Arrowstreet Capital Limited Partnership lifted its stake in TAL Education Group (NYSE:TAL) by 142.8% in the 4th quarter, Holdings Channel reports. The firm owned 361,970 shares of the company’s stock after buying an additional 212,870 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in TAL Education Group were worth $10,754,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. raised its position in shares of TAL Education Group by 531.0% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,909 shares of the company’s stock worth $166,000 after purchasing an additional 4,131 shares during the last quarter. OLD National Bancorp IN purchased a new position in shares of TAL Education Group in the 3rd quarter worth about $206,000. CIBC Asset Management Inc purchased a new position in shares of TAL Education Group in the 3rd quarter worth about $215,000. Apriem Advisors purchased a new position in shares of TAL Education Group in the 3rd quarter worth about $216,000. Finally, Private Advisor Group LLC purchased a new position in shares of TAL Education Group in the 4th quarter worth about $247,000. 52.79% of the stock is owned by hedge funds and other institutional investors.
TAL Education Group (TAL) opened at $36.70 on Wednesday. TAL Education Group has a 52-week low of $14.30 and a 52-week high of $39.28. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.08 and a quick ratio of 1.07. The firm has a market capitalization of $18,330.00, a PE ratio of 126.55 and a beta of 0.40.
TAL Education Group 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.
Want to see what other hedge funds are holding TAL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for TAL Education Group (NYSE:TAL).
Receive News & Ratings for TAL Education Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TAL Education Group and related companies with MarketBeat.com's FREE daily email newsletter.