Economy

Hot Stock to Watch: Automatic Data Processing, Inc. (ADP)

(ADP) has a market cap of $47.31 billion and over the last 12 months, Automatic Data Processing, Inc. The business services provider reported $0.65 earnings per share for the quarter, missing analysts' consensus estimates of $0.67 by $0.02. The stock decreased 0.86% or $0.92 during the last trading session, reaching $106.43.

The company is trading up by 1.52% percent from yesterday's close. Argus lowered their price objective on Automatic Data Processing from $118.00 to $101.50 and set a "buy" rating for the company in a research note on Wednesday, May 31st. It has underperformed by 0.87% the S&P500.

Allstate Corp increased Masco Corp (MAS) stake by 72.92% reported in 2016Q4 SEC filing. Marco Investment Limited Company has 4,214 shares for 0.08% of their portfolio. It has a 27.66 P/E ratio. Also, VP Donald Weinstein sold 1,933 shares of the firm's stock in a transaction on Monday, July 3rd.

About 747,150 shares traded. Sealed Air Corp (NYSE:SEE) has declined 6.94% since September 6, 2016 and is downtrending. It has outperformed by 31.71% the S&P500.

The Alumasc Group plc is a building products, systems and solutions company. Therefore 100% are positive. The rating was maintained by RBC Capital Markets with "Sector Perform" on Monday, August 3. Jefferies maintained it with "Hold" rating and $52 target in Thursday, July 14 report. As per Monday, August 31, the company rating was upgraded by William Blair. The firm has "Buy" rating given on Friday, March 24 by Wunderlich. The rating was maintained by Deutsche Bank with "Buy" on Tuesday, August 25. Jefferies maintained the stock with "Hold" rating in Thursday, June 15 report.

Investors sentiment decreased to 0.88 in 2016 Q4. Its down 0.06, from 0.83 in 2016Q3. Through this figure traders can analyze that ADP show whether or not a stock now most active and standing in buying side or sell side. 207 funds opened positions while 479 raised stakes. 3,400 are held by Norman Fields Gottscho Capital Mngmt Limited Com. The company had a trading volume of 2,195,270 shares. Moloney Securities Asset Management LLC now owns 5,777 shares of the business services provider's stock worth $592,000 after purchasing an additional 28 shares during the period. Supplemental Annuity Collective Tru Of Nj accumulated 0.46% or 9,399 shares. Contravisory reported 0% stake. Sawgrass Asset Mngmt Limited Liability Corporation stated it has 5,406 shares or 0.03% of all its holdings. Parallel Advisors LLC now owns 4,495 shares of the business services provider's stock valued at $438,000 after buying an additional 26 shares in the last quarter. Lenox Wealth Mngmt has invested 0.03% in Abbott Laboratories (NYSE:ABT). 12,243 were reported by Copeland Capital Ltd Liability. Pettyjohn Wood And White holds 0.69% or 46,034 shares. BlackRock Inc. boosted its position in shares of Automatic Data Processing by 1,971.2% during the 1st quarter. 49,392 Automatic Data Processing (NASDAQ:ADP) shares with value of $4.94 million were sold by Rodriguez Carlos A. Eberhard Michael C sold 7,463 shares worth $783,615. Shareholders of record on Friday, September 8th will be paid a dividend of $0.57 per share. The ex-dividend date will be on Wednesday the 7th of June 2017. The Regions Financial Corp holds 204,666 shares with $21.04M value, down from 230,841 last quarter. Its down 0.09, from 0.96 in 2016Q3. Putnam Invests Lc stated it has 215,741 shares or 0.05% of all its holdings. 116 funds opened positions while 293 raised stakes. It also upped Novartis Ag (NYSE:NVS) stake by 1.55 million shares and now owns 10.97 million shares. Barclays Capital initiated Automatic Data Processing (NASDAQ:ADP) rating on Tuesday, December 20. Barton Management has 0.14% invested in Automatic Data Processing (NASDAQ:ADP) for 4,000 shares. Parallel Advisors LLC raised its stake in shares of Automatic Data Processing by 0.6% in the first quarter. Reliance Trust Company Of Delaware has 11,125 shares for 0.17% of their portfolio. Stifel Financial Corp grew its position in Automatic Data Processing by 3.0% in the first quarter. Fundsmith Llp invested in 3.88M shares. Greenleaf holds 6,559 shares or 0.02% of its portfolio. Keating Inv Counselors reported 5,600 shares. Us Bancorp De, a Minnesota-based fund reported 951,837 shares. The analyst recommendations from a month ago are 2 Buy, 1 Overweight, 2 Sell, 15 Hold and 1 Underweight. Therefore 17% are positive. On average, equities research analysts predict that Automatic Data Processing will post $3.81 EPS for the current year. Wedbush initiated the stock with "Neutral" rating in Friday, September 9 report. The firm has "Buy" rating given on Tuesday, November 3 by Argus Research. The company was maintained on Monday, August 3 by RBC Capital Markets. The rating was downgraded by Barclays Capital to "Equal-Weight" on Tuesday, July 18. Robert W. Baird restated a "neutral" rating and issued a $95.00 price objective on shares of Automatic Data Processing in a research note on Sunday, July 30th. Automatic Data Processing, Inc.'s current price of $106.43 translates into 0.54% yield. The firm has "Buy" rating by RBC Capital Markets given on Wednesday, April 12.

Since March 6, 2017, it had 0 insider purchases, and 3 sales for $6.02 million activity. 8,873 shares were sold by Flynn Edward B III, worth $921,727. Insiders have sold 41,228 shares of company stock valued at $4,496,063 in the last three months.



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