TIAA CREF Investment Management LLC Boosts Stake in TAL Education Group (TAL)

TIAA CREF Investment Management LLC increased its holdings in TAL Education Group (NYSE:TAL) by 14.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 422,826 shares of the company’s stock after buying an additional 54,000 shares during the period. TIAA CREF Investment Management LLC owned about 0.07% of TAL Education Group worth $10,871,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of TAL. American International Group Inc. acquired a new position in shares of TAL Education Group in the 3rd quarter valued at about $143,000. Tower Research Capital LLC TRC boosted its holdings in shares of TAL Education Group by 107.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,581 shares of the company’s stock valued at $169,000 after buying an additional 2,368 shares during the period. Exane Derivatives boosted its holdings in shares of TAL Education Group by 222.6% in the 3rd quarter. Exane Derivatives now owns 7,807 shares of the company’s stock valued at $203,000 after buying an additional 5,387 shares during the period. Brookstone Capital Management boosted its holdings in shares of TAL Education Group by 42.7% in the 3rd quarter. Brookstone Capital Management now owns 8,374 shares of the company’s stock valued at $215,000 after buying an additional 2,506 shares during the period. Finally, Natixis acquired a new position in shares of TAL Education Group in the 2nd quarter valued at about $224,000. 55.14% of the stock is owned by institutional investors and hedge funds.

Several research analysts have recently commented on the stock. Nomura decreased their price target on shares of TAL Education Group from $39.00 to $28.00 and set a “neutral” rating for the company in a report on Friday, October 26th. TheStreet lowered shares of TAL Education Group from a “b-” rating to a “c+” rating in a report on Tuesday, October 9th. Zacks Investment Research lowered shares of TAL Education Group from a “buy” rating to a “hold” rating in a research note on Thursday, September 27th. Citigroup raised shares of TAL Education Group from a “neutral” rating to a “buy” rating in a research note on Wednesday. Finally, Macquarie raised shares of TAL Education Group from a “neutral” rating to an “outperform” rating in a research note on Monday, October 15th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $42.50.

TAL Education Group stock opened at $29.23 on Friday. The stock has a market cap of $16.41 billion, a price-to-earnings ratio of 85.97 and a beta of -0.13. TAL Education Group has a 52-week low of $21.08 and a 52-week high of $47.63.

TAL Education Group (NYSE:TAL) last posted its earnings results on Thursday, October 25th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02. The firm had revenue of $699.78 million during the quarter. TAL Education Group had a net margin of 11.61% and a return on equity of 16.10%. Equities research analysts predict that TAL Education Group will post 0.44 earnings per share for the current fiscal 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.

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

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