Russell Investments Group Ltd. grew its stake in shares of TAL Education Group (NYSE:TAL) by 8.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 663,961 shares of the company’s stock after purchasing an additional 49,220 shares during the quarter. Russell Investments Group Ltd. owned 0.14% of TAL Education Group worth $17,057,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Xact Kapitalforvaltning AB lifted its stake in shares of TAL Education Group by 2.6% during the second quarter. Xact Kapitalforvaltning AB now owns 58,300 shares of the company’s stock worth $2,145,000 after purchasing an additional 1,500 shares in the last quarter. KBC Group NV increased its position in shares of TAL Education Group by 7.2% during the second quarter. KBC Group NV now owns 31,444 shares of the company’s stock worth $1,157,000 after acquiring an additional 2,113 shares during the last quarter. Tower Research Capital LLC TRC increased its position in shares of TAL Education Group by 107.0% during the second quarter. Tower Research Capital LLC TRC now owns 4,581 shares of the company’s stock worth $169,000 after acquiring an additional 2,368 shares during the last quarter. Standard Life Aberdeen plc increased its position in shares of TAL Education Group by 3.1% during the second quarter. Standard Life Aberdeen plc now owns 85,599 shares of the company’s stock worth $3,150,000 after acquiring an additional 2,600 shares during the last quarter. Finally, Atria Investments LLC increased its position in shares of TAL Education Group by 19.2% during the second quarter. Atria Investments LLC now owns 16,984 shares of the company’s stock worth $625,000 after acquiring an additional 2,741 shares during the last quarter. Institutional investors own 60.68% of the company’s stock.

Shares of NYSE TAL opened at $27.27 on Friday. TAL Education Group has a 1 year low of $21.08 and a 1 year high of $47.63. The stock has a market cap of $14.38 billion, a PE ratio of 68.39 and a beta of -0.29.

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

A number of analysts have recently issued reports on TAL shares. Zacks Investment Research raised TAL Education Group from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a research report on Wednesday, September 26th. Macquarie raised TAL Education Group from a “neutral” rating to an “outperform” rating in a research report on Monday, October 15th. TheStreet lowered TAL Education Group from a “b-” rating to a “c+” rating in a research report on Tuesday, October 9th. ValuEngine lowered TAL Education Group from a “sell” rating to a “strong sell” rating in a research report on Friday, September 7th. Finally, Citigroup lowered TAL Education Group from a “buy” rating to a “neutral” rating in a research report on Thursday, September 13th. One analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $41.00.

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About TAL Education Group

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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