CEB Inc. (NYSE:CEB) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Tuesday.
According to Zacks, “CEB Inc. is an advisory company. The Company’s operating segment consists of SHL Talent Measurement and CEB. SHL Talent Measurement provides cloud-based solutions. CEB segment provides technology tools on data analytics and analytical solutions. CEB Inc., formerly known as The Corporate Executive Board Company, is based in ARLINGTON, United States. “
Separately, Cantor Fitzgerald restated a “buy” rating on shares of CEB in a research report on Friday, August 19th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $46.98.
CEB (NYSE:CEB) opened at 54.49 on Tuesday. The firm has a 50-day moving average price of $57.73 and a 200-day moving average price of $61.39. CEB has a 1-year low of $49.27 and a 1-year high of $78.21. The company has a market capitalization of $1.75 billion, a P/E ratio of 28.74 and a beta of 1.72.
CEB (NYSE:CEB) last announced its earnings results on Tuesday, July 26th. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.93 by $0.04. CEB had a return on equity of 3,169.99% and a net margin of 6.65%. The company had revenue of $251.10 million for the quarter, compared to analyst estimates of $244.57 million. During the same quarter in the prior year, the company earned $1.19 EPS. The firm’s revenue for the quarter was up 8.2% compared to the same quarter last year. On average, analysts forecast that CEB will post $4.02 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Investors of record on Thursday, September 15th will be paid a dividend of $0.4125 per share. This represents a $1.65 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date of this dividend is Tuesday, September 13th. CEB’s dividend payout ratio (DPR) is currently 87.77%.
A number of hedge funds and other institutional investors have recently bought and sold shares of CEB. BOKF NA increased its position in CEB by 0.6% in the second quarter. BOKF NA now owns 6,806 shares of the company’s stock worth $420,000 after buying an additional 38 shares during the period. Legal & General Group Plc increased its position in CEB by 0.9% in the second quarter. Legal & General Group Plc now owns 8,392 shares of the company’s stock worth $510,000 after buying an additional 78 shares during the period. BB&T Securities LLC increased its position in CEB by 1.4% in the first quarter. BB&T Securities LLC now owns 6,714 shares of the company’s stock worth $434,000 after buying an additional 95 shares during the period. Comerica Bank increased its position in CEB by 0.9% in the second quarter. Comerica Bank now owns 22,382 shares of the company’s stock worth $1,379,000 after buying an additional 198 shares during the period. Finally, Amalgamated Bank increased its position in CEB by 5.8% in the second quarter. Amalgamated Bank now owns 3,883 shares of the company’s stock worth $236,000 after buying an additional 213 shares during the period. 98.33% of the stock is currently owned by institutional investors and hedge funds.
CEB Company Profile
CEB Inc, formerly The Corporate Executive Board Company, is a member-based advisory company. The Company operates through two segments: SHL Talent Measurement and CEB. Its SHL Talent Measurement provides cloud-based solutions for talent assessment and talent mobility, and decision support, as well as professional services to support those solutions.
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