761.91, a price-to-earnings ratio of 23.91, a PEG ratio of 1.65 and a beta of 0.98. Tarena International Inc has a 12-month low of $12.52 and a 12-month high of $21.70.

Tarena International (NASDAQ:TEDU) last posted its earnings results on Monday, November 20th. The business services provider reported $0.24 earnings per share for the quarter. Tarena International had a net margin of 11.77% and a return on equity of 13.44%. analysts expect that Tarena International Inc will post 0.5 earnings per share for the current fiscal year.

A number of equities analysts recently issued reports on the stock. Zacks Investment Research raised shares of Tarena International from a “sell” rating to a “hold” rating in a research report on Wednesday, October 25th. BidaskClub lowered shares of Tarena International from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Finally, Jefferies Group lowered shares of Tarena International from a “buy” rating to a “hold” rating in a report on Wednesday, November 22nd. One investment analyst has rated the stock with a sell rating and six have given a hold rating to the company. Tarena International has an average rating of “Hold” and a consensus price target of $20.13.

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About Tarena International

Tarena International, Inc (Tarena International) is a holding company. The Company, through its subsidiaries, provides professional education services, including professional information technology (IT) training courses and non-IT training courses across the People’s Republic of China (PRC). It operates through training segment.

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

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