Economy

Automatic Data Processing (NYSE:ADP) Shares Sold by Allen Investment Management LLC

Franklin Resources Inc. lessened its holdings in shares of Automatic Data Processing (NYSE:ADP) by 18.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. BlackRock Inc. raised its stake in Automatic Data Processing by 1,971.2% during the 1st quarter. The business services provider reported $0.65 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.67 by ($0.02). Armbruster Capital Management Inc. raised its stake in Automatic Data Processing by 2.5% in the 2nd quarter. About 240,408 shares traded. (NASDAQ:ADP). Automatic Data Processing, Inc. had a higher price at the close than it did at the open.

General Motors Company was covered by a number of analysts recently, 2 rated the stock as Buy, 0 rated Outperform, 15 rated Hold, 0 gave an Underperform and 0 rated sell. The stock of Automatic Data Processing (NASDAQ:ADP) earned "Equal-Weight" rating by Barclays Capital on Thursday, October 26. The stock decreased 1.07% or $1.27 during the last trading session, reaching $116.98. XPO's profit will be $68.34 million for 30.00 P/E if the $0.58 EPS becomes a reality.

Automatic Data Processing, Inc.'s average Book Value per Share Growth Rate was -9.1 percent during the past 12 months.

Since May 24, 2017, it had 0 insider purchases, and 1 sale for $4.94 million activity. The rating was upgraded by Bernstein on Monday, July 11 to "Outperform". BidaskClub downgraded Automatic Data Processing from a buy rating to a hold rating in a report on Friday, September 15th. Therefore 11% are positive. Carderock Capital Management holds 2.26% of its portfolio in Automatic Data Processing (NASDAQ:ADP) for 48,997 shares. The firm has "Buy" rating given on Friday, December 16 by Goldman Sachs. BMO Capital Markets maintained it with "Hold" rating and $112.0 target in Friday, October 13 report. RBC Capital Markets maintained the shares of PFG in report on Monday, October 9 with "Buy" rating. The rating was maintained by Argus Research on Tuesday, May 3 with "Buy".

In other news, VP Brock Albinson sold 3,663 shares of the company's stock in a transaction that occurred on Friday, September 1st. The legal version of this piece of content can be viewed at https://weekherald.com/2017/10/31/south-dakota-investment-council-has-2-02-million-position-in-automatic-data-processing-adp.html. Robert W. Baird has "Hold" rating and $111.0 target.

Neville Rodie & Shaw Inc increased S&P 500 Depository Receipts (SPY) stake by 6,394 shares to 52,940 valued at $12.80M in 2017Q2. It also upped Gilead Sciences Inc (NASDAQ:GILD) stake by 6,600 shares and now owns 387,500 shares. Days to cover decreased from 3.0 to 3.0 and the short interest percentage is 0.02% as of September 29. Its down 0.02, from 0.84 in 2017Q1. It worsened, as 62 investors sold ADP shares while 426 reduced holdings. Proficio Capital Partners LLC raised its stake in Automatic Data Processing by 1.8% in the 2nd quarter. Voya Invest Mgmt Ltd Liability Corp has 252,489 shares. Roundview Ltd Llc has 0.24% invested in Automatic Data Processing (NASDAQ:ADP) for 7,975 shares. Tocqueville Asset LP has invested 0.4% in Automatic Data Processing (NASDAQ:ADP). 24,314 are owned by Capital Counsel Incorporated. Tudor Invest Corp Et Al has 0.03% invested in Automatic Data Processing (NASDAQ:ADP). Proficio Capital Partners LLC now owns 964 shares of the business services provider's stock valued at $111,000 after acquiring an additional 17 shares in the last quarter. Somerville Kurt F invested in 3.74% or 178,812 shares. Front Barnett Assoc Limited Com holds 4,700 shares or 0.09% of its portfolio. Horan Cap holds 23,309 shares or 0.52% of its portfolio. As of quarter end Aperio Group, LLC had disposed of 29,978 shares trimming its position 7.0%. Sumitomo Mitsui Asset Mgmt Limited invested in 81,182 shares or 0.14% of the stock. Asset Mgmt has invested 0.26% of its portfolio in Automatic Data Processing (NASDAQ:ADP). This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.95%. Valdes Luis E. had sold 10,375 shares worth $664,000. Another trade for 3.00M shares valued at $207.65M was made by GATES WILLIAM H III on Monday, May 1.

Investors sentiment decreased to 1.06 in Q2 2017. Its down 0.12, from 0.91 in 2017Q1. It is negative, as 30 investors sold PFG shares while 173 reduced holdings. Papp L Roy Associate reported 11,900 shares. Srb invested 0.02% of its portfolio in United Continental Holdings Inc (NYSE:UAL). Raymond James, Florida-based fund reported 753,687 shares. Mackenzie Fincl owns 411,660 shares or 0.23% of their U.S. portfolio.

Analysts expect American Woodmark Corporation (NASDAQ:AMWD) to report $1.33 EPS on November, 28.They anticipate $0.23 EPS change or 20.91% from last quarter's $1.1 EPS. First Commercial Bank & Tru Of Newtown holds 1.62% of its portfolio in Microsoft Corporation (NASDAQ:MSFT) for 80,809 shares. Redwood Ltd Liability Corporation invested 0% in Automatic Data Processing (NASDAQ:ADP). Shares for $141,003 were sold by Campbell Roger Perry on Friday, June 2. Avalon Advsr Ltd Limited Liability Company accumulated 0.05% or 15,064 shares. State Bank Of Mellon Corporation holds 0.04% or 1.95M shares in its portfolio.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.



Like this

loading...
loading...

Latest


31 October 2017
(PG) Insider Sold $267738.90 in Stock
More interesting news about Procter & Gamble Co (NYSE:PG) were released by: Fool.com and their article: "Procter & Gamble Co". On average, equities analysts predict that Procter & Gamble Company will post $4.17 earnings per share for the current year.

31 October 2017
Michael Jackson top earning dead celebrity with $75M
Singing legends Elvis Presley with 35M (US) and Bob Marley with 23M (US) have secured fourth and fifth position (s) respectively. The King of Pop continues to win the hearts of people to this day, precisely eight years after his demise.

31 October 2017
Prue Leith accidentally tweets Bake Off victor
Poor old Prue Leith has managed to blow tonight's Great British Bake Off by tweeting about the victor this morning. The tweet was hastily deleted, but not before many people had noticed and remarked upon the gaffe.

31 October 2017
Analytical Preview of Twenty-First Century Fox, Inc. (FOXA)
Twenty-First Century Fox , Inc. on 6/29/2017 reported its EPS as $0.51 with the analysts projecting the EPS of the stock as $0.44. Following the completion of the sale, the director now owns 55,647 shares of the company's stock, valued at $1,558,672.47.

31 October 2017
Bank of America Corporation Downgrades Under Armour, Inc. (UAA) to Underperform
TRADEMARK VIOLATION WARNING: This article was originally reported by StockNewsTimes and is the property of of StockNewsTimes. The apparel retailer reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.04.

31 October 2017
The Clorox Company (CLX), The Hartford Financial Services Group, Inc. (HIG)
It will be interesting to see how The Hartford Financial Services Group, Inc. does in the future, and for investors alike. The ability for The Hartford Financial Services Group, Inc.to pay for the 1.81% dividend yield is 68.50% payout ratio.

31 October 2017
Active Stock Picking: Suncoke Energy Inc (SXC) and Iconix Brand Group (ICON)
The Magic Formula was introduced in a book written by Joel Greenblatt, entitled, "The Little Book that Beats the Market". The ratio may be used to provide an idea of the ability of a certain company to pay back its liabilities with assets.

31 October 2017
Microsoft Surface Pro LTE Is Coming In December, Its Official
The LTE version of Surface Pro is expected to have seven massive LTE antennas for more reliable network connection. They shared the following statistics via a survey relating to the use of Microsoft's Surface in business.

31 October 2017
AIR POLLUTION: How Portsmouth compares to other areas in the south
Millions of people living in dozens of British cities, including Leeds, are inhaling air considered too unsafe to breathe by the World Health Organisation, a report has shown.

31 October 2017
Govt extends deadline to file GSTR-2, GSTR-3 by a month
The GST Council will now meet on November 10 and the issue will then be taken up by Union Finance Minister Arun Jaitley. Reports state that after the GST roll out on July 1, many issues have surfaced that have impacted several businesses.