Quantbot Technologies LP Decreases Holdings in TAL Education Group (TAL)

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Quantbot Technologies LP trimmed its position in shares of TAL Education Group (NYSE:TAL) by 16.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,987 shares of the company’s stock after selling 4,101 shares during the period. Quantbot Technologies LP’s holdings in TAL Education Group were worth $539,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. KBC Group NV lifted its stake in TAL Education Group by 7.2% during the second quarter. KBC Group NV now owns 31,444 shares of the company’s stock worth $1,157,000 after purchasing an additional 2,113 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in TAL Education Group by 107.0% during the second quarter. Tower Research Capital LLC TRC now owns 4,581 shares of the company’s stock worth $169,000 after purchasing an additional 2,368 shares in the last quarter. Crossmark Global Holdings Inc. raised its stake in shares of TAL Education Group by 19.5% in the third quarter. Crossmark Global Holdings Inc. now owns 14,650 shares of the company’s stock valued at $377,000 after acquiring an additional 2,390 shares in the last quarter. Brookstone Capital Management raised its stake in shares of TAL Education Group by 42.7% in the third quarter. Brookstone Capital Management now owns 8,374 shares of the company’s stock valued at $215,000 after acquiring an additional 2,506 shares in the last quarter. Finally, Standard Life Aberdeen plc raised its stake in shares of TAL Education Group by 3.1% in the second quarter. Standard Life Aberdeen plc now owns 85,599 shares of the company’s stock valued at $3,150,000 after acquiring an additional 2,600 shares in the last quarter. Institutional investors own 63.98% of the company’s stock.

Several analysts have recently issued reports on TAL shares. Citigroup cut TAL Education Group from a “buy” rating to a “neutral” rating in a research note on Thursday, September 13th. ValuEngine cut TAL Education Group from a “hold” rating to a “sell” rating in a research note on Saturday, August 18th. Macquarie upgraded TAL Education Group from a “neutral” rating to an “outperform” rating in a research note on Monday, October 15th. Nomura reduced their price objective on TAL Education Group from $39.00 to $28.00 and set a “neutral” rating on the stock in a research note on Friday, October 26th. Finally, Zacks Investment Research upgraded TAL Education Group from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a research note on Wednesday, September 26th. One analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $41.00.

Shares of NYSE TAL opened at $27.63 on Friday. The firm has a market capitalization of $14.12 billion, a PE ratio of 67.19 and a beta of -0.30. TAL Education Group has a 12-month low of $21.08 and a 12-month high of $47.63.

TAL Education Group (NYSE:TAL) last announced its quarterly earnings data on Thursday, October 25th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.02. The business had revenue of $699.78 million for the quarter. TAL Education Group had a return on equity of 16.10% and a net margin of 11.61%. Analysts anticipate that TAL Education Group will post 0.45 EPS for the current 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.

Further Reading: Asset Allocation, Balancing Your Investments

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Institutional Ownership by Quarter for TAL Education Group (NYSE:TAL)

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