Growth Interface Management LLC bought a new stake in TAL Education Group (NYSE:TAL) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 405,002 shares of the company’s stock, valued at approximately $10,805,000. TAL Education Group makes up about 10.9% of Growth Interface Management LLC’s investment portfolio, making the stock its 6th largest position. Growth Interface Management LLC owned approximately 0.07% of TAL Education Group as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently modified their holdings of the company. Csenge Advisory Group bought a new stake in TAL Education Group in the third quarter valued at approximately $27,000. Lavaca Capital LLC bought a new stake in shares of TAL Education Group during the fourth quarter worth $58,000. Quadrant Capital Group LLC increased its position in shares of TAL Education Group by 246.9% during the fourth quarter. Quadrant Capital Group LLC now owns 3,309 shares of the company’s stock worth $86,000 after acquiring an additional 2,355 shares in the last quarter. American International Group Inc. bought a new stake in shares of TAL Education Group during the third quarter worth $143,000. Finally, Exane Derivatives increased its position in shares of TAL Education Group by 222.6% during the third quarter. Exane Derivatives now owns 7,807 shares of the company’s stock worth $203,000 after acquiring an additional 5,387 shares in the last quarter. 55.24% of the stock is owned by hedge funds and other institutional investors.
Several equities research analysts have recently issued reports on the stock. TheStreet raised shares of TAL Education Group from a “c+” rating to a “b-” rating in a research report on Friday, January 25th. ValuEngine raised shares of TAL Education Group from a “sell” rating to a “hold” rating in a research report on Tuesday, February 5th. Zacks Investment Research raised shares of TAL Education Group from a “hold” rating to a “buy” rating and set a $34.00 price objective for the company in a research report on Tuesday, January 29th. Citigroup raised shares of TAL Education Group from a “neutral” rating to a “buy” rating in a research report on Wednesday, January 9th. Finally, Macquarie set a $32.00 price objective on shares of TAL Education Group and gave the stock a “buy” rating in a research report on Tuesday, January 15th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $41.20.
TAL Education Group (NYSE:TAL) last announced its earnings results on Thursday, January 24th. The company reported $0.21 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.05 by $0.16. TAL Education Group had a net margin of 14.40% and a return on equity of 18.88%. The business had revenue of $585.99 million during the quarter, compared to analysts’ expectations of $573.90 million. During the same quarter in the prior year, the company posted $0.09 earnings per share. The firm’s revenue was up 35.2% on a year-over-year basis. Analysts forecast that TAL Education Group will post 0.55 EPS for the current fiscal year.
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TAL Education Group Company Profile
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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