CEB Inc. (NYSE:CEB) was downgraded by analysts at Royal Bank Of Canada from an “outperform” rating to a “sector perform” rating in a report released on Monday. They currently have a $60.00 price target on the stock. Royal Bank Of Canada’s price target would indicate a potential upside of 2.48% from the company’s current price.

Several other brokerages have also recently issued reports on CEB. Zacks Investment Research cut CEB from a “hold” rating to a “strong sell” rating in a research report on Monday, August 1st. Cantor Fitzgerald restated a “buy” rating on shares of CEB in a research report on Friday, August 19th. Finally, RBC Capital Markets set a $68.00 price target on CEB and gave the company a “buy” rating in a research report on Tuesday, October 25th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. CEB has a consensus rating of “Hold” and an average price target of $45.68.

Analyst Recommendations for CEB (NYSE:CEB)

CEB (NYSE:CEB) opened at 58.55 on Monday. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of 50.30 and a beta of 1.75. The stock has a 50 day moving average price of $52.65 and a 200-day moving average price of $58.30. CEB has a one year low of $47.33 and a one year high of $77.86.

CEB (NYSE:CEB) last issued its quarterly earnings results on Tuesday, October 25th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.88 by $0.03. The firm had revenue of $229.84 million for the quarter, compared to analysts’ expectations of $232.63 million. CEB had a negative return on equity of 334.08% and a net margin of 4.05%. The firm’s revenue for the quarter was down .9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.00 EPS. On average, analysts predict that CEB will post $3.77 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 30th. Investors of record on Thursday, December 15th will be issued a $0.4125 dividend. The ex-dividend date of this dividend is Tuesday, December 13th. This represents a $1.65 annualized dividend and a yield of 2.82%. CEB’s dividend payout ratio is currently 142.24%.

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Hedge funds have recently made changes to their positions in the stock. LS Investment Advisors LLC increased its stake in shares of CEB by 5.6% in the third quarter. LS Investment Advisors LLC now owns 2,088 shares of the company’s stock valued at $114,000 after buying an additional 110 shares in the last quarter. Advisor Group Inc. acquired a new stake in shares of CEB during the second quarter valued at $128,000. Piedmont Investment Advisors LLC acquired a new stake in shares of CEB during the third quarter valued at $137,000. Tower Research Capital LLC TRC increased its stake in shares of CEB by 2,422.7% in the second quarter. Tower Research Capital LLC TRC now owns 2,775 shares of the company’s stock valued at $171,000 after buying an additional 2,665 shares in the last quarter. Finally, Suntrust Banks Inc. increased its stake in shares of CEB by 2.3% in the third quarter. Suntrust Banks Inc. now owns 4,063 shares of the company’s stock valued at $219,000 after buying an additional 92 shares in the last quarter. Hedge funds and other institutional investors own 98.56% of the company’s stock.

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.

5 Day Chart for NYSE:CEB

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