Arrowpoint Asset Management buys $88,731,785 stake in CEB (CEB)

CEB (CEB) : Arrowpoint Asset Management scooped up 114,558 additional shares in CEB during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 1,465,188 shares of CEB which is valued at $88,731,785.CEB makes up approximately 1.73% of Arrowpoint Asset Management’s portfolio.

Other Hedge Funds, Including , Panagora Asset Management Inc reduced its stake in CEB by selling 128,309 shares or 58.49% in the most recent quarter. The Hedge Fund company now holds 91,067 shares of CEB which is valued at $5,515,018. CEB makes up approx 0.03% of Panagora Asset Management Inc’s portfolio.Comerica Bank boosted its stake in CEB in the latest quarter, The investment management firm added 198 additional shares and now holds a total of 22,382 shares of CEB which is valued at $1,355,454. CEB makes up approx 0.01% of Comerica Bank’s portfolio.Blackrock Fund Advisors boosted its stake in CEB in the latest quarter, The investment management firm added 5,321 additional shares and now holds a total of 1,634,743 shares of CEB which is valued at $99,000,036. CEB makes up approx 0.02% of Blackrock Fund Advisors’s portfolio.Stephens Investment Management Group reduced its stake in CEB by selling 130,940 shares or 30.53% in the most recent quarter. The Hedge Fund company now holds 297,884 shares of CEB which is valued at $18,653,496. CEB makes up approx 0.58% of Stephens Investment Management Group’s portfolio. Stoneridge Investment Partners added CEB to its portfolio by purchasing 20,184 company shares during the most recent quarter which is valued at $1,267,959. CEB makes up approx 0.18% of Stoneridge Investment Partners’s portfolio.

CEB closed down -1.79 points or -2.97% at $58.41 with 2,24,222 shares getting traded on Thursday. Post opening the session at $59.35, the shares hit an intraday low of $58.2 and an intraday high of $59.91 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, CEB reported $0.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 25, 2016. Analyst had a consensus of $0.78. The company had revenue of $224.00 million for the quarter, compared to analysts expectations of $226.98 million. The company’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 EPS.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *