Davis Selected Advisers increased its position in TAL Education Group (NYSE:TAL) by 494.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,537,827 shares of the company’s stock after buying an additional 2,111,241 shares during the quarter. Davis Selected Advisers owned 0.52% of TAL Education Group worth $85,550,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in TAL. Baillie Gifford & Co. lifted its holdings in shares of TAL Education Group by 530.5% in the 3rd quarter. Baillie Gifford & Co. now owns 23,724,100 shares of the company’s stock worth $799,739,000 after purchasing an additional 19,961,398 shares in the last quarter. Greenwoods Asset Management Ltd lifted its holdings in shares of TAL Education Group by 474.7% in the 3rd quarter. Greenwoods Asset Management Ltd now owns 6,626,686 shares of the company’s stock worth $223,386,000 after purchasing an additional 5,473,555 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of TAL Education Group by 501.8% in the 3rd quarter. Principal Financial Group Inc. now owns 4,816,308 shares of the company’s stock worth $162,358,000 after purchasing an additional 4,015,962 shares in the last quarter. Thornburg Investment Management Inc. lifted its holdings in shares of TAL Education Group by 1,386.4% in the 3rd quarter. Thornburg Investment Management Inc. now owns 3,353,831 shares of the company’s stock worth $113,058,000 after purchasing an additional 3,128,201 shares in the last quarter. Finally, TB Alternative Assets Ltd. lifted its holdings in shares of TAL Education Group by 444.4% in the 3rd quarter. TB Alternative Assets Ltd. now owns 2,836,432 shares of the company’s stock worth $95,616,000 after purchasing an additional 2,315,385 shares in the last quarter. 51.34% of the stock is owned by institutional investors.

A number of brokerages recently issued reports on TAL. ValuEngine cut TAL Education Group from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Macquarie cut TAL Education Group from an “outperform” rating to a “neutral” rating in a research note on Friday, October 27th. Zacks Investment Research upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating and set a $39.00 price objective on the stock in a research note on Thursday, October 26th. Bank of America restated a “buy” rating and set a $40.30 price objective (up from $29.10) on shares of TAL Education Group in a research note on Monday, September 25th. Finally, Jefferies Group raised their price objective on TAL Education Group to $35.00 and gave the company a “buy” rating in a research note on Monday, August 28th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $31.16.

Shares of TAL Education Group (NYSE:TAL) traded down $0.35 during trading hours on Thursday, reaching $28.99. The company’s stock had a trading volume of 4,133,800 shares, compared to its average volume of 4,006,773. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.32. TAL Education Group has a fifty-two week low of $11.02 and a fifty-two week high of $36.16. The company has a market cap of $14,480.00, a PE ratio of 122.25, a PEG ratio of 1.36 and a beta of 0.17.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings data on Thursday, October 26th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.02). TAL Education Group had a net margin of 9.90% and a return on equity of 18.17%. The company had revenue of $455.80 million for the quarter, compared to the consensus estimate of $441.18 million. The business’s revenue was up 68.1% on a year-over-year basis. equities research analysts forecast that TAL Education Group will post 0.37 earnings per share for the current year.

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TAL Education Group Company Profile

TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.

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

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