TAL Education Group Sees Unusually High Options Volume (NYSE:TAL)

TAL Education Group (NYSE:TAL) saw unusually large options trading activity on Wednesday. Stock traders bought 10,513 put options on the company. This represents an increase of 1,144% compared to the typical daily volume of 845 put options.

Several institutional investors and hedge funds have recently made changes to their positions in TAL. Price T Rowe Associates Inc. MD grew its stake in shares of TAL Education Group by 220.6% in the 2nd quarter. Price T Rowe Associates Inc. MD now owns 5,017,694 shares of the company’s stock worth $191,174,000 after purchasing an additional 3,452,556 shares during the last quarter. Hillhouse Capital Management LTD. grew its stake in shares of TAL Education Group by 267.8% in the 2nd quarter. Hillhouse Capital Management LTD. now owns 2,269,549 shares of the company’s stock worth $86,470,000 after purchasing an additional 1,652,525 shares during the last quarter. FMR LLC grew its stake in shares of TAL Education Group by 64.8% in the 1st quarter. FMR LLC now owns 3,819,325 shares of the company’s stock worth $137,801,000 after purchasing an additional 1,501,348 shares during the last quarter. Korea Investment CORP grew its stake in shares of TAL Education Group by 296.3% in the 2nd quarter. Korea Investment CORP now owns 1,963,635 shares of the company’s stock worth $74,814,000 after purchasing an additional 1,468,100 shares during the last quarter. Finally, BRILLIANCE ASSET MANAGEMENT Ltd acquired a new position in shares of TAL Education Group in the 2nd quarter worth approximately $42,679,000. 59.00% of the stock is currently owned by institutional investors.

Shares of TAL opened at $42.72 on Friday. The firm’s 50 day moving average is $36.48 and its 200-day moving average is $35.76. The stock has a market capitalization of $22.97 billion, a P/E ratio of 70.03 and a beta of 0.20. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.27 and a quick ratio of 1.27. TAL Education Group has a 12-month low of $23.43 and a 12-month high of $43.18.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings data on Thursday, July 25th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.04). The business had revenue of $702.80 million during the quarter, compared to analyst estimates of $717.09 million. TAL Education Group had a return on equity of 13.33% and a net margin of 10.80%. The business’s revenue for the quarter was up 27.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.14 EPS. As a group, equities research analysts forecast that TAL Education Group will post 0.49 EPS for the current fiscal year.

A number of analysts have commented on TAL shares. JPMorgan Chase & Co. restated an “overweight” rating on shares of TAL Education Group in a research report on Thursday, October 17th. Bank of America downgraded shares of TAL Education Group from a “buy” rating to a “neutral” rating in a research report on Thursday, July 25th. Zacks Investment Research downgraded shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Tuesday. Tigress Financial restated a “buy” rating on shares of TAL Education Group in a research report on Tuesday, July 2nd. Finally, ValuEngine upgraded shares of TAL Education Group from a “strong sell” rating to a “sell” rating in a research report on Wednesday, October 2nd. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $34.38.

TAL Education Group Company Profile

TAL Education Group 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. The company also provides tutoring services primarily through small classes under the Xueersi, Mobby, and Firstleap brand names; personalized premium services under Izhikang name; and online courses.

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