TAL Education Group (NYSE:TAL) Shares Up 2.3%

TAL Education Group (NYSE:TAL)’s share price traded up 2.3% during mid-day trading on Wednesday . The company traded as high as $11.75 and last traded at $11.66. 343,400 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 6,789,945 shares. The stock had previously closed at $11.40.

Analysts Set New Price Targets

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

TAL Education Group Trading Up 3.7 %

The business’s fifty day simple moving average is $12.68 and its two-hundred day simple moving average is $11.32.

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

Institutional Trading of TAL Education Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Public Sector Pension Investment Board increased its holdings in shares of TAL Education Group by 0.5% in the 4th quarter. Public Sector Pension Investment Board now owns 153,982 shares of the company’s stock valued at $1,945,000 after acquiring an additional 800 shares during the period. 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 period. 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 period. 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 period. 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 period. Institutional investors and hedge funds own 37.79% of the company’s stock.

TAL Education Group Company Profile

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.