CyrusOne Inc (CONE) Shares Sold by US Bancorp DE

Public Employees Retirement System of OH increased its position in CyrusOne Inc (NASDAQ:CONE) by 8.5% during the first quarter, according to its most recent disclosure with the SEC. JPMorgan Chase & Co. now owns 1,426,894 shares of the real estate investment trust's stock worth $73,441,000 after buying an additional 417,022 shares in the last quarter.

A number of hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. raised its position in CyrusOne by 20.5% in the first quarter. Vanguard Group Inc. now owns 11,861,462 shares of the real estate investment trust's stock valued at $610,510,000 after buying an additional 2,220,488 shares during the last quarter. Public Employees Retirement Association of Colorado boosted its stake in shares of CyrusOne by 21.6% in the second quarter. Perigon Wealth Management LLC now owns 3,125 shares of the real estate investment trust's stock valued at $162,000 after buying an additional 2,825 shares in the last quarter. Ltd. increased its stake in shares of CyrusOne by 1,668.0% in the first quarter. The value of the investment in CONE went from $1,148,000 to $1,266,000 a change of 10.3% for the reporting period. Perigon Wealth Management LLC raised its position in shares of CyrusOne by 941.7% in the first quarter.

The company is so far trading unchanged by 0.00 percent from yesterday's close. 527,692 shares of the company were exchanged. The firm's 50 day moving average price is $57.40 and its 200 day moving average price is $53.63. The company's market cap is $5.05 billion. CyrusOne has a 52-week low of $38.80 and a 52-week high of $60.55.

CyrusOne (NASDAQ:CONE) last issued its earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.77 earnings per share for the quarter, topping analysts' consensus estimates of $0.74 by $0.03. CyrusOne had a negative net margin of 2.87% and a positive return on equity of 2.27%. The company had revenue of $166.90 million during the quarter, compared to analysts' expectations of $165.71 million. The business's quarterly revenue was up 28.3% compared to the same quarter previous year. Analysts forecast that CyrusOne Inc will post ($0.11) EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Friday, September 29th will be paid a $0.42 dividend. The ex-dividend date has been established as Wednesday the 28th of June 2017. This represents a $1.68 dividend on an annualized basis and a yield of 2.93%.

Shares of CyrusOne Inc (NASDAQ:CONE) opened at 59.71 on Tuesday. If you are viewing this report on another publication, it was copied illegally and reposted in violation of global copyright & trademark legislation. The legal version of this piece of content can be read at https://www.thecerbatgem.com/2017/08/11/stifel-nicolaus-reiterates-buy-rating-for-cyrusone-inc-cone.html. Cowen and Company reaffirmed a "buy" rating and issued a $72.00 price objective on shares of CyrusOne in a research note on Friday, July 28th. Zacks Investment Research lowered CyrusOne from a "buy" rating to a "hold" rating in a report on Tuesday. Royal Bank Of Canada reaffirmed a "buy" rating on shares of CyrusOne in a research note on Friday, July 28th. TheStreet downgraded CyrusOne from a "b-" rating to a "c" rating in a research report on Wednesday, May 3rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have given a buy rating to the company. The company presently has a consensus rating of "Buy" and an average price target of $60.23. Also, insider Gary J. Wojtaszek sold 80,000 shares of CyrusOne stock in a transaction that occurred on Tuesday, June 6th. The stock was sold at an average price of $58.01, for a total transaction of $2,221,434.94. Following the completion of the sale, the chief executive officer now directly owns 511,621 shares in the company, valued at $29,679,134.21. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

In other news, insider Kevin L. Timmons sold 8,600 shares of the business's stock in a transaction on Monday, June 5th. The stock was sold at an average price of $57.79, for a total transaction of $4,623,200.00. Following the sale, the insider now directly owns 511,621 shares of the company's stock, valued at approximately $29,566,577.59.

Notícias recomendadas

  • Nitish Kumar to join NDA at the center on August 19

    Nitish Kumar to join NDA at the center on August 19

    He tweeted that yesterday JD (U) Chief Nitish Kumar had visited him at his residence and he invited him to join JD (U) with NDA. Sharad Yadav claimed that the people of Bihar voted in the last Assembly election to keep the BJP out of power for five years.
    Anti-Islam candidate to stand for UKIP leadership

    Anti-Islam candidate to stand for UKIP leadership

    Another contender is John Rees-Evans, a former soldier who once claimed that a gay donkey had tried to rape his horse. Voting opens on 1 September with the result to be announced at Ukip's party conference at the end of that month.
    Neymar va payer son amende au fisc brésilien

    Neymar va payer son amende au fisc brésilien

    Alors qu'il évoluait à Santos, Neymar était rentré en conflit avec le fisc brésilien concernant le versement de droits d'images.
  • Nord-Isère: un homme poignarde à mort sa compagne

    Nord-Isère: un homme poignarde à mort sa compagne

    Les morts violentes surviennent plus fréquemment au sein des couples déjà mariés, dans 55,9% des cas. Les secours ont été alerté vers 22h15 qu'un drame venait de se produire sur la commune.
    Virtu Financial, Inc. (NASDAQ:VIRT) Stake Owned by Temasek Holdings (Private) Ltd

    Virtu Financial, Inc. (NASDAQ:VIRT) Stake Owned by Temasek Holdings (Private) Ltd

    O Shaughnessy Asset Management LLC purchased a new position in Virtu Financial during the first quarter valued at about $109,000. BidaskClub lowered shares of Virtu Financial from a "hold" rating to a "sell" rating in a report on Wednesday, July 19th.
    United States  sends McCain's namesake to challenge Chinese maritime claims

    United States sends McCain's namesake to challenge Chinese maritime claims

    China, which claims virtually the entire South China Sea, routinely protests such operations. It was the third " freedom of navigation operation" during Trump's presidency.
  • Stocks slide on continued concern over tension between United States and North Korea

    As a result, the yield on the benchmark ten-year note, which moves opposite of its price, is down by 1.5 basis points at 2.226%. They are looking for confirmation the Fed is sticking with plans for a possible December interest rate hike.
    Two men in court charged with taxi driver kidnapping

    Two men in court charged with taxi driver kidnapping

    A 24-year-old Auckland man has been arrested over the kidnapping and serious assault of a taxi driver in Wellington yesterday. On Friday morning, police appealed for sightings of a white Toyota Probox, registration FLY984, linked to the kidnapping.
    Antonio Conte: Chelsea need new signings for Premier League title

    Antonio Conte: Chelsea need new signings for Premier League title

    It's something that motivates me and makes me work harder every day, to be an extra hour each day in the training ground. Morata was signed for a reported fee rising to £70 million and could make his Premier League debut against the Clarets.
  • West Ham United should look at Nikola Kalinic

    He laughs: "I will thank Joe when I see him!" If he plays as fast as he talks then it is going to be very exciting for West Ham. West Ham face a hard start to their Premier League season, as they gear up to face Manchester United at Old Trafford.
    RSP Permian's (RSPP) Buy Rating Reiterated at Stifel Nicolaus

    RSP Permian's (RSPP) Buy Rating Reiterated at Stifel Nicolaus

    The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Finally, GSA Capital Partners LLP purchased a new stake in RSP Permian during the second quarter valued at $225,000.
    Nantes s'offre le Brésilien Girotto — Officiel

    Nantes s'offre le Brésilien Girotto — Officiel

    J'ai aussi contacté plusieurs joueurs du Championnat de France de L1 qui m'ont conforté dans mon choix. Je vais à présent tout faire pour aider l'équipe et rendre heureux les supporters.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.