TAL Education Group (NYSE:TAL) Trading 4.4% Higher

TAL Education Group (NYSE:TAL)’s stock price was up 4.4% during mid-day trading on Wednesday . The company traded as high as $11.89 and last traded at $11.82. Approximately 3,247,696 shares traded hands during mid-day trading, a decline of 54% from the average daily volume of 7,040,792 shares. The stock had previously closed at $11.32.

Wall Street Analyst Weigh In

A number of analysts have issued reports on TAL shares. JPMorgan Chase & Co. raised TAL Education Group from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $10.00 to $15.00 in a research note on Thursday, January 25th. StockNews.com lowered TAL Education Group from a “hold” rating to a “sell” rating in a research note on Wednesday, February 7th. Finally, TheStreet raised TAL Education Group from a “d+” rating to a “c-” rating in a research note on Wednesday, February 14th. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $12.37.

TAL Education Group Trading Down 1.9 %

The firm has a 50-day moving average of $12.64 and a 200 day moving average of $11.43. The stock has a market capitalization of $7.29 billion, a price-to-earnings ratio of -104.18 and a beta of 0.15.

TAL Education Group (NYSE:TAL) last released its quarterly earnings results on Thursday, January 25th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.02). The company had revenue of $373.51 million for the quarter, compared to analyst estimates of $330.96 million. TAL Education Group had a negative return on equity of 1.93% and a negative net margin of 5.30%. As a group, research analysts forecast that TAL Education Group will post -0.06 EPS for the current year.

Institutional Investors Weigh In On TAL Education Group

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Public Sector Pension Investment Board increased its holdings in TAL Education Group by 0.5% during the 4th quarter. Public Sector Pension Investment Board now owns 153,982 shares of the company’s stock worth $1,945,000 after purchasing an additional 800 shares during the last quarter. Tower Research Capital LLC TRC increased its holdings in shares of TAL Education Group by 50.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,550 shares of the company’s stock valued at $45,000 after acquiring an additional 1,191 shares during the last quarter. Aviva PLC increased its holdings in shares of TAL Education Group by 0.6% in the 3rd quarter. Aviva PLC now owns 284,351 shares of the company’s stock valued at $2,590,000 after acquiring an additional 1,600 shares during the last quarter. Daiwa Securities Group Inc. increased its holdings in shares of TAL Education Group by 16.9% in the 3rd quarter. Daiwa Securities Group Inc. now owns 20,100 shares of the company’s stock valued at $183,000 after acquiring an additional 2,900 shares during the last quarter. Finally, Amundi increased its holdings in shares of TAL Education Group by 0.3% in the 4th quarter. Amundi now owns 859,738 shares of the company’s stock valued at $7,695,000 after acquiring an additional 2,943 shares during the last quarter. 37.79% of the stock is currently owned by hedge funds and other institutional investors.

About TAL Education Group

TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. The company offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese.