OneSmart International Edun Gr (ONE) Downgraded by Zacks Investment Research

Zacks Investment Research lowered shares of OneSmart International Edun Gr (NYSE:ONE) from a hold rating to a sell rating in a report issued on Wednesday morning.

According to Zacks, “OneSmart International Education Group Limited offers education services. The School provides K-12 after-school education services. It also offers one to one education, examination question analysis, mistakes settlement, tutoring, culture programs and other services. OneSmart International Education Group Limited is based in China. “

Separately, Deutsche Bank cut OneSmart International Edun Gr from a buy rating to a hold rating and lifted their price target for the company from $12.60 to $15.60 in a report on Tuesday, July 24th.

ONE opened at $7.49 on Wednesday. OneSmart International Edun Gr has a twelve month low of $7.36 and a twelve month high of $16.00.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Morgan Stanley raised its holdings in shares of OneSmart International Edun Gr by 6.5% during the third quarter. Morgan Stanley now owns 239,958 shares of the business services provider’s stock valued at $2,141,000 after buying an additional 14,743 shares during the last quarter. Standard Life Aberdeen plc raised its holdings in shares of OneSmart International Edun Gr by 1.3% during the third quarter. Standard Life Aberdeen plc now owns 2,382,940 shares of the business services provider’s stock valued at $21,268,000 after buying an additional 30,240 shares during the last quarter. Sensato Investors LLC raised its holdings in shares of OneSmart International Edun Gr by 437.1% during the third quarter. Sensato Investors LLC now owns 62,300 shares of the business services provider’s stock valued at $556,000 after buying an additional 50,700 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in OneSmart International Edun Gr during the third quarter worth approximately $138,000. Finally, GSA Capital Partners LLP bought a new stake in OneSmart International Edun Gr during the third quarter worth approximately $102,000. 19.72% of the stock is currently owned by institutional investors.

About OneSmart International Edun Gr

OneSmart International Education Group Limited provides tutoring services for kindergarten and primary, middle, and high schools in the People's Republic of China. It offers young children services, including Chinese language and computer programming under the HappyMath brand; and English tutoring services focusing on early childhood under the brand FasTrack English brand.

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