US Bancorp DE lifted its holdings in TAL Education Group (NYSE:TAL) by 26.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 41,372 shares of the company’s stock after buying an additional 8,674 shares during the quarter. US Bancorp DE’s holdings in TAL Education Group were worth $1,229,000 as of its most recent filing with the SEC.
Other institutional investors have also bought and sold shares of the company. Ameriprise Financial Inc. bought a new stake in TAL Education Group in the 2nd quarter valued at about $514,000. Vanguard Group Inc. bought a new stake in shares of TAL Education Group during the 2nd quarter worth about $28,864,000. Dimensional Fund Advisors LP bought a new stake in shares of TAL Education Group during the 2nd quarter worth about $15,055,000. Voya Investment Management LLC bought a new stake in shares of TAL Education Group during the 2nd quarter worth about $788,000. Finally, QS Investors LLC bought a new stake in shares of TAL Education Group during the 2nd quarter worth about $208,000. Institutional investors own 55.98% of the company’s stock.
Shares of TAL Education Group (NYSE:TAL) traded up $0.71 on Wednesday, reaching $38.71. 3,053,846 shares of the company were exchanged, compared to its average volume of 5,380,000. TAL Education Group has a 52-week low of $15.39 and a 52-week high of $39.28. The stock has a market capitalization of $19,330.00, a P/E ratio of 133.48 and a beta of 0.28. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.08 and a quick ratio of 1.07.
TAL Education Group (NYSE:TAL) last announced its quarterly earnings data on Thursday, January 25th. The company reported $0.07 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.07. TAL Education Group had a net margin of 10.55% and a return on equity of 19.59%. The firm had revenue of $433.27 million for the quarter. equities analysts predict that TAL Education Group will post 0.33 earnings per share for the current year.
A number of research firms have commented on TAL. 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 assumed coverage on shares of TAL Education Group in a research note on Thursday, January 4th. They issued a “buy” rating and a $35.00 price objective on the stock. Finally, Zacks Investment Research cut shares of TAL Education Group from a “hold” rating to a “sell” rating in a research note on Friday, January 5th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $31.55.
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TAL Education Group Profile
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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