Chicago Equity Partners LLC bought a new position in CEB Inc. (NYSE:CEB) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 28,325 shares of the company’s stock, valued at approximately $1,747,000.
Other institutional investors also recently modified their holdings of the company. GW&K Investment Management LLC increased its position in CEB by 0.4% in the second quarter. GW&K Investment Management LLC now owns 744,279 shares of the company’s stock worth $45,907,000 after buying an additional 3,007 shares in the last quarter. BNP Paribas Arbitrage SA increased its position in CEB by 57,968.0% in the second quarter. BNP Paribas Arbitrage SA now owns 14,517 shares of the company’s stock worth $895,000 after buying an additional 14,492 shares in the last quarter. Royal Bank of Canada increased its position in CEB by 2.9% in the first quarter. Royal Bank of Canada now owns 239,988 shares of the company’s stock worth $15,535,000 after buying an additional 6,803 shares in the last quarter. Skyline Asset Management LP acquired a new position in CEB during the first quarter worth about $15,665,000. Finally, Metropolitan Life Insurance Co. NY increased its position in CEB by 3.7% in the first quarter. Metropolitan Life Insurance Co. NY now owns 53,475 shares of the company’s stock worth $3,461,000 after buying an additional 1,931 shares in the last quarter. Institutional investors and hedge funds own 98.33% of the company’s stock.
CEB Inc. (NYSE:CEB) traded up 2.26% on Tuesday, hitting $54.25. 236,925 shares of the company’s stock were exchanged. The company has a market cap of $1.75 billion, a PE ratio of 28.61 and a beta of 1.79. The company’s 50-day moving average price is $54.88 and its 200-day moving average price is $60.47. CEB Inc. has a 12-month low of $49.27 and a 12-month high of $78.21.
CEB (NYSE:CEB) last released its quarterly earnings results on Tuesday, July 26th. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The business had revenue of $251.10 million for the quarter, compared to the consensus estimate of $244.57 million. CEB had a net margin of 6.65% and a return on equity of 3,169.99%. The business’s revenue was up 8.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.19 EPS. Analysts forecast that CEB Inc. will post $4.02 earnings per share for the current year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Thursday, September 15th were paid a $0.4125 dividend. This represents a $1.65 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date of this dividend was Tuesday, September 13th. CEB’s dividend payout ratio (DPR) is 87.77%.
A number of research firms have recently issued reports on CEB. Cantor Fitzgerald set a $70.00 price objective on shares of CEB and gave the company a “buy” rating in a research note on Wednesday, July 27th. Zacks Investment Research downgraded shares of CEB from a “hold” rating to a “strong sell” rating in a research note on Monday, August 1st. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $46.98.
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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