The Advisory Board Company (NASDAQ:ABCO) was the target of some unusual options trading activity on Monday. Stock traders acquired 1,139 call options on the company. This represents an increase of approximately Infinity compared to the average volume of 0 call options.

The Advisory Board (NASDAQ:ABCO) opened at $53.75 on Thursday. The Advisory Board has a 12 month low of $30.40 and a 12 month high of $59.50. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.98. The stock has a market cap of $2,182.64, a price-to-earnings ratio of 32.07, a P/E/G ratio of 2.39 and a beta of 1.34.

A number of hedge funds and other institutional investors have recently bought and sold shares of ABCO. Rockefeller Financial Services Inc. acquired a new stake in The Advisory Board in the 2nd quarter worth $137,000. Victory Capital Management Inc. grew its position in The Advisory Board by 17.5% in the 2nd quarter. Victory Capital Management Inc. now owns 2,749 shares of the business services provider’s stock worth $142,000 after purchasing an additional 410 shares during the last quarter. Eqis Capital Management Inc. acquired a new stake in The Advisory Board in the 2nd quarter worth $204,000. First Capital Advisors Group LLC. acquired a new stake in The Advisory Board in the 2nd quarter worth $221,000. Finally, Cubist Systematic Strategies LLC acquired a new stake in The Advisory Board in the 2nd quarter worth $221,000. Institutional investors own 96.41% of the company’s stock.

ABCO has been the topic of a number of recent research reports. Zacks Investment Research downgraded shares of The Advisory Board from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 25th. BidaskClub lowered shares of The Advisory Board from a “hold” rating to a “sell” rating in a research note on Saturday, August 5th. Piper Jaffray Companies set a $51.00 target price on shares of The Advisory Board and gave the company a “hold” rating in a research note on Thursday, August 10th. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued a $56.00 target price (up from $53.00) on shares of The Advisory Board in a research note on Thursday, August 10th. Finally, Robert W. Baird lowered shares of The Advisory Board from an “outperform” rating to a “neutral” rating and lowered their target price for the company from $63.00 to $54.00 in a research note on Tuesday, August 29th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $51.95.

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The Advisory Board Company Profile

The Advisory Board Company is a provider of software and solutions to the healthcare and higher education industries. The Company offers subscription-based membership programs, software and data-enabled services. All of its programs are rooted in best practices and extends across four areas, including Best practices research, Technology, Data-enabled services and Consulting services.

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