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

Automatic Data Processing, Inc. (NASDAQ:ADP) Valuation According To Analysts

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.

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