GSA Capital Partners LLP increased its holdings in shares of TAL Education Group (NYSE:TAL) by 355.5% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 36,005 shares of the company’s stock after purchasing an additional 28,100 shares during the quarter. GSA Capital Partners LLP’s holdings in TAL Education Group were worth $1,214,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of TAL. World Asset Management Inc grew its position in TAL Education Group by 502.6% in the third quarter. World Asset Management Inc now owns 16,216 shares of the company’s stock valued at $547,000 after acquiring an additional 13,525 shares in the last quarter. Macquarie Group Ltd. acquired a new stake in TAL Education Group in the second quarter valued at approximately $503,000. Candriam Luxembourg S.C.A. grew its position in TAL Education Group by 587.6% in the third quarter. Candriam Luxembourg S.C.A. now owns 737,800 shares of the company’s stock valued at $24,871,000 after acquiring an additional 630,500 shares in the last quarter. Legal & General Group Plc acquired a new stake in TAL Education Group in the second quarter valued at approximately $11,312,000. Finally, Swiss National Bank acquired a new stake in TAL Education Group in the second quarter valued at approximately $12,180,000. 51.22% of the stock is owned by hedge funds and other institutional investors.
Shares of TAL Education Group (NYSE:TAL) traded down $1.32 on Friday, reaching $31.08. The company had a trading volume of 7,910,000 shares, compared to its average volume of 4,120,000. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.14 and a quick ratio of 1.14. The company has a market capitalization of $15,520.00, a PE ratio of 124.32, a PEG ratio of 1.59 and a beta of 0.19. TAL Education Group has a 52-week low of $12.34 and a 52-week high of $36.16.
TAL Education Group (NYSE:TAL) last posted its earnings results on Thursday, October 26th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). The company had revenue of $455.80 million during the quarter, compared to the consensus estimate of $441.18 million. TAL Education Group had a net margin of 9.90% and a return on equity of 18.17%. The company’s revenue for the quarter was up 68.1% compared to the same quarter last year. sell-side analysts predict that TAL Education Group will post 0.35 EPS for the current year.
Several analysts have issued reports on the stock. Zacks Investment Research raised shares of TAL Education Group from a “hold” rating to a “strong-buy” rating and set a $39.00 price objective for the company in a research report on Thursday, October 26th. ValuEngine downgraded shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. Deutsche Bank started coverage on shares of TAL Education Group in a research report on Thursday, January 4th. They set a “buy” rating and a $35.00 price target for the company. Bank of America reissued a “buy” rating and set a $40.30 price target (up previously from $29.10) on shares of TAL Education Group in a research report on Monday, September 25th. Finally, Macquarie downgraded shares of TAL Education Group from an “outperform” rating to a “neutral” rating in a research report on Friday, October 27th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $31.55.
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About TAL Education Group
TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.
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