Investors Purchase High Volume of Call Options on TAL Education Group (NYSE:TAL)

TAL Education Group (NYSE:TAL – Get Free Report) was the target of unusually large options trading activity on Friday. Investors bought 20,053 call options on the stock. This represents an increase of approximately 3,455% compared to the average daily volume of 564 call options.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Jefferies Financial Group initiated coverage on TAL Education Group in a report on Friday, July 31st. They issued a “hold” rating for the company. Weiss Ratings upgraded TAL Education Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, September 16th. Zacks Research upgraded shares of TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Wall Street Zen downgraded shares of TAL Education Group from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, New Street Research set a $13.60 price target on TAL Education Group in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $14.80.

View Our Latest Analysis on TAL

TAL Education Group Price Performance

Shares of TAL traded up $0.40 during trading hours on Friday, hitting $12.88. 944,062 shares of the stock were exchanged, compared to its average volume of 4,044,752. The firm has a market capitalization of $7.14 billion, a P/E ratio of 7.98, a price-to-earnings-growth ratio of 0.74 and a beta of 0.09. The business has a 50-day moving average of $11.97 and a 200-day moving average of $11.01. TAL Education Group has a fifty-two week low of $8.88 and a fifty-two week high of $13.37.

TAL Education Group (NYSE:TAL – Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.75 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.46. The business had revenue of $758.38 million during the quarter, compared to analyst estimates of $719.40 million. TAL Education Group had a return on equity of 24.55% and a net margin of 28.43%. As a group, analysts forecast that TAL Education Group will post 1.26 earnings per share for the current fiscal year.

Insider Activity at TAL Education Group

In other news, insider Alex Peng sold 30,000 shares of the stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $12.28, for a total transaction of $368,400.00. Following the completion of the transaction, the insider directly owned 15,144 shares in the company, valued at $185,968.32. This represents a 66.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.81% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On TAL Education Group

A number of large investors have recently modified their holdings of the company. Arrowstreet Capital Limited Partnership raised its holdings in shares of TAL Education Group by 26.4% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 7,395,434 shares of the company’s stock worth $84,086,000 after acquiring an additional 1,546,549 shares during the last quarter. SEB Asset Management AB bought a new stake in TAL Education Group during the 1st quarter worth approximately $13,010,000. Hsbc Holdings PLC raised its stake in shares of TAL Education Group by 39.4% in the fourth quarter. Hsbc Holdings PLC now owns 2,435,836 shares of the company’s stock worth $26,575,000 after purchasing an additional 688,185 shares during the last quarter. Sei Investments Co. raised its stake in shares of TAL Education Group by 315.5% in the first quarter. Sei Investments Co. now owns 701,552 shares of the company’s stock worth $7,977,000 after purchasing an additional 532,694 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of TAL Education Group by 81.0% in the second quarter. Wellington Management Group LLP now owns 1,096,554 shares of the company’s stock valued at $10,494,000 after purchasing an additional 490,836 shares in the last quarter. 37.79% of the stock is currently owned by institutional investors.

TAL Education Group Company Profile

(Get Free Report)

TAL Education Group is a Chinese education and learning services company that provides programs, products and services designed to support students and families. The company serves primarily school-age learners and has historically operated through a combination of physical learning centers, online platforms and technology-enabled educational offerings.

Founded in 2003 as Xueersi, TAL became a publicly traded company on the New York Stock Exchange in 2010. Its business has included academic and enrichment programs, educational content, learning applications, tutoring services and related technology products.

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