TAL Education Group (NYSE:TAL) Cut to Hold at Wall Street Zen

TAL Education Group (NYSE:TAL) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

Other equities research analysts have also issued research reports about the company. Zacks Research upgraded TAL Education Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of TAL Education Group in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $12.81.

TAL Education Group Price Performance

Shares of TAL stock opened at $10.54 on Friday. The firm has a market capitalization of $6.42 billion, a price-to-earnings ratio of 21.95 and a beta of 0.08. The business has a fifty day moving average of $11.30 and a 200 day moving average of $11.25. TAL Education Group has a 1 year low of $8.50 and a 1 year high of $14.66.

Institutional Trading of TAL Education Group

Institutional investors and hedge funds have recently made changes to their positions in the business. Invesco Ltd. increased its holdings in TAL Education Group by 9.9% in the 4th quarter. Invesco Ltd. now owns 435,546 shares of the company’s stock worth $4,752,000 after acquiring an additional 39,186 shares in the last quarter. NewEdge Advisors LLC purchased a new stake in shares of TAL Education Group during the fourth quarter worth about $583,000. XTX Topco Ltd increased its stake in shares of TAL Education Group by 27.7% during the fourth quarter. XTX Topco Ltd now owns 103,749 shares of the company’s stock worth $1,132,000 after purchasing an additional 22,501 shares in the last quarter. Wellington Management Group LLP raised its position in shares of TAL Education Group by 153.0% during the 4th quarter. Wellington Management Group LLP now owns 434,341 shares of the company’s stock worth $4,739,000 after purchasing an additional 262,633 shares during the last quarter. Finally, Millennium Management LLC lifted its stake in TAL Education Group by 763.7% in the 4th quarter. Millennium Management LLC now owns 960,977 shares of the company’s stock valued at $10,484,000 after buying an additional 849,711 shares in the last quarter. 37.79% of the stock is currently owned by hedge funds and other institutional investors.

About TAL Education Group

TAL Education Group is a leading provider of after-school tutoring services in China, specializing in K-12 academic instruction. The company offers a range of programs designed to help primary and secondary school students strengthen their core competencies in subjects such as mathematics, English, Chinese language and science. TAL leverages both in-person learning centers and digital platforms to deliver its curriculum, aiming to support student progress through interactive lessons and personalized study plans.

Founded in 2003 and headquartered in Beijing, TAL Education Group has grown into one of China’s largest private education firms.