TAL Education Group (NYSE:TAL - Get Free Report)'s share price gapped up before the market opened on Friday . The stock had previously closed at $12.80, but opened at $13.70. TAL Education Group shares last traded at $13.47, with a volume of 1,429,154 shares changing hands.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on TAL shares. StockNews.com raised shares of TAL Education Group from a "sell" rating to a "hold" rating in a research note on Friday, January 24th. UBS Group boosted their target price on shares of TAL Education Group from $16.40 to $17.20 and gave the company a "buy" rating in a research note on Friday, January 24th.
View Our Latest Analysis on TAL
TAL Education Group Price Performance
The stock's fifty day moving average price is $12.45 and its 200-day moving average price is $10.83. The firm has a market cap of $8.62 billion, a price-to-earnings ratio of 74.98 and a beta of 0.06.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in TAL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in TAL Education Group by 2,309.3% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 14,758,735 shares of the company's stock valued at $174,743,000 after purchasing an additional 14,146,152 shares in the last quarter. Norges Bank bought a new stake in TAL Education Group in the fourth quarter worth approximately $72,628,000. FMR LLC grew its position in TAL Education Group by 82,138.4% in the third quarter. FMR LLC now owns 7,224,647 shares of the company's stock worth $85,540,000 after acquiring an additional 7,215,862 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its position in TAL Education Group by 108.8% in the third quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 8,790,900 shares of the company's stock worth $104,084,000 after acquiring an additional 4,581,100 shares in the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in TAL Education Group in the third quarter worth approximately $25,545,000. 37.79% of the stock is owned by hedge funds and other institutional investors.
About TAL Education Group
(
Get Free Report)
TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. It provides learning services primarily through small-classes services; personalized premium services; and learning content solutions, such as print books, smart books, mobile apps, and AI-driven learning devices.
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