BidaskClub upgraded shares of Hailiang Education Group (NASDAQ:HLG) from a hold rating to a buy rating in a research note published on Saturday.
Shares of NASDAQ:HLG opened at $61.00 on Friday. Hailiang Education Group has a 1 year low of $24.03 and a 1 year high of $88.92.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of Montreal Can bought a new stake in shares of Hailiang Education Group during the third quarter worth $140,000. Virtu Financial LLC bought a new stake in shares of Hailiang Education Group during the second quarter worth $204,000. Millennium Management LLC bought a new stake in shares of Hailiang Education Group during the first quarter worth $386,000. Dimensional Fund Advisors LP grew its stake in shares of Hailiang Education Group by 150.6% during the first quarter. Dimensional Fund Advisors LP now owns 28,400 shares of the company’s stock worth $2,137,000 after buying an additional 17,065 shares during the last quarter. Finally, First Trust Advisors LP bought a new stake in shares of Hailiang Education Group during the second quarter worth $2,889,000. 0.95% of the stock is currently owned by hedge funds and other institutional investors.
Hailiang Education Group Inc, through its subsidiaries, provides K-12 educational services in the People's Republic of China. The company operates eight centrally managed schools, including Zhuji Private High School, Tianma Experimental School, Hailiang Art Middle School, Hailiang International Kindergarten, Hailiang Primary School, Hailiang Junior Middle School, Hailiang Senior Middle School, and Hailiang Foreign Language School under the Hailiang brand in Zhuji city, Zhejiang province in the People's Republic of China.
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