Candriam Luxembourg S.C.A. lifted its holdings in shares of TAL Education Group (NYSE:TAL) by 14.5% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 844,800 shares of the company’s stock after buying an additional 107,000 shares during the quarter. Candriam Luxembourg S.C.A.’s holdings in TAL Education Group were worth $25,099,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in TAL. Nippon Life Insurance Co. boosted its stake in shares of TAL Education Group by 500.0% during the third quarter. Nippon Life Insurance Co. now owns 3,708 shares of the company’s stock worth $125,000 after buying an additional 3,090 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of TAL Education Group by 531.0% during the third quarter. Envestnet Asset Management Inc. now owns 4,909 shares of the company’s stock worth $166,000 after buying an additional 4,131 shares during the period. OLD National Bancorp IN acquired a new stake in shares of TAL Education Group during the third quarter worth about $206,000. QS Investors LLC acquired a new stake in shares of TAL Education Group during the second quarter worth about $208,000. Finally, CIBC Asset Management Inc acquired a new stake in shares of TAL Education Group during the third quarter worth about $215,000. Institutional investors and hedge funds own 51.03% of the company’s stock.

Several research firms recently issued reports on TAL. Zacks Investment Research cut shares of TAL Education Group from a “hold” rating to a “sell” rating in a report on Friday, January 5th. Deutsche Bank began coverage on shares of TAL Education Group in a report on Thursday, January 4th. They set a “buy” rating and a $35.00 price target for the company. ValuEngine cut shares of TAL Education Group from a “hold” rating to a “sell” rating in a report on Friday, December 1st. Finally, Macquarie cut shares of TAL Education Group from an “outperform” rating to a “neutral” rating in a report on Friday, October 27th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company. TAL Education Group has an average rating of “Buy” and a consensus target price of $31.55.

TAL Education Group (NYSE TAL) opened at $30.46 on Monday. The stock has a market cap of $15,210.00, a PE ratio of 105.03 and a beta of 0.40. TAL Education Group has a 1-year low of $13.50 and a 1-year high of $36.16. The company has a current ratio of 1.08, a quick ratio of 1.07 and a debt-to-equity ratio of 0.25.

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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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