BidaskClub upgraded shares of Hailiang Education Group (NASDAQ:HLG) from a hold rating to a buy rating in a research note issued to investors on Friday, BidAskClub reports.

HLG opened at $52.00 on Friday. Hailiang Education Group has a 52-week low of $30.25 and a 52-week high of $87.56.

Several institutional investors and hedge funds have recently added to or reduced their stakes in HLG. Legal & General Group Plc acquired a new stake in shares of Hailiang Education Group during the 3rd quarter worth $40,000. Deutsche Bank AG grew its holdings in shares of Hailiang Education Group by 21.4% during the 4th quarter. Deutsche Bank AG now owns 1,500 shares of the company’s stock worth $75,000 after purchasing an additional 264 shares in the last quarter. Canada Pension Plan Investment Board acquired a new stake in shares of Hailiang Education Group during the 4th quarter worth $250,000. Morgan Stanley grew its holdings in shares of Hailiang Education Group by 989.9% during the 1st quarter. Morgan Stanley now owns 7,204 shares of the company’s stock worth $278,000 after purchasing an additional 6,543 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Hailiang Education Group by 1.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 68,166 shares of the company’s stock worth $3,409,000 after purchasing an additional 745 shares in the last quarter. 0.85% of the stock is currently owned by institutional investors.

Hailiang Education Group Company Profile

Hailiang Education Group Inc, through its subsidiaries, provides K-12 educational services in the People's Republic of China. The company operates six affiliated schools that include Hailiang Primary School, Hailiang Junior Middle School, Hailiang Senior Middle School, Hailiang High School of Art, Hailiang Experimental High School, and Hailiang Foreign Language School; and sixteen managed schools.

Further Reading: How does the Beige Book influence monetary policy?

Receive News & Ratings for Hailiang Education Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hailiang Education Group and related companies with MarketBeat.com's FREE daily email newsletter.