Investors Buy Large Volume of Call Options on TAL Education Group (NYSE:TAL)

TAL Education Group (NYSE:TAL – Get Rating) saw unusually large options trading on Tuesday. Investors bought 15,527 call options on the stock. This represents an increase of 86% compared to the average daily volume of 8,339 call options.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered TAL Education Group from a “hold” rating to a “sell” rating in a research note on Friday, January 13th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, TAL Education Group has a consensus rating of “Hold” and a consensus price target of $5.60.

TAL Education Group Stock Performance

TAL stock opened at $6.12 on Wednesday. TAL Education Group has a 1 year low of $1.60 and a 1 year high of $10.45. The firm has a market cap of $4.41 billion, a P/E ratio of -19.13 and a beta of -0.06. The stock has a 50-day simple moving average of $7.51 and a 200-day simple moving average of $6.25.

TAL Education Group (NYSE:TAL – Get Rating) last posted its earnings results on Thursday, January 19th. The company reported ($0.08) earnings per share (EPS) for the quarter. TAL Education Group had a negative net margin of 15.81% and a negative return on equity of 5.27%. The company had revenue of $232.68 million during the quarter. On average, equities research analysts predict that TAL Education Group will post -0.26 EPS for the current year.

Institutional Investors Weigh In On TAL Education Group

A number of large investors have recently modified their holdings of TAL. E Fund Management Hong Kong Co. Ltd. grew its stake in TAL Education Group by 135.4% during the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 244,990 shares of the company’s stock valued at $779,000 after purchasing an additional 140,916 shares in the last quarter. JPMorgan Chase & Co. grew its stake in TAL Education Group by 50.3% during the 1st quarter. JPMorgan Chase & Co. now owns 1,250,049 shares of the company’s stock valued at $3,762,000 after purchasing an additional 418,100 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in TAL Education Group during the 1st quarter valued at approximately $140,000. Panagora Asset Management Inc. grew its stake in TAL Education Group by 10.8% during the 1st quarter. Panagora Asset Management Inc. now owns 86,028 shares of the company’s stock valued at $259,000 after purchasing an additional 8,396 shares in the last quarter. Finally, BlackRock Inc. grew its stake in TAL Education Group by 4.1% during the 1st quarter. BlackRock Inc. now owns 19,736,428 shares of the company’s stock valued at $59,406,000 after purchasing an additional 780,929 shares in the last quarter. Institutional investors and hedge funds own 39.71% of the company’s stock.

About TAL Education Group

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TAL Education Group operates as a holding company, which engages in the provision of after-school tutoring programs for primary and secondary school students. Its services are delivered through small classes, personalized premium services such as one-on-one tutoring, and online course offerings for primary and middle school students.