Cambridge Investment Research Advisors Inc. bought a new position in shares of TAL Education (NYSE:TAL) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,233 shares of the company’s stock, valued at approximately $304,000.

A number of other large investors have also bought and sold shares of the stock. Franklin Resources Inc. raised its holdings in TAL Education by 12.2% during the 4th quarter. Franklin Resources Inc. now owns 4,981,566 shares of the company’s stock worth $148,002,000 after purchasing an additional 539,768 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in TAL Education by 0.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 3,697,337 shares of the company’s stock worth $109,847,000 after purchasing an additional 29,632 shares during the last quarter. Deutsche Bank AG raised its holdings in TAL Education by 86.9% during the 4th quarter. Deutsche Bank AG now owns 1,774,583 shares of the company’s stock worth $52,721,000 after purchasing an additional 825,268 shares during the last quarter. Nomura Asset Management Co. Ltd. raised its holdings in TAL Education by 19.3% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 1,581,146 shares of the company’s stock worth $46,976,000 after purchasing an additional 255,246 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in TAL Education by 16.4% during the 4th quarter. Bank of New York Mellon Corp now owns 1,177,322 shares of the company’s stock worth $34,977,000 after purchasing an additional 165,677 shares during the last quarter. Institutional investors and hedge funds own 55.94% of the company’s stock.

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Several research firms have issued reports on TAL. Zacks Investment Research lowered shares of TAL Education from a “hold” rating to a “sell” rating in a report on Thursday, March 29th. Deutsche Bank began coverage on shares of TAL Education in a report on Thursday, January 4th. They set a “buy” rating and a $35.00 price target for the company. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $31.55.

NYSE:TAL opened at $35.84 on Tuesday. The firm has a market capitalization of $17,755.47, a PE ratio of 162.91 and a beta of 0.34. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.08 and a quick ratio of 1.07. TAL Education has a twelve month low of $17.36 and a twelve month high of $41.75.

TAL Education (NYSE:TAL) last released its quarterly earnings data on Thursday, January 25th. The company reported $0.07 earnings per share for the quarter, meeting the consensus estimate of $0.07. The company had revenue of $433.27 million during the quarter. TAL Education had a net margin of 10.55% and a return on equity of 19.59%. analysts forecast that TAL Education will post 0.31 EPS for the current fiscal year.

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About TAL Education

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 (NYSE:TAL)

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