TAL Education Group (NYSE:TAL) Shares Down 12.1% - Should You Sell?

TAL Education Group (NYSE:TAL - Get Free Report) was down 12.1% on Monday . The company traded as low as $10.50 and last traded at $10.79. Approximately 3,608,098 shares changed hands during trading, a decline of 48% from the average daily volume of 6,991,703 shares. The stock had previously closed at $12.28.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. StockNews.com upgraded TAL Education Group from a "sell" rating to a "hold" rating in a research note on Friday, January 24th. UBS Group upped their price objective on TAL Education Group from $16.40 to $17.20 and gave the stock a "buy" rating in a research report on Friday, January 24th.

TAL Education Group Stock Performance

The firm has a market capitalization of $5.78 billion, a PE ratio of 50.32 and a beta of 0.03. The firm's 50 day moving average price is $13.02 and its 200-day moving average price is $11.39.

Hedge Funds Weigh In On TAL Education Group

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. O Shaughnessy Asset Management LLC raised its position in shares of TAL Education Group by 5.3% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 16,636 shares of the company's stock worth $167,000 after purchasing an additional 838 shares during the last quarter. Sequoia Financial Advisors LLC raised its holdings in shares of TAL Education Group by 8.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 16,596 shares of the company's stock valued at $166,000 after acquiring an additional 1,256 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of TAL Education Group by 15.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 11,829 shares of the company's stock valued at $119,000 after acquiring an additional 1,556 shares during the last quarter. Blue Trust Inc. lifted its position in shares of TAL Education Group by 28.1% in the fourth quarter. Blue Trust Inc. now owns 9,843 shares of the company's stock valued at $99,000 after acquiring an additional 2,158 shares in the last quarter. Finally, RWC Asset Management LLP boosted its stake in shares of TAL Education Group by 3.0% in the fourth quarter. RWC Asset Management LLP now owns 93,784 shares of the company's stock worth $940,000 after acquiring an additional 2,726 shares during the last quarter. 37.79% of the stock is owned by hedge funds and other institutional investors.

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About TAL Education Group

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.