Csenge Advisory Group raised its stake in TAL Education Group (NYSE:TAL) by 7.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 12,822 shares of the company’s stock after buying an additional 921 shares during the quarter. Csenge Advisory Group’s holdings in TAL Education Group were worth $462,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in TAL. MERIAN GLOBAL INVESTORS UK Ltd bought a new position in shares of TAL Education Group during the first quarter worth about $1,028,000. Trustcore Financial Services LLC bought a new position in shares of TAL Education Group during the first quarter worth about $42,000. Sumitomo Mitsui Asset Management Company LTD bought a new position in shares of TAL Education Group during the first quarter worth about $2,067,000. Discovery Value Fund grew its holdings in shares of TAL Education Group by 4.4% during the first quarter. Discovery Value Fund now owns 2,199,483 shares of the company’s stock worth $79,357,000 after buying an additional 92,600 shares in the last quarter. Finally, Krane Funds Advisors LLC grew its holdings in shares of TAL Education Group by 1.9% during the first quarter. Krane Funds Advisors LLC now owns 2,441,848 shares of the company’s stock worth $88,102,000 after buying an additional 45,900 shares in the last quarter. 58.71% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE TAL opened at $35.25 on Monday. TAL Education Group has a 52 week low of $21.08 and a 52 week high of $47.63. The company has a market cap of $19.98 billion, a P/E ratio of 57.79 and a beta of 0.13.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings results on Thursday, April 25th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.11 by $0.06. TAL Education Group had a return on equity of 18.28% and a net margin of 14.33%. The firm had revenue of $726.60 million during the quarter, compared to analysts’ expectations of $685.64 million. During the same period in the prior year, the firm posted $0.14 earnings per share. The business’s quarterly revenue was up 44.1% compared to the same quarter last year. Equities analysts predict that TAL Education Group will post 0.7 EPS for the current fiscal year.

Several brokerages recently commented on TAL. ValuEngine cut TAL Education Group from a “hold” rating to a “sell” rating in a research report on Friday, May 10th. Zacks Investment Research cut TAL Education Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 1st. Morgan Stanley raised TAL Education Group from an “equal weight” rating to an “overweight” rating and set a $34.90 price target for the company in a research report on Monday, March 25th. Macquarie cut TAL Education Group from an “outperform” rating to a “neutral” rating in a research report on Friday, April 12th. Finally, Jefferies Financial Group cut TAL Education Group from a “buy” rating to a “hold” rating and reduced their price target for the company from $37.00 to $33.00 in a research report on Friday, April 26th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $40.32.

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TAL Education Group Profile

TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. It offers tutoring services to K-12 students covering various academic subjects, including mathematics, physics, chemistry, biology, history, geography, political science, English, and Chinese. The company also provides tutoring services primarily through small classes under the Xueersi, Mobby, and Firstleap brand names; personalized premium services under Izhikang name; and online courses.

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Institutional Ownership by Quarter for TAL Education Group (NYSE:TAL)

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