TAL Education Group (NYSE:TAL) Stock Rating Lowered by StockNews.com

TAL Education Group (NYSE:TAL - Get Free Report) was downgraded by stock analysts at StockNews.com from a "hold" rating to a "sell" rating in a note issued to investors on Tuesday.

TAL Education Group Price Performance

Shares of TAL stock traded up $0.27 during trading hours on Tuesday, reaching $9.64. The company had a trading volume of 5,245,475 shares, compared to its average volume of 6,095,435. TAL Education Group has a 1-year low of $7.34 and a 1-year high of $15.52. The company has a 50 day moving average of $10.04 and a 200 day moving average of $9.84. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of 87.64 and a beta of -0.01.

TAL Education Group (NYSE:TAL - Get Free Report) last posted its earnings results on Thursday, October 24th. The company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.03. The company had revenue of $619.36 million during the quarter, compared to analyst estimates of $609.51 million. TAL Education Group had a return on equity of 1.97% and a net margin of 3.94%. During the same period in the previous year, the company earned $0.06 EPS. As a group, sell-side analysts forecast that TAL Education Group will post 0.17 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TAL. AQR Capital Management LLC lifted its position in TAL Education Group by 1.3% in the 2nd quarter. AQR Capital Management LLC now owns 253,624 shares of the company's stock valued at $2,706,000 after acquiring an additional 3,159 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund lifted its holdings in shares of TAL Education Group by 8.3% in the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 4,209,800 shares of the company's stock valued at $44,919,000 after purchasing an additional 321,000 shares in the last quarter. MBB Public Markets I LLC acquired a new position in shares of TAL Education Group during the second quarter worth about $308,000. Public Sector Pension Investment Board grew its holdings in shares of TAL Education Group by 1.6% during the second quarter. Public Sector Pension Investment Board now owns 149,682 shares of the company's stock worth $1,597,000 after buying an additional 2,400 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in TAL Education Group by 20.4% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,187,028 shares of the company's stock valued at $44,676,000 after buying an additional 709,845 shares during the last quarter. 37.79% of the stock is currently owned by institutional investors.

TAL Education Group Company Profile

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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