Power Corp of Canada Buys New Oriental Education & Technology Group Inc, iQIYI Inc

- By insider

Montreal, Quebec, Z4, based Investment company Power Corp of Canada buys New Oriental Education & Technology Group Inc, iQIYI Inc during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Power Corp of Canada. As of 2019Q1, Power Corp of Canada owns 6 stocks with a total value of $23 million. These are the details of the buys and sells.

• New Purchases: EDU,

• Added Positions: IQ, BABA,

• Warning! GuruFocus has detected 2 Warning Sign with ESBK. Click here to check it out.

• IQ 15-Year Financial Data

• The intrinsic value of IQ

• Peter Lynch Chart of IQ

For the details of Power Corp of Canada's stock buys and sells,
go to https://www.gurufocus.com/guru/power+corp+of+canada/current-portfolio/portfolio

These are the top 5 holdings of Power Corp of Canada

1. Alibaba Group Holding Ltd (BABA) - 51,300 shares, 40.45% of the total portfolio. Shares added by 11.52%

2. New Oriental Education & Technology Group Inc (EDU) - 71,400 shares, 27.79% of the total portfolio. New Position

3. TAL Education Group (TAL) - 66,000 shares, 10.29% of the total portfolio.

4. iQIYI Inc (IQ) - 84,500 shares, 8.73% of the total portfolio. Shares added by 101.19%

5. Huazhu Group Ltd (HTHT) - 41,000 shares, 7.47% of the total portfolio.

New Purchase: New Oriental Education & Technology Group Inc (EDU)

Power Corp of Canada initiated holding in New Oriental Education & Technology Group Inc. The purchase prices were between $53.95 and $90.09, with an estimated average price of $74.87. The stock is now traded at around $94.26. The impact to a portfolio due to this purchase was 27.79%. The holding were 71,400 shares as of .

Added: iQIYI Inc (IQ)

Power Corp of Canada added to a holding in iQIYI Inc by 101.19%. The purchase prices were between $14.8 and $27.7, with an estimated average price of $21.92. The stock is now traded at around $21.98. The impact to a portfolio due to this purchase was 4.39%. The holding were 84,500 shares as of .

Here is the complete portfolio of Power Corp of Canada. Also check out:

1. Power Corp of Canada's Undervalued Stocks

2. Power Corp of Canada's Top Growth Companies, and

3. Power Corp of Canada's High Yield stocks

4. Stocks that Power Corp of Canada keeps buyingThis article first appeared on GuruFocus.

• Warning! GuruFocus has detected 2 Warning Sign with ESBK. Click here to check it out.

• IQ 15-Year Financial Data

• The intrinsic value of IQ

• Peter Lynch Chart of IQ