Economy

The Advisory Board Company (ABCO) Cut to "Hold" at William Blair

The company have shares float of 79.28 million. The firm had revenue of $200.30 million for the quarter, compared to analysts' expectations of $196.16 million.

Several other equities research analysts have also commented on ABCO.

Over the past week, the company showed volatility of 2.83%. Target Corporation (NYSE:TGT) has declined 16.51% since September 1, 2016 and is downtrending. It has underperformed by 16.70% the S&P500. Advisory Brd Co now has $2.17 billion valuation. Polar Securities Inc bought 44,003 shares as the company's stock rose 10.94% with the market. The Nicholas Company Inc holds 150 shares with $4,000 value, down from 101,520 last quarter.

The most current P/E ratio is 20.17 and market capitalization is 2.16B. Thanks to the latest 0.09% increase, it now trades at $53.3. The lowest target is $40 while the high is $65. It has outperformed by 46.98% the S&P500.

More notable recent The Advisory Board Company (NASDAQ:ABCO) news were published by: Bizjournals.com which released: "More details emerge about Advisory Board's post-sale headquarters plan" on August 31, 2017, also Prnewswire.com with their article: "ADVISORY BOARD SHAREHOLDER ALERT: CLAIMSFILER Reminds Investors with Losses in ..." published on September 02, 2017, Nasdaq.com published: "Oversold Conditions For Advisory Board Company" on August 25, 2017.

13d Management LLC cut its investment by selling 9,700 shares a decrease of 3.8% in the quarter. William Blair lowered The Advisory Board from an outperform rating to a hold rating in a report on Tuesday. Therefore 28% are positive. The Advisory Board presently has an average rating of Hold and an average price target of $51.77. On Monday, April 18 the stock rating was downgraded by KeyBanc Capital Markets to "Sector Weight".

The Advisory Board Company (NASDAQ:ABCO) shares have 20 days moving average price of 2.49% from last close price of 53.25 and act as support or resistance of price limit. Seaport Global has "Buy" rating and $58 target. BidaskClub downgraded The Advisory Board from a hold rating to a sell rating in a research note on Saturday, August 5th. On Tuesday, July 19 the stock rating was downgraded by Raymond James to "Market Perform". The firm has "Strong-Buy" rating by Zacks given on Friday, August 7. On Monday, August 17 the stock rating was upgraded by Robert W. Baird to "Outperform". Barclays Capital maintained The Advisory Board Company (NASDAQ:ABCO) rating on Friday, September 30.

Investors sentiment increased to 1.18 in 2016 Q4. Its up 0.33, from 0.85 in 2016Q3. It dived, as 28 investors sold ABCO shares while 48 reduced holdings. 29 funds opened positions while 60 raised stakes. The value of the total investment in The Advisory Board Company went from $29,000 to $568,000 increasing 1,858.6% quarter to quarter. Nomura Holding reported 947,835 shares or 0.08% of all its holdings. American Capital Management Inc, a New York-based fund reported 802,391 shares.#img1#. Investors who observing the volume trend of The Advisory Board Company (ABCO) over recent time; they noted that 2.11 million shares changed at hands contradiction to its average trading volume of 0.79 million. Us National Bank & Trust De owns 27,782 shares or 0% of their US portfolio. Vanguard Group Inc. increased its position in shares of The Advisory Board by 4.5% in the second quarter. Franklin Resources Incorporated invested in 0.01% or 558,752 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 1,148 shares. Credit Suisse Ag invested in 2.24M shares. Maryland-based Brown Advisory has invested 0% in The Advisory Board Company (NASDAQ:ABCO). Dupont Capital Management owns 14,490 shares. Huntington State Bank stated it has 0% of its portfolio in The Advisory Board Company (NASDAQ:ABCO). Weatherbie Cap Ltd Liability invested in 393,028 shares. Advent International Ma accumulated 90,839 shares or 0.06% of the stock. Agf holds 0.01% or 51,600 shares. Eagle Global Advisors Lc accumulated 0.05% or 109,800 shares.

Urban Outfitters, Inc. (URBN) held 114.94 million outstanding shares now. Navellier And Inc holds 0.06% or 18,689 shares.



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