TAL Education Group (NYSE:TAL) Stock Price Down 4%

TAL Education Group (NYSE:TAL)’s stock price dropped 4% during mid-day trading on Wednesday . The company traded as low as $11.63 and last traded at $11.70. Approximately 2,198,408 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 6,940,321 shares. The stock had previously closed at $12.19.

Analyst Upgrades and Downgrades

TAL has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upgraded shares of TAL Education Group from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $10.00 to $15.00 in a research note on Thursday, January 25th. StockNews.com cut shares of TAL Education Group from a “hold” rating to a “sell” rating in a research note on Wednesday, February 7th. Finally, TheStreet upgraded shares of TAL Education Group from a “d+” rating to a “c-” rating in a research note on Wednesday, February 14th. One analyst has rated the stock with a sell rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $12.37.

TAL Education Group Stock Up 8.9 %

The firm’s 50-day moving average is $12.42 and its two-hundred day moving average is $11.54.

TAL Education Group (NYSE:TAL) last posted its quarterly earnings data on Thursday, January 25th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.02) by ($0.02). TAL Education Group had a negative return on equity of 1.93% and a negative net margin of 5.30%. The company had revenue of $373.51 million during the quarter, compared to the consensus estimate of $330.96 million. On average, analysts expect that TAL Education Group will post -0.06 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC raised its position in TAL Education Group by 50.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,550 shares of the company’s stock worth $45,000 after purchasing an additional 1,191 shares during the last quarter. IPG Investment Advisors LLC acquired a new stake in TAL Education Group during the 4th quarter worth $126,000. New York State Common Retirement Fund grew its holdings in TAL Education Group by 668.6% during the 4th quarter. New York State Common Retirement Fund now owns 12,298 shares of the company’s stock worth $155,000 after acquiring an additional 10,698 shares during the period. Diversified Trust Co acquired a new position in shares of TAL Education Group in the 4th quarter valued at $180,000. Finally, Advisor Partners II LLC grew its holdings in shares of TAL Education Group by 42.4% in the 3rd quarter. Advisor Partners II LLC now owns 14,513 shares of the company’s stock valued at $132,000 after buying an additional 4,322 shares during the period. Institutional investors own 37.79% of the company’s stock.

About TAL Education Group

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.