Nord Anglia Education Inc $ 32.57 0 (0%)
NORD News and Headlines - Nord Anglia Education Inc
In 1977, Paul Singer (Trades, Portfolio) founded Elliott Management Corporation. The $34 billion assets investment firm returned 13% in 2016 and has an overall net compound annual return of 14.6% compared to 10.9% of the S&P 500 Index, generated since its inception. During the third quarter the guru sold shares in the following stocks.
The guru closed his Nord Anglia Education Inc. (NORD) holding, impacting the portfolio by -0.95%.
The operator of premium international schools has a market cap of $3.39 billion and an enterprise value
Elliott Management founder Paul Singer (Trades, Portfolio) established 15 new positions during the second quarter, of which three were in technology companies. He bought NXP Semiconductors NV (NXPI), Gigamon Inc. (GIMO) and Athenahealth Inc. (ATHN).
Singer, a well-known activist investor, manages a portfolio of 78 stocks valued at $15.9 billion. Technology stocks currently compose 21.3% of his overall holdings.
In his largest transaction of the quarter, Singer purchased 12.4 million shares of NXP Semiconductors for an average price of $107.12 per share, giving it 8.53% portfolio space. He previously exited the stock in the first
Nord Anglia Education Inc. (NORD) is the world's leading operator of premium schools, teaching children from kindergarten through the end of secondary school. Nord operates 27 premium schools all over the globe and has over 17,000 students enrolled. They teach the English National Curriculum primarily to the children of expatriates whose employers provide premium schooling to their top executives. Though the schools have been around for decades, the company just came public in March, and we invested in its initial public offering and in the aftermarket.
We find a lot to like with the business. The schools have great reputations.
|2014-05-05 $ 19.47 (-1.57%)|
Baron Funds Comments on Nord Anglia Education - GuruFocus.com