TAL Education Group Sees Unusually High Options Volume (NYSE:TAL)

TAL Education Group (NYSE:TAL) was the recipient of unusually large options trading activity on Wednesday. Stock investors purchased 27,632 call options on the stock. This represents an increase of 438% compared to the typical volume of 5,138 call options.

Analyst Ratings Changes

Separately, StockNews.com downgraded shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, TAL Education Group has a consensus rating of “Moderate Buy” and an average price target of $14.80.

Institutional Investors Weigh In On TAL Education Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of TAL Education Group by 2,309.3% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,758,735 shares of the company’s stock valued at $174,743,000 after buying an additional 14,146,152 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in TAL Education Group by 108.8% during the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 8,790,900 shares of the company’s stock valued at $104,084,000 after purchasing an additional 4,581,100 shares in the last quarter. FMR LLC raised its position in TAL Education Group by 82,138.4% during the third quarter. FMR LLC now owns 7,224,647 shares of the company’s stock valued at $85,540,000 after purchasing an additional 7,215,862 shares in the last quarter. TT International Asset Management LTD raised its position in TAL Education Group by 12.9% during the fourth quarter. TT International Asset Management LTD now owns 4,896,911 shares of the company’s stock valued at $49,067,000 after purchasing an additional 559,110 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in TAL Education Group by 20.4% during the second quarter. The Manufacturers Life Insurance Company now owns 4,187,028 shares of the company’s stock valued at $44,676,000 after purchasing an additional 709,845 shares in the last quarter. 37.79% of the stock is currently owned by institutional investors and hedge funds.

TAL Education Group Trading Down 0.3 %

NYSE TAL opened at $9.60 on Thursday. TAL Education Group has a 1-year low of $7.34 and a 1-year high of $15.52. The company has a 50 day moving average of $10.04 and a 200-day moving average of $9.84. The company has a market cap of $5.81 billion, a price-to-earnings ratio of 87.27 and a beta of -0.01.

TAL Education Group (NYSE:TAL) last released its quarterly earnings results on Thursday, October 24th. The company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.09 by $0.03. TAL Education Group had a net margin of 3.94% and a return on equity of 1.97%. The company had revenue of $619.36 million during the quarter, compared to the consensus estimate of $609.51 million. During the same period in the previous year, the business earned $0.06 earnings per share. On average, equities research analysts forecast that TAL Education Group will post 0.17 earnings per share for the current year.

TAL Education Group Company Profile

TAL Education Group provides K-12 after-school tutoring services in the People’s Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.