Schwab Charles Investment Management Inc. raised its holdings in TAL Education Group (NYSE:TAL) by 85.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 129,549 shares of the company’s stock after buying an additional 59,549 shares during the quarter. Schwab Charles Investment Management Inc.’s holdings in TAL Education Group were worth $3,849,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the business. Creative Planning increased its holdings in TAL Education Group by 39.7% in the 4th quarter. Creative Planning now owns 18,500 shares of the company’s stock valued at $550,000 after buying an additional 5,258 shares during the period. WIM Asset Management HK Ltd bought a new stake in TAL Education Group in the 4th quarter valued at $12,784,000. DnB Asset Management AS grew its holdings in shares of TAL Education Group by 110.6% in the 4th quarter. DnB Asset Management AS now owns 865,400 shares of the company’s stock worth $25,711,000 after purchasing an additional 454,400 shares during the last quarter. AXA grew its holdings in shares of TAL Education Group by 236.2% in the 3rd quarter. AXA now owns 656,117 shares of the company’s stock worth $22,118,000 after purchasing an additional 460,952 shares during the last quarter. Finally, GSA Capital Partners LLP grew its holdings in shares of TAL Education Group by 355.5% in the 3rd quarter. GSA Capital Partners LLP now owns 36,005 shares of the company’s stock worth $1,214,000 after purchasing an additional 28,100 shares during the last quarter. 55.98% of the stock is currently owned by hedge funds and other institutional investors.
Shares of TAL Education Group stock opened at $38.32 on Monday. The company has a quick ratio of 1.07, a current ratio of 1.08 and a debt-to-equity ratio of 0.25. TAL Education Group has a fifty-two week low of $15.92 and a fifty-two week high of $39.28. The firm has a market cap of $18,733.19, a PE ratio of 135.25 and a beta of 0.28.
TAL Education Group (NYSE:TAL) last issued its quarterly earnings data on Thursday, January 25th. The company reported $0.07 EPS for the quarter, hitting analysts’ consensus estimates 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. research analysts expect that TAL Education Group will post 0.33 earnings per share for the current year.
Several equities research analysts have recently weighed in on the stock. ValuEngine lowered shares of TAL Education Group from a “hold” rating to a “sell” rating in a report on Friday, December 1st. 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 target price on the stock. Finally, Zacks Investment Research lowered shares of TAL Education Group from a “hold” rating to a “sell” rating in a report on Friday, January 5th. One analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $31.55.
ILLEGAL ACTIVITY WARNING: “Schwab Charles Investment Management Inc. Has $3.85 Million Holdings in TAL Education Group (TAL)” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this news story on another publication, it was illegally copied and republished in violation of United States & international copyright law. The legal version of this news story can be viewed at https://ledgergazette.com/2018/03/19/schwab-charles-investment-management-inc-has-3-85-million-holdings-in-tal-education-group-tal.html.
TAL Education Group Company 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.
Want to see what other hedge funds are holding TAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TAL Education Group (NYSE:TAL).
Receive News & Ratings for TAL Education Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAL Education Group and related companies with MarketBeat.com's FREE daily email newsletter.