CEB Inc. (NYSE:CEB) shares gapped up prior to trading on Tuesday . The stock had previously closed at $60.08, but opened at $60.39. CEB shares last traded at $60.75, with a volume of 31,428 shares.

Several research analysts have weighed in on CEB shares. Zacks Investment Research raised CEB from a “hold” rating to a “buy” rating and set a $69.00 target price on the stock in a research report on Friday, April 29th. TheStreet downgraded CEB from a “buy” rating to a “hold” rating in a research note on Wednesday, May 4th. Mackie decreased their price target on CEB from C$0.30 to C$0.25 in a research note on Wednesday, May 18th. Finally, Cantor Fitzgerald set a $70.00 price target on CEB and gave the stock a “buy” rating in a research note on Wednesday, July 27th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $46.98.

The firm has a market capitalization of $1.98 billion and a PE ratio of 32.39. The firm’s 50 day moving average is $62.37 and its 200 day moving average is $61.14.

CEB (NYSE:CEB) last posted its earnings results on Tuesday, July 26th. The company reported $0.97 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate 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. The business’s revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.19 earnings per share. Analysts forecast that CEB Inc. will post $4.02 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, September 30th. Shareholders of record on Thursday, September 15th will be paid a $0.4125 dividend. This represents a $1.65 annualized dividend and a dividend yield of 2.69%. The ex-dividend date is Tuesday, September 13th.

A hedge fund recently raised its stake in CEB stock. New York State Common Retirement Fund boosted its stake in shares of CEB Inc. (NYSE:CEB) by 1.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 44,596 shares of the company’s stock after buying an additional 600 shares during the period. New York State Common Retirement Fund owned 0.13% of CEB worth $2,738,000 at the end of the most recent quarter.

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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