Santa Barbara Asset Management Has Raised Cyrusone (CONE) Position by $6.15 Million as Stock Price Declined; As Automatic Data Processing In (ADP) Valuation Declined, Comerica Securities Has Increased Its Holding

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Santa Barbara Asset Management Llc increased its stake in Cyrusone Inc (CONE) by 4.43% based on its latest 2018Q3 regulatory filing with the SEC. Santa Barbara Asset Management Llc bought 97,611 shares as the company’s stock declined 14.44% with the market. The institutional investor held 2.30M shares of the real estate investment trusts company at the end of 2018Q3, valued at $145.80 million, up from 2.20 million at the end of the previous reported quarter. Santa Barbara Asset Management Llc who had been investing in Cyrusone Inc for a number of months, seems to be bullish on the $5.76 billion market cap company. The stock increased 0.29% or $0.16 during the last trading session, reaching $54.6. About 623,515 shares traded. CyrusOne Inc. (NASDAQ:CONE) has declined 3.64% since February 7, 2018 and is downtrending. It has underperformed by 3.64% the S&P500. Some Historical CONE News: 02/05/2018 – CyrusOne 1Q EPS 45c; 24/05/2018 – Cloud Provider Lume to Provide Retail Colocation from CyrusOne Data Centers; 27/04/2018 – CYRUSONE – AFTER MAY 18 EITHER PURCHASER OR SELLERS MAY TERMINATE SALE & PURCHASE AGREEMENT IF GERMAN REGULATORY APPROVAL HAS NOT BEEN OBTAINED; 29/03/2018 – CyrusOne Inc. Announces New $3.0 B Unsecured Credit Facility; 11/04/2018 – CyrusOne Names Brian Doricko to Strategic Accounts Role; 29/03/2018 – CYRUSONE REPORTS NEW $3.0B UNSECURED CREDIT LINE; 01/05/2018 – Port Houston Selects CyrusOne for Data Center and Interconnection Services; 13/03/2018 S&P REVISES CYRUSONE INC. OUTLOOK TO ‘POSITIVE’ FROM ‘STABLE’; RATING ‘BB’; 02/05/2018 – CYRUSONE SEES FY NORMALIZED FFO/SHR $3.18 TO $3.28, EST. $3.25; 21/05/2018 – CYRUSONE INC – PURSUANT TO THE AMENDMENT, PARTIES HAVE AGREED TO EXTEND LONG STOP DATE TO MAY 25, 2018 – SEC FILING

Comerica Securities Inc increased its stake in Automatic Data Processing In (ADP) by 190.37% based on its latest 2018Q3 regulatory filing with the SEC. Comerica Securities Inc bought 5,456 shares as the company’s stock declined 4.96% with the market. The institutional investor held 8,322 shares of the technology company at the end of 2018Q3, valued at $1.26 million, up from 2,866 at the end of the previous reported quarter. Comerica Securities Inc who had been investing in Automatic Data Processing In for a number of months, seems to be bullish on the $63.35 billion market cap company. The stock decreased 0.08% or $0.11 during the last trading session, reaching $145.43. About 2.04 million shares traded. Automatic Data Processing, Inc. (NASDAQ:ADP) has risen 20.58% since February 7, 2018 and is uptrending. It has outperformed by 20.58% the S&P500. Some Historical ADP News: 30/05/2018 – US private sector adds fewer jobs than expected in May – ADP; 30/05/2018 – ADP Report: U.S. Wage Growth Accelerating in Response; 02/05/2018 – ADP 3Q REV. $3.7B, EST. $3.67B; 12/03/2018 – HONG KONG — France’s Groupe ADP plans to bid for the right to operate the international airport in Sapporo, Japan and is in talks to assemble a consortium for this purpose; 15/05/2018 – Pershing Square’s Ackman says portfolios are up for the year; 24/05/2018 – ADP ADP.PA – WINS A CONTRACT IN THE UNITED ARAB EMIRATES FOR THE DESIGN AND SUPERVISION OF THE EXTENSION OF SHARJAH INTERNATIONAL AIRPORT; 30/05/2018 – U.S. ADP May National Employment Report: Summary (Table); 24/05/2018 – ADP WINS CONTRACT IN UAE TO DESIGN EXTENSION OF CHARJAH AIRPORT; 07/03/2018 – US TREASURY YIELDS RISE AFTER ADP JOBS DATA, 10-YEAR YIELDS INCREASE TO 2.86 PCT US10YT=RR; 18/04/2018 – ADP to Release Quarterly Workforce Vitality Report With Deeper Labor Market Insights on WEDNESDAY, April 25, 2018

Comerica Securities Inc, which manages about $820.57M and $852.21M US Long portfolio, decreased its stake in Paccar Inc (NASDAQ:PCAR) by 5,388 shares to 7,996 shares, valued at $545,000 in 2018Q3, according to the filing. It also reduced its holding in Travelers Companies Inc (NYSE:TRV) by 9,185 shares in the quarter, leaving it with 8,624 shares, and cut its stake in Ishares Tr (IWF).

More notable recent Automatic Data Processing, Inc. (NASDAQ:ADP) news were published by: Seekingalpha.com which released: “Buy Automatic Data Processing On Any Weakness – Seeking Alpha” on June 15, 2018, also Globenewswire.com with their article: “ADP to Announce Fourth Quarter Fiscal 2018 Financial Results on August 1, 2018 – GlobeNewswire” published on June 22, 2018, Nasdaq.com published: “Notable ETF Inflow Detected – PWB, ADP, VMW, NVDA – Nasdaq” on December 04, 2018. More interesting news about Automatic Data Processing, Inc. (NASDAQ:ADP) were released by: Globenewswire.com and their article: “ADP Increases Cash Dividend Nasdaq:ADP – GlobeNewswire” published on April 11, 2018 as well as Benzinga.com‘s news article titled: “Apple Inc. (NASDAQ:AAPL), Automatic Data Processing, Inc. (NASDAQ:ADP) – Tech Sector Earnings: Revenue Growth Widely Expected To Slow, Will Global Uncertainty Weigh? – Benzinga” with publication date: January 16, 2019.

Since August 31, 2018, it had 0 insider buys, and 22 sales for $42.51 million activity. On Tuesday, January 22 O’Brien Dermot J sold $509,766 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) or 3,803 shares. Bonarti Michael A also sold $337,896 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares. $418,155 worth of Automatic Data Processing, Inc. (NASDAQ:ADP) shares were sold by Ayala John. 3,345 shares were sold by Albinson Brock, worth $482,851. 1,140 Automatic Data Processing, Inc. (NASDAQ:ADP) shares with value of $166,189 were sold by McGuire Don. Politi Douglas W had sold 2,275 shares worth $295,841 on Wednesday, January 2.

Among 22 analysts covering Automatic Data (NASDAQ:ADP), 8 have Buy rating, 2 Sell and 12 Hold. Therefore 36% are positive. Automatic Data had 76 analyst reports since August 3, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of ADP in report on Monday, January 30 with “Hold” rating. Stifel Nicolaus maintained Automatic Data Processing, Inc. (NASDAQ:ADP) on Monday, August 28 with “Hold” rating. BMO Capital Markets maintained the shares of ADP in report on Tuesday, September 12 with “Hold” rating. The firm has “Neutral” rating by Goldman Sachs given on Tuesday, June 20. Argus Research maintained the stock with “Buy” rating in Tuesday, May 3 report. Morgan Stanley maintained it with “Equal-Weight” rating and $134 target in Wednesday, June 13 report. The company was maintained on Wednesday, August 30 by Robert W. Baird. The firm has “Overweight” rating by Barclays Capital given on Tuesday, December 20. The rating was maintained by BMO Capital Markets with “Hold” on Friday, October 13. The company was maintained on Thursday, May 3 by BMO Capital Markets.

Investors sentiment decreased to 0.75 in 2018 Q3. Its down 0.12, from 0.87 in 2018Q2. It turned negative, as 50 investors sold ADP shares while 461 reduced holdings. 120 funds opened positions while 263 raised stakes. 332.04 million shares or 0.51% less from 333.72 million shares in 2018Q2 were reported. Hanson And Doremus Mngmt holds 825 shares. Gilman Hill Asset Management Ltd Liability Corporation accumulated 1,813 shares. Cetera Advsrs Lc owns 0.09% invested in Automatic Data Processing, Inc. (NASDAQ:ADP) for 12,069 shares. First Manhattan owns 44,532 shares for 0.04% of their portfolio. The California-based Schwab Charles Invest has invested 0.29% in Automatic Data Processing, Inc. (NASDAQ:ADP). Crawford Invest Counsel Incorporated stated it has 0.04% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Tiverton Asset Mngmt Ltd Liability Company reported 7,335 shares. Reik Com Lc has invested 0.28% in Automatic Data Processing, Inc. (NASDAQ:ADP). Salem Inv Counselors stated it has 0.04% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Parsons Cap Mgmt Ri reported 30,397 shares. Cincinnati Casualty has invested 8.94% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP). Arcadia Inv Mgmt Corp Mi owns 18,164 shares. Wesbanco Commercial Bank accumulated 12,215 shares or 0.09% of the stock. 9,136 were reported by Bragg Advsr. Ent Fin Corporation reported 0.26% of its portfolio in Automatic Data Processing, Inc. (NASDAQ:ADP).

Among 24 analysts covering Cyrusone Inc (NASDAQ:CONE), 17 have Buy rating, 1 Sell and 6 Hold. Therefore 71% are positive. Cyrusone Inc had 73 analyst reports since August 6, 2015 according to SRatingsIntel. Deutsche Bank maintained it with “Buy” rating and $70 target in Thursday, May 31 report. Barclays Capital upgraded CyrusOne Inc. (NASDAQ:CONE) rating on Thursday, August 18. Barclays Capital has “Overweight” rating and $57 target. Jefferies maintained it with “Buy” rating and $6300 target in Monday, July 24 report. As per Thursday, July 27, the company rating was maintained by RBC Capital Markets. The company was maintained on Wednesday, October 18 by MUFG Securities Americas Inc. KeyBanc Capital Markets maintained CyrusOne Inc. (NASDAQ:CONE) on Thursday, October 12 with “Hold” rating. Stifel Nicolaus maintained it with “Buy” rating and $70 target in Tuesday, July 17 report. The stock of CyrusOne Inc. (NASDAQ:CONE) has “Buy” rating given on Friday, July 13 by Bank of America. As per Wednesday, February 21, the company rating was maintained by Credit Suisse. The firm has “Buy” rating given on Wednesday, December 6 by SunTrust.

Since August 17, 2018, it had 0 insider buys, and 2 selling transactions for $1.16 million activity. The insider Timmons Kevin L sold $495,222.

Investors sentiment decreased to 1.55 in Q3 2018. Its down 0.09, from 1.64 in 2018Q2. It is negative, as 23 investors sold CONE shares while 85 reduced holdings. 55 funds opened positions while 112 raised stakes. 102.88 million shares or 12.79% more from 91.21 million shares in 2018Q2 were reported. Usca Ria Ltd reported 10,773 shares. First Republic Invest Mngmt accumulated 0.01% or 33,719 shares. Riverhead Capital Mgmt Ltd Co reported 15,640 shares. Adams Diversified Equity Fund Inc holds 0.04% or 12,500 shares. The Illinois-based Heitman Real Estate Limited has invested 1.62% in CyrusOne Inc. (NASDAQ:CONE). Northwestern Mutual Wealth Mgmt Co invested in 122 shares. Bb&T Securities Limited Liability Com holds 19,870 shares. 6,641 are owned by Jefferies Grp Inc Limited Liability Company. Teachers Retirement Of The State Of Kentucky has invested 0.01% in CyrusOne Inc. (NASDAQ:CONE). Bancshares Of Montreal Can owns 0.02% invested in CyrusOne Inc. (NASDAQ:CONE) for 312,561 shares. Chevy Chase Trust Holdings Incorporated reported 381,041 shares. Employees Retirement Association Of Colorado holds 0% of its portfolio in CyrusOne Inc. (NASDAQ:CONE) for 11,590 shares. Zevenbergen Capital Invs Ltd Liability Co stated it has 10,475 shares or 0.02% of all its holdings. D L Carlson Invest Gp, New Hampshire-based fund reported 38,859 shares. State Of Tennessee Treasury Department reported 0.03% stake.

More notable recent CyrusOne Inc. (NASDAQ:CONE) news were published by: Nasdaq.com which released: “CyrusOne Inc (CONE) Ex-Dividend Date Scheduled for December 31, 2018 – Nasdaq” on December 28, 2018, also Bizjournals.com with their article: “Data center a first step in Goodyear’s quest for tech companies – Phoenix Business Journal” published on January 09, 2019, Businesswire.com published: “CyrusOne Inc. Announces Tax Allocations of 2018 Distributions – Business Wire” on January 28, 2019. More interesting news about CyrusOne Inc. (NASDAQ:CONE) were released by: Businesswire.com and their article: “IBM Cloud Direct Link Now Available in CyrusOne Data Centers – Business Wire” published on February 01, 2019 as well as Seekingalpha.com‘s news article titled: “Take Charge! CyrusOne Gets An Upgrade – Seeking Alpha” with publication date: October 03, 2018.

Santa Barbara Asset Management Llc, which manages about $4.47 billion and $6.91B US Long portfolio, decreased its stake in Allergan Plc by 12,828 shares to 749,655 shares, valued at $142.79M in 2018Q3, according to the filing. It also reduced its holding in Phillips 66 (NYSE:PSX) by 718,259 shares in the quarter, leaving it with 1.45M shares, and cut its stake in Chevron Corp New (NYSE:CVX).

CyrusOne Inc. (NASDAQ:CONE) Institutional Positions Chart

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