OLD National Bancorp IN boosted its holdings in TAL Education Group (NYSE:TAL) by 152.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 15,461 shares of the company’s stock after buying an additional 9,325 shares during the quarter. OLD National Bancorp IN’s holdings in TAL Education Group were worth $460,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of TAL. KBC Group NV purchased a new position in TAL Education Group during the 4th quarter worth approximately $871,000. Daiwa Securities Group Inc. grew its position in TAL Education Group by 3,150.0% during the 4th quarter. Daiwa Securities Group Inc. now owns 19,500 shares of the company’s stock worth $579,000 after purchasing an additional 18,900 shares in the last quarter. California Public Employees Retirement System grew its position in TAL Education Group by 22.4% during the 4th quarter. California Public Employees Retirement System now owns 654,449 shares of the company’s stock worth $19,444,000 after purchasing an additional 119,653 shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. grew its position in TAL Education Group by 14.1% during the 4th quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 30,129 shares of the company’s stock worth $959,000 after purchasing an additional 3,729 shares in the last quarter. Finally, US Bancorp DE grew its position in TAL Education Group by 26.5% during the 4th quarter. US Bancorp DE now owns 41,372 shares of the company’s stock worth $1,229,000 after purchasing an additional 8,674 shares in the last quarter. Hedge funds and other institutional investors own 50.92% of the company’s stock.

TAL Education Group (NYSE:TAL) opened at $33.31 on Thursday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.07 and a current ratio of 1.08. TAL Education Group has a fifty-two week low of $13.50 and a fifty-two week high of $36.16. The company has a market cap of $16,640.00, a price-to-earnings ratio of 114.86 and a beta of 0.40.

Several equities analysts have weighed in on TAL shares. Deutsche Bank started coverage on shares of TAL Education Group in a research report on Thursday, January 4th. They set a “buy” rating and a $35.00 price objective on the stock. Zacks Investment Research upgraded shares of TAL Education Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. Macquarie cut shares of TAL Education Group from an “outperform” rating to a “neutral” rating in a research report on Friday, October 27th. Finally, ValuEngine cut shares of TAL Education Group from a “hold” rating to a “sell” rating in a research report on Friday, December 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $31.55.

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About TAL Education Group

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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