Shares of CEB Inc. (NYSE:CEB) have received a consensus rating of “Buy” from the ten ratings firms that are covering the company. Three equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $40.54.
Several equities analysts recently commented on CEB shares. Cantor Fitzgerald reaffirmed a “buy” rating on shares of CEB in a research note on Friday, August 19th. Zacks Investment Research raised shares of CEB from a “sell” rating to a “hold” rating in a research note on Tuesday, September 27th.
Several large investors have recently made changes to their positions in the company. LS Investment Advisors LLC raised its stake in shares of CEB by 70.8% in the second quarter. LS Investment Advisors LLC now owns 1,978 shares of the company’s stock worth $122,000 after buying an additional 820 shares during the last quarter. Advisor Group Inc. purchased a new stake in CEB during the second quarter worth approximately $128,000. Tower Research Capital LLC TRC raised its stake in CEB by 2,422.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,775 shares of the company’s stock worth $171,000 after buying an additional 2,665 shares in the last quarter. Amalgamated Bank raised its stake 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 in the last quarter. Finally, Capstone Asset Management Co. raised its stake in CEB by 12.2% in the second quarter. Capstone Asset Management Co. now owns 3,858 shares of the company’s stock worth $238,000 after buying an additional 420 shares in the last quarter. Hedge funds and other institutional investors own 98.33% of the company’s stock.
CEB (NYSE:CEB) traded up 0.866% during trading on Friday, hitting $53.015. 103,436 shares of the stock traded hands. CEB has a 12 month low of $49.27 and a 12 month high of $78.21. The stock has a market cap of $1.71 billion, a PE ratio of 27.961 and a beta of 1.79. The company has a 50-day moving average price of $55.32 and a 200-day moving average price of $60.71.
CEB (NYSE:CEB) last issued its quarterly earnings data on Tuesday, July 26th. The company reported $0.97 EPS for the quarter, beating the consensus estimate of $0.93 by $0.04. The company earned $251.10 million during the quarter, compared to analysts’ expectations of $244.57 million. CEB had a net margin of 6.65% and a return on equity of 3,169.99%. CEB’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.19 earnings per share. Equities research analysts expect that CEB will post $4.02 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 30th. Stockholders of record on Thursday, September 15th were issued a $0.4125 dividend. The ex-dividend date was Tuesday, September 13th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 3.14%. CEB’s payout ratio is 87.77%.