BB&T Securities LLC Boosts Stake in Automatic Data Processing (ADP)

BB&T Securities LLC Boosts Stake in Automatic Data Processing (ADP)

Cedar Rock Capital Ltd who had been investing in Automatic Data Processing In for a number of months, seems to be less bullish one the $50.27 billion market cap company. (NASDAQ:ADP). The stock saw a move of -0.89% during the latest trading session. It has underperformed by 0.87% the S&P500.

Ubs Global Asset Management Americas Inc decreased Synopsys Inc (SNPS) stake by 13.18% reported in 2017Q2 SEC filing. Patten Inc owns 770 shares. The Ubs Global Asset Management Americas Inc holds 561,270 shares with $40.93 billion value, down from 646,478 last quarter. Citigroup Inc now has $200.00 billion valuation. The stock declined 0.10% or $0.02 reaching $20.19 on the news. About 710,786 shares traded. It has outperformed by 28.95% the S&P500. Since an alpha above 1 hints at more gains, investors can predict some further rally scope. Its up 0.03, from 1.17 in 2017Q1.

Other institutional investors have also made changes to their positions in the company. After the latest check-in, shares are -3.30% off of the 50 day high and 2.98% away from the 50 day low number.

Dominion Energy, Inc. (NYSE:D) has moved 1.48% over the past week and is now priced at $78.01 after moving 0.66% in the most recent session. Ls Advisors Ltd holds 0.34% or 53,890 shares in its portfolio. (NASDAQ:SNPS) or 198,622 shares. Livforsakringsbolaget Skandia Omsesidigt holds 0.01% of its portfolio in Antero Resources Corp (NYSE:AR) for 3,000 shares. (NASDAQ:SNPS) for 677 shares. Raymond James Financial Services Advisors Inc. now owns 134,898 shares of the business services provider's stock valued at $13,865,000 after buying an additional 5,040 shares during the period. Welch And Forbes Ltd Liability Com invested in 0.8% or 278,782 shares. (NYSE:SNR) shares can stay above the price resistance around $8.93 a share, that could help propel New Senior Investment Group Inc. Rampart Invest Management Ltd Liability Com holds 0.05% or 1,951 shares. (NASDAQ:SNPS) for 12,496 shares. Fmr Limited Liability holds 0.01% or 600,678 shares. State Of Wisconsin Invest Board has 167,115 shares for 0.04% of their portfolio. It also upped United Bankshares Inc West V (NASDAQ:UBSI) stake by 17,871 shares and now owns 76,549 shares. Enterpriseproductspartnerslp (Mlp) (NYSE:EPD) was raised too.

Among 7 analysts covering Synopsys Inc. Zacks Investment Research downgraded Automatic Data Processing from a "hold" rating to a "sell" rating in a report on Tuesday, July 4th. On average, equities research analysts expect that Automatic Data Processing will post $3.71 EPS for the current fiscal year. Benchmark initiated Synopsys, Inc. (NASDAQ:SNPS) rating on Wednesday, September 9. ADP stock price climbed 31.36% over the past year, yielding a positive weighted alpha of 27.3 percent. The company was maintained on Thursday, December 1 by Needham. Benchmark maintained Synopsys, Inc. The firm has "Underweight" rating given on Thursday, August 3 by Morgan Stanley. Benchmark has "Hold" rating and $60 target. RBC Capital Markets initiated Synopsys, Inc. (NASDAQ:SNPS) rating on Monday, June 6. Finally, BMO Capital Markets reissued a "market perform" rating and issued a $105.00 target price on shares of Automatic Data Processing in a report on Monday, August 21st. Keefe Bruyette & Woods maintained the stock with "Buy" rating in Tuesday, October 3 report. The stock of Synopsys, Inc.

07/11/2016 - Automatic Data Processing, Inc. was upgraded to "outperform" by analysts at Sanford C. Bernstein. With 18,300 avg volume, 8 days are for Culp INC. (NASDAQ:SNPS) or 3,750 shares. During the same quarter past year, the firm earned $1.17 EPS. ADP's profit would be $377.72M giving it 33.29 P/E if the $0.85 EPS is correct. Investors of record on Friday, September 8th were issued a $0.57 dividend. Its down 0.06, from 0.83 in 2017Q1.

Boston Family Office LLC raised its holdings in Automatic Data Processing (NYSE:ADP) by 1.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 74 funds opened positions while 304 raised stakes. Causeway Cap Mgmt Ltd reported 6.61 million shares. Flagship Harbor Advisors LLC increased its holdings in shares of Automatic Data Processing by 0.6% during the first quarter. Ajo Lp holds 0.01% or 100,776 shares. Ngam Advsrs Limited Partnership, a Massachusetts-based fund reported 228,145 shares. 101,185 are owned by Schaper Benz And Wise Inv Counsel Incorporated Wi. The stock of Automatic Data Processing (NASDAQ:ADP) has "Hold" rating given on Tuesday, October 3 by Robert W. Baird.

Automatic Data Processing (NYSE:ADP) last posted its quarterly earnings data on Thursday, July 27th. Finally, Personal Capital Advisors Corp lifted its holdings in shares of Automatic Data Processing by 0.7% in the 2nd quarter.

08/15/2017 - Automatic Data Processing, Inc. had its "equal-weight" rating reiterated by analysts at Barclays. Crow Point Lc has invested 0.04% of its portfolio in Automatic Data Processing (NASDAQ:ADP).

Since May 24, 2017, it had 0 insider buys, and 1 sale for $4.94 million activity. 49,392 shares were sold by Rodriguez Carlos A, worth $4.94M.

Related News:

  • Stock is up at $261.44 (BA) Boeing, Air India Celebrate Airline's…

    For BA, the company now has $8.74 Billion of cash on the books, which is offset by $720 Million current liabilities. On July 27 the stock rating was upgraded from "Neutral" to "Sector Perform" in a statement from Credit Suisse.

    Tyson Fury announces return, plans 'three big fights' for 2018

    FORMER world heavyweight champion Tyson Fury claims he will return to the ring next April and has targeted three fights in 2018. But on Thursday, he wrote on social media he would "be ready to fight in April 2018 in a great fight".
    Eggs don't cause high cholesterol: Cracking 8 common myths about eggs

    Eggs don't cause high cholesterol: Cracking 8 common myths about eggs

    The risks are also "very low" for eggs carrying the British Lion mark - which account for more than 90% of eggs in the UK. Lot of studies have been done on this myth and it has been concluded that eating eggs and heart disease are not linked.
  • Apache Corporation (APA) PT Set at $45.00 by BMO Capital Markets

    BidaskClub raised Apache Corporation from a "strong sell" rating to a "sell" rating in a research report on Wednesday, June 14th. The energy company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.16 by $0.08.

    Hot Stocks Among Investors: Valeant Pharmaceuticals International, Inc. (VRX), QVC Group (QVCA)

    ILLEGAL ACTIVITY WARNING: This story was originally posted by StockNewsTimes and is the sole property of of StockNewsTimes. Following the purchase, the director now owns 70,572 shares of the company's stock, valued at approximately $980,950.80.

    CrossAmerica Partners LP (CAPL) Shares Bought by Goldman Sachs Group Inc

    TRADEMARK VIOLATION WARNING: This story was originally published by Dispatch Tribunal and is the property of of Dispatch Tribunal. Mountain Lake Investment Management Llc decreased Crossamerica Partners Lp (CAPL) stake by 12% reported in 2017Q2 SEC filing.
  • Maria Chappelle-Nadal, censured Missouri state senator, compares Trump to Hitler

    Maria Chappelle-Nadal, censured Missouri state senator, compares Trump to Hitler

    It shows President Trump pulling off a t-shirt over his head to reveal the face of Hitler. Dove apologized for the ad, which many social media users called racist.
    Linkin Park singer in posthumous Carpool Karaoke show

    Linkin Park singer in posthumous Carpool Karaoke show

    Linkin Park will honor their late frontman with a sold-out tribute concert at the Hollywood Bowl on October 27. Bennington , who struggled with depression, committed suicide by hanging on 20 July this year.
    Kenyan police use teargas to disperse opposition protesters in 3 cities

    Kenyan police use teargas to disperse opposition protesters in 3 cities

    The post Protests banned in Kenya after opposition leader pulls out of presidential election appeared first on PBS NewsHour . Judges at the Supreme Court directed IEBC to conduct fresh presidential elections before expiry of a 60-day period.
  • Only 3% of Americans own half of the nation's guns

    Only 3% of Americans own half of the nation's guns

    Dallas Taylor, a University of Southern Mississippi sophomore sports coaching major, affirmed this side of the gun control debate. One segment deals with how and why research into the public health implications of gun violence was halted in the '90s.
    Ahead of Assembly polls, Himachal Pradesh CM's sister-in-law, few relatives join BJP

    Ahead of Assembly polls, Himachal Pradesh CM's sister-in-law, few relatives join BJP

    BJP is investing hugely in its Union Minister JP Nadda but has not declared any CM candidate so far unlike Congress. He has many a time forced the Congress top leadership to give in to his demands in the affairs of Himachal Pradesh.
    Hackers accessed visitors' credit card info from 41 hotels in 11 countries

    Hackers accessed visitors' credit card info from 41 hotels in 11 countries

    Hyatt announced today that its payment systems were breached, exposing credit card data from 41 hotels in 11 countries. The largest number of Hyatt properties impacted were based in China with 18 hotels and Mexico with 4 hotels.

Most liked

Points: Jets Take On Patriots at MetLife
The Jets reached the AFC Conference Championship in back-to-back years in 2009 and 2010 but haven't reached the playoffs since. On defense, the Jets have over-performed so far and are 11th in stopping their opponents on third down and 10th in turnovers.

United Continental Holdings, Inc. (UAL) — Hot Trending Stock
Other institutional investors have also bought and sold shares of the company. 73 funds opened positions while 141 raised stakes. Technical analysts may be interested in how United Continental Holdings (UAL) is trading in relation to some moving averages.

Guardiola named Barclays Manager of the Month
As well as leading the Premier League, they are top of their Champions League group with two wins from two matches and through to the Carabao Cup last 16.

STUD OR DUD? Aston Martin Reveals The V8 Powered DB11 Volante Convertible
Room for personalisation and options on the DB11 Volante seems endless, with 70 individual options for DB11 Volante customers. Thorough testing procedures were conducted in order to extend the lifespan of the fabric roof and minimize wear and tear.

Sudden disasters leaving 14 million homeless yearly
According to Alexandra Bilak, director of IDMC, said the world today is seeing an all-time high of internally displaced, refugees and migrants.

No Rohingya Muslim refugee should be deported until November 21
The Rohingya refugees, a persecuted community of Muslims from Myanmar have fled the country in large numbers. They are largely located in Jammu, Hyderabad, Haryana, Uttar Pradesh, Delhi-NCR and Rajasthan.

Prince Harry Shares How Princess Diana Fought Homophobia At 25 Years Old
Princess Diana was posthumously awarded the Attitude Legacy Award , presented in the 20th anniversary year of her death.

Is there Inherent Value in Jones Lang LaSalle Incorporated (NYSE:JLL)
Looking at some alternate time periods, the 12 month price index is 1.23649, the 24 month is 0.87381, and the 36 month is 1.06605. The Company operates through four business segments: Americas; Europe, Middle East and Africa (EMEA); Asia Pacific, and LaSalle.

Family freed from Taliban captivity leaves Pakistan for Canada
The early Thursday rescue operation "by Pakistani forces, based on actionable intelligence from US authorities was successful". Her father, Ahmed Said Khadr, and the family stayed with Osama bin Laden briefly when Omar Khadr was a boy.

Mulayam, Akhilesh share platform after 11 months of family feud
After paying floral tributes together at Lohia's statue, the father-son chatted amid slogan shouting by party workers. The back-to-back meetings between the father and son kindled hopes of party workers of a reconciliation between them.

Bruno Mars, Drake, Ed Sheeran lead American Music Awards nods
Alessia Cara, Lady Gaga and Rihanna were nominated for the favorite female pop/rock artist award. The awards show will air live from the Microsoft Theater in Los Angeles on November 19 at 8 p.m.

The old round pound: Everything you need to know
The production of the new coins follows concerns about round pounds being vulnerable to sophisticated counterfeiters. People can also deposit them into any of their usual high street banks through the Post Office after this date.

$1.21 EPS Expected for Avery Dennison Corp (AVY)
Captrust Financial Advisors bought a new stake in shares of Avery Dennison Corporation during the second quarter worth $130,000. It is positive, as 32 investors sold AVY shares while 164 reduced holdings. 12 funds opened positions while 25 raised stakes.

Why You Should Still Hold ICICI Bank Limited (NYSE:IBN) Stock Today
It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. Whereas, in last 21 trading days (one month) was moved up -9.43% and plunged in last 63 trading days (quarter) of -10.31%.

Bayer sells units to be able to complete Monsanto takeover
It said it would use the proceeds of the sale to partially refinance the planned acquisition of Monsanto , which it still hopes will close in early 2018.