Cavalier Investments LLC purchased a new stake in TAL Education Group (NYSE:TAL) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 39,000 shares of the company’s stock, valued at approximately $1,315,000.

A number of other hedge funds have also recently made changes to their positions in the business. Legal & General Group Plc bought a new position in shares of TAL Education Group in the second quarter valued at about $11,312,000. Swiss National Bank bought a new position in TAL Education Group during the second quarter worth about $12,180,000. Tudor Investment Corp ET AL bought a new position in TAL Education Group during the second quarter worth about $723,000. Wealthsource Partners LLC bought a new position in TAL Education Group during the second quarter worth about $458,000. Finally, Xact Kapitalforvaltning AB bought a new position in TAL Education Group during the second quarter worth about $734,000. Hedge funds and other institutional investors own 14.94% of the company’s stock.

TAL Education Group (NYSE TAL) traded up $1.63 on Tuesday, hitting $30.14. 6,788,722 shares of the stock were exchanged, compared to its average volume of 5,540,000. TAL Education Group has a one year low of $11.02 and a one year high of $36.16. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.32. The firm has a market cap of $15,350.00, a P/E ratio of 118.79, a P/E/G ratio of 1.33 and a beta of 0.20.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings results on Thursday, October 26th. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.02). TAL Education Group had a net margin of 9.90% and a return on equity of 18.17%. The company had revenue of $455.80 million during the quarter, compared to analyst estimates of $441.18 million. The business’s quarterly revenue was up 68.1% on a year-over-year basis. equities analysts predict that TAL Education Group will post 0.37 earnings per share for the current fiscal year.

Several equities analysts have commented on the stock. Macquarie lowered shares of TAL Education Group from an “outperform” rating to a “neutral” rating in a report on Friday, October 27th. Zacks Investment Research raised shares of TAL Education Group from a “hold” rating to a “strong-buy” rating and set a $39.00 target price on the stock in a report on Thursday, October 26th. Bank of America Corporation reissued a “buy” rating and issued a $40.30 target price (up from $29.10) on shares of TAL Education Group in a report on Monday, September 25th. Jefferies Group LLC raised their target price on shares of TAL Education Group to $35.00 and gave the company a “buy” rating in a report on Monday, August 28th. Finally, Morgan Stanley assumed coverage on shares of TAL Education Group in a report on Friday, August 25th. They issued an “overweight” rating and a $37.00 target price on the stock. Three research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. TAL Education Group presently has an average rating of “Buy” and an average price target of $31.16.

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TAL Education Group Company Profile

TAL Education Group is a holding company for a group of companies engaged in provision of after-school tutoring programs for primary and secondary school students in the People’s Republic of China (the PRC). The Company is a K-12 after-school tutoring services provider in China. The Company’s Xueersi Peiyou small classes course consists of approximately four semesters, which include approximately two school semesters in Spring and Fall, and approximately two holiday semesters in summer and winter.

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

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