MARSHALL WACE ASIA Ltd Has $12.68 Million Holdings in TAL Education Group (TAL)

MARSHALL WACE ASIA Ltd raised its stake in shares of TAL Education Group (NYSE:TAL) by 186.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 493,249 shares of the company’s stock after acquiring an additional 320,793 shares during the quarter. MARSHALL WACE ASIA Ltd’s holdings in TAL Education Group were worth $12,682,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of TAL. Dupont Capital Management Corp lifted its holdings in shares of TAL Education Group by 75.1% during the second quarter. Dupont Capital Management Corp now owns 10,616 shares of the company’s stock valued at $391,000 after acquiring an additional 4,554 shares during the period. TD Asset Management Inc. lifted its holdings in shares of TAL Education Group by 99.6% during the second quarter. TD Asset Management Inc. now owns 52,894 shares of the company’s stock valued at $1,946,000 after acquiring an additional 26,400 shares during the period. Los Angeles Capital Management & Equity Research Inc. lifted its holdings in shares of TAL Education Group by 10.1% during 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 acquiring an additional 9,900 shares during the period. Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in shares of TAL Education Group by 7.3% during the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 975,721 shares of the company’s stock valued at $35,907,000 after acquiring an additional 65,977 shares during the period. Finally, Aviva PLC lifted its holdings in shares of TAL Education Group by 9.9% during the second quarter. Aviva PLC now owns 82,900 shares of the company’s stock valued at $3,051,000 after acquiring an additional 7,500 shares during the period. 63.98% of the stock is owned by institutional investors.

Shares of TAL Education Group stock traded up $0.49 during trading on Thursday, reaching $28.89. The company’s stock had a trading volume of 3,106,424 shares, compared to its average volume of 5,415,159. TAL Education Group has a one year low of $21.08 and a one year high of $47.63. The stock has a market capitalization of $13.88 billion, a price-to-earnings ratio of 84.97 and a beta of -0.30.

TAL Education Group (NYSE:TAL) last released its quarterly earnings results on Thursday, October 25th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.02. TAL Education Group had a return on equity of 16.10% and a net margin of 11.61%. The business had revenue of $699.78 million during the quarter. Equities analysts predict that TAL Education Group will post 0.45 EPS for the current fiscal year.

A number of research analysts have issued reports on the company. ValuEngine cut TAL Education Group from a “sell” rating to a “strong sell” rating in a report on Friday, September 7th. Zacks Investment Research cut TAL Education Group from a “buy” rating to a “hold” rating in a report on Thursday, September 27th. TheStreet cut TAL Education Group from a “b-” rating to a “c+” rating in a report on Tuesday, October 9th. Nomura cut their price target on TAL Education Group from $39.00 to $28.00 and set a “neutral” rating for the company in a report on Friday, October 26th. Finally, Macquarie raised TAL Education Group from a “neutral” rating to an “outperform” rating in a report on Monday, October 15th. One equities 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’s stock. The company presently has a consensus rating of “Hold” and an average price target 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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