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

TAL Education Group (NYSE:TALGet Free Report) saw some unusual options trading activity on Wednesday. Investors purchased 10,442 call options on the company. This is an increase of approximately 87% compared to the typical volume of 5,578 call options.

Analyst Ratings Changes

TAL has been the subject of several analyst reports. StockNews.com cut shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Wednesday. UBS Group raised shares of TAL Education Group from a “neutral” rating to a “buy” rating and set a $11.60 price target for the company in a research report on Monday, October 16th. JPMorgan Chase & Co. raised shares of TAL Education Group from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $10.00 to $15.00 in a research report on Thursday, January 25th. The Goldman Sachs Group initiated coverage on shares of TAL Education Group in a research report on Friday, November 24th. They issued a “buy” rating for the company. Finally, Morgan Stanley initiated coverage on shares of TAL Education Group in a research report on Tuesday, November 7th. They issued an “overweight” rating and a $10.50 target price for the company. One research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $12.37.

Read Our Latest Report on TAL Education Group

Institutional Trading of TAL Education Group

Institutional investors and hedge funds have recently bought and sold shares of the company. E Fund Management Hong Kong Co. Ltd. grew its stake in shares of TAL Education Group by 135.4% in the first quarter. E Fund Management Hong Kong Co. Ltd. now owns 244,990 shares of the company’s stock worth $779,000 after acquiring an additional 140,916 shares during the period. JPMorgan Chase & Co. grew its stake in shares of TAL Education Group by 50.3% in the first quarter. JPMorgan Chase & Co. now owns 1,250,049 shares of the company’s stock worth $3,762,000 after acquiring an additional 418,100 shares during the period. Acadian Asset Management LLC bought a new stake in shares of TAL Education Group in the first quarter worth approximately $140,000. Panagora Asset Management Inc. grew its stake in shares of TAL Education Group by 10.8% in the first quarter. Panagora Asset Management Inc. now owns 86,028 shares of the company’s stock worth $259,000 after acquiring an additional 8,396 shares during the period. Finally, BlackRock Inc. grew its stake in shares of TAL Education Group by 4.1% in the first quarter. BlackRock Inc. now owns 19,736,428 shares of the company’s stock worth $59,406,000 after acquiring an additional 780,929 shares during the period. 37.29% of the stock is currently owned by institutional investors.

TAL Education Group Trading Down 2.1 %

NYSE:TAL traded down $0.25 on Wednesday, reaching $11.93. 1,880,339 shares of the stock traded hands, compared to its average volume of 7,316,836. The company has a market capitalization of $7.61 billion, a price-to-earnings ratio of -110.64 and a beta of 0.10. TAL Education Group has a 12 month low of $5.09 and a 12 month high of $13.48. The company’s fifty day simple moving average is $11.81 and its 200 day simple moving average is $9.51.

About TAL Education Group

(Get Free Report)

TAL Education Group provides K-12 after-school tutoring services in the People's Republic of China. The company 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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