SG Americas Securities LLC lowered its holdings in TAL Education Group (NYSE:TAL) by 21.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,220 shares of the company’s stock after selling 14,552 shares during the period. SG Americas Securities LLC’s holdings in TAL Education Group were worth $1,368,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Dupont Capital Management Corp grew its position in shares of TAL Education Group by 75.1% in the second quarter. Dupont Capital Management Corp now owns 10,616 shares of the company’s stock valued at $391,000 after purchasing an additional 4,554 shares during the period. TD Asset Management Inc. grew its position in shares of TAL Education Group by 99.6% in the second quarter. TD Asset Management Inc. now owns 52,894 shares of the company’s stock valued at $1,946,000 after purchasing an additional 26,400 shares during the period. Los Angeles Capital Management & Equity Research Inc. grew its position in shares of TAL Education Group by 10.1% in the second quarter. Los Angeles Capital Management & Equity Research Inc. now owns 107,700 shares of the company’s stock valued at $3,963,000 after purchasing an additional 9,900 shares during the period. Sumitomo Mitsui Trust Holdings Inc. grew its position in shares of TAL Education Group by 7.3% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 975,721 shares of the company’s stock valued at $35,907,000 after purchasing an additional 65,977 shares during the period. Finally, Aviva PLC boosted its position in TAL Education Group by 9.9% during the second quarter. Aviva PLC now owns 82,900 shares of the company’s stock worth $3,051,000 after acquiring an additional 7,500 shares during the last quarter. Hedge funds and other institutional investors own 63.98% of the company’s stock.

Shares of TAL stock opened at $28.89 on Friday. TAL Education Group has a 12 month low of $21.08 and a 12 month high of $47.63. The stock has a market cap of $13.88 billion, a price-to-earnings ratio of 84.97 and a beta of -0.30.

TAL Education Group (NYSE:TAL) last issued its earnings results on Thursday, October 25th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.02. TAL Education Group had a net margin of 11.61% and a return on equity of 16.10%. The company had revenue of $699.78 million for the quarter. As a group, equities analysts predict that TAL Education Group will post 0.45 EPS for the current fiscal year.

A number of equities analysts recently weighed in on the stock. ValuEngine lowered shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Saturday, August 18th. Nomura lowered their price target on shares of TAL Education Group from $39.00 to $28.00 and set a “neutral” rating on the stock in a research report on Friday, October 26th. Zacks Investment Research upgraded shares of TAL Education Group from a “hold” rating to a “buy” rating and set a $30.00 price target on the stock in a research report on Wednesday, September 26th. Citigroup downgraded shares of TAL Education Group from a “buy” rating to a “neutral” rating in a research note on Thursday, September 13th. Finally, Macquarie raised shares of TAL Education Group from a “neutral” rating to an “outperform” rating in a research note on Monday, October 15th. One research analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $41.00.

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TAL Education Group Profile

TAL Education Group, through its subsidiaries, 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.

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

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