Automatic Data Processing In Com (ADP) Shareholder Assetmark INC Upped Its Stake

Postado Dezembro 07, 2017

The stock decreased 6.62% or $0.001 during the last trading session, reaching $0.0141. About 776,752 shares traded. The firm's quarterly revenue was up 5.6% compared to the same quarter last year. analysts anticipate that Automatic Data Processing will post 3.91 earnings per share for the current fiscal year. Shareholders of record on Friday, December 8th will be given a $0.63 dividend. It has underperformed by 16.70% the S&P500. Moreover, Clenar Muke Llc has 0.06% invested in the company for 56,678 shares. The firm owned 156,679 shares of the business services provider's stock after acquiring an additional 30,422 shares during the quarter. The company had revenue of $3.08 billion for the quarter, compared to analyst estimates of $3.06 billion. "Its segments include Employer Services and Professional Employer Organization (PEO) Services.new TradingView.widget ({ "height": "400, "width": "625, "symbol": "ADP", "interval": "D", "timezone": "Etc/UTC", "theme": "White", "style": "1", "locale": "en", "toolbar_bg": "#f1f3f6", "enable_publishing": "false, "hideideas": "true, "referral_id": "2588"}); Receive News & Ratings for Automatic Data Processing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Automatic Data Processing and related companies with MarketBeat.com's FREE daily email newsletter. BlackRock Inc. now owns 29,869,208 shares of the business services provider's stock worth $3,060,398,000 after purchasing an additional 237,439 shares in the last quarter. Rio Tinto plc (NYSE:RIO) has risen 43.73% since December 6, 2016 and is uptrending. It has underperformed by 4.51% the S&P500.

Among 16 analysts covering Agnico-Eagle Mines (NYSE:AEM), 10 have Buy rating, 0 Sell and 6 Hold. Agnico-Eagle Mines had 46 analyst reports since July 24, 2015 according to SRatingsIntel. Barclays Capital maintained BlackRock, Inc. The rating was maintained by RBC Capital Markets with "Sector Perform" on Thursday, February 4. The firm earned "Hold" rating on Wednesday, August 2 by Cowen & Co. The firm has "Buy" rating by Desjardins Securities given on Thursday, March 16. Citigroup initiated Agnico Eagle Mines Limited (NYSE:AEM) on Tuesday, August 2 with "Sell" rating. (TSE:BBD.B) has "Outperform" rating given on Monday, May 29 by BMO Capital Markets. (NASDAQ:ADP) earned "Hold" rating by Stifel Nicolaus on Monday, January 30.

Neuberger Berman Group Llc, which manages about $77.86B US Long portfolio, decreased its stake in Pacwest Bancorp (NASDAQ:PACW) by 368,611 shares to 2.24 million shares, valued at $104.62 million in 2017Q2, according to the filing. It also reduced Alleghany Corp (NYSE:Y) stake by 1,259 shares and now owns 70,985 shares. They expect $0.89 earnings per share, up 2.30% or $0.02 from last year's $0.87 per share. Seaward Management Limited Partnership raised its stake in Automatic Data Processing by 2.9% in the first quarter. Marathon Asset Management Llp acquired 11,173 shares as Automatic Data Processing (ADP)'s stock declined 1.06%. Therefore 9% are positive. Deutsche Bank reiterated a "hold" rating and issued a $102.00 target price on shares of Automatic Data Processing in a report on Monday, August 21st. The stock has "Outperform" rating by BMO Capital Markets on Friday, July 28. On Tuesday, November 8 the stock rating was downgraded by Northcoast to "Neutral".

Among 21 analysts covering Rio Tinto (NYSE:RIO), 11 have Buy rating, 3 Sell and 7 Hold. As per Tuesday, October 31, the company rating was maintained by Bernstein. As per Monday, August 28, the company rating was maintained by Stifel Nicolaus. The rating was upgraded by CLSA to "Buy" on Friday, April 7. As per Tuesday, November 3, the company rating was maintained by Argus Research.

Investors sentiment decreased to 0.77 in 2017 Q2. Its up 0.09, from 1.19 in 2017Q1. It fall, as 62 investors sold ADP shares while 426 reduced holdings. 95 funds opened positions while 320 raised stakes. 355.68 million shares or 2.28% more from 347.76 million shares in 2017Q1 were reported. (NASDAQ:ADP). Regions Fin owns 0.21% invested in Automatic Data Processing, Inc.

WARNING: "Achmea Investment Management B.V. Has $2.89 Million Holdings in Automatic Data Processing (NASDAQ:ADP)" was published by Dispatch Tribunal and is owned by of Dispatch Tribunal. William Blair downgraded Automatic Data Processing, Inc. Institutional investors and hedge funds own 78.64% of the company's stock. Washington Trust Bank lifted its holdings in shares of Automatic Data Processing by 0.4% in the 2nd quarter.

Several equities research analysts have weighed in on ADP shares. Mckinley Carter Wealth Services reported 0.14% stake. Asset Mgmt holds 0.09% or 4,898 shares.

Automatic Data Processing (NASDAQ:ADP) last announced its quarterly earnings data on Thursday, November 2nd. ADP's profit will be $394.70M for 32.59 P/E if the $0.89 EPS becomes a reality. This is a positive change from Automatic Data Processing's previous quarterly dividend of $0.57. (NYSE:HTZ), 1 have Buy rating, 5 Sell and 5 Hold.