Traders Buy Large Volume of Call Options on TAL Education Group (NYSE:TAL)

TAL Education Group (NYSE:TAL) was the recipient of unusually large options trading on Thursday. Stock investors purchased 8,855 call options on the company. This is an increase of 477% compared to the average volume of 1,535 call options.

Analyst Ratings Changes

TAL has been the topic of a number of research reports. Wall Street Zen lowered TAL Education Group from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. JPMorgan Chase & Co. raised shares of TAL Education Group from a “neutral” rating to an “overweight” rating and set a $16.00 price target on the stock in a research note on Thursday, October 30th. Zacks Research lowered shares of TAL Education Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of TAL Education Group in a report on Monday, December 29th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $12.81.

TAL Education Group Stock Performance

Shares of TAL traded up $2.07 during midday trading on Thursday, hitting $12.83. 11,654,296 shares of the stock were exchanged, compared to its average volume of 4,037,628. TAL Education Group has a 52-week low of $8.50 and a 52-week high of $15.30. The stock has a fifty day simple moving average of $11.13 and a 200 day simple moving average of $11.11. The firm has a market cap of $7.81 billion, a P/E ratio of 44.16, a P/E/G ratio of 0.66 and a beta of 0.06.

TAL Education Group (NYSE:TAL) last issued its quarterly earnings results on Thursday, January 29th. The company reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.19. TAL Education Group had a net margin of 6.45% and a return on equity of 4.71%. As a group, equities research analysts forecast that TAL Education Group will post 0.2 EPS for the current fiscal year.

Hedge Funds Weigh In On TAL Education Group

Several institutional investors have recently modified their holdings of TAL. Quarry LP acquired a new position in TAL Education Group during the 3rd quarter worth $42,000. Hantz Financial Services Inc. grew its position in shares of TAL Education Group by 572.7% during the third quarter. Hantz Financial Services Inc. now owns 9,666 shares of the company’s stock worth $108,000 after buying an additional 8,229 shares in the last quarter. Brooklyn Investment Group increased its stake in shares of TAL Education Group by 386.0% during the third quarter. Brooklyn Investment Group now owns 11,080 shares of the company’s stock worth $124,000 after buying an additional 8,800 shares during the period. Prelude Capital Management LLC acquired a new stake in TAL Education Group in the third quarter valued at approximately $142,000. Finally, PNC Financial Services Group Inc. lifted its stake in TAL Education Group by 19.4% in the second quarter. PNC Financial Services Group Inc. now owns 13,983 shares of the company’s stock worth $143,000 after acquiring an additional 2,268 shares during the last quarter. Institutional investors and hedge funds own 37.79% of the company’s stock.

About TAL Education Group

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China’s largest private education firms.