TAL Education Group Sees Unusually Large Options Volume (TAL)

TAL Education Group (NYSE:TAL) was the target of unusually large options trading activity on Wednesday. Stock traders acquired 6,336 put options on the company. This is an increase of approximately 1,145% compared to the typical daily volume of 509 put options.

A number of institutional investors have recently added to or reduced their stakes in TAL. Nippon Life Insurance Co. increased its stake in TAL Education Group by 500.0% during the 3rd quarter. Nippon Life Insurance Co. now owns 3,708 shares of the company’s stock valued at $125,000 after buying an additional 3,090 shares during the period. Oppenheimer Asset Management Inc. acquired a new position in TAL Education Group during the 2nd quarter valued at about $153,000. Tower Research Capital LLC TRC acquired a new position in TAL Education Group during the 2nd quarter valued at about $154,000. Envestnet Asset Management Inc. increased its stake in TAL Education Group by 531.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,909 shares of the company’s stock valued at $166,000 after buying an additional 4,131 shares during the period. Finally, OLD National Bancorp IN acquired a new position in TAL Education Group during the 3rd quarter valued at about $206,000. 51.32% of the stock is currently owned by hedge funds and other institutional investors.

TAL Education Group (NYSE:TAL) opened at $28.99 on Friday. The company has a market cap of $14,480.00, a PE ratio of 115.96, a price-to-earnings-growth ratio of 1.46 and a beta of 0.19. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.14 and a current ratio of 1.14. TAL Education Group has a 52 week low of $12.90 and a 52 week high of $36.16.

TAL Education Group (NYSE:TAL) last released its earnings results on Thursday, October 26th. The company reported $0.10 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.12 by ($0.02). The company had revenue of $455.80 million for the quarter, compared to analyst estimates of $441.18 million. TAL Education Group had a net margin of 9.90% and a return on equity of 18.17%. TAL Education Group’s revenue for the quarter was up 68.1% on a year-over-year basis. equities research analysts forecast that TAL Education Group will post 0.35 earnings per share for the current year.

A number of analysts recently weighed in on the stock. Deutsche Bank assumed coverage on shares of TAL Education Group in a report on Thursday, January 4th. They issued a “buy” rating and a $35.00 price objective on the stock. ValuEngine cut shares of TAL Education Group from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Zacks Investment Research cut shares of TAL Education Group from a “hold” rating to a “sell” rating in a report on Friday, January 5th. Macquarie cut shares of TAL Education Group from an “outperform” rating to a “neutral” rating in a report on Friday, October 27th. Finally, Bank of America reaffirmed a “buy” rating and issued a $40.30 price objective (up previously from $29.10) on shares of TAL Education Group in a report on Monday, September 25th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and seven have issued a buy rating to the company. TAL Education Group currently has an average rating of “Hold” and a consensus target price 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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