CyrusOne Inc (CONE) Holdings Increased by Commonwealth Bank Of Australia

Paterniano Del Favero
Agosto 11, 2017

Thrivent Financial For Lutherans added to its ownership by buying 121,336 shares an increase of 131.0%. Loeb Partners Corp's holdings in CyrusOne were worth $1,910,000 as of its most recent SEC filing.

These firms have also modified their investment in CONE. 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. Over the last three months, insiders have sold 126,894 shares of company stock valued at $7,342,489. Perigon Wealth Management LLC boosted its stake in CyrusOne by 941.7% in the first quarter. As of the end of the quarter Axa had bought 96,500 shares growing its holdings by 65.0%. Finally, Louisiana State Employees Retirement System purchased a new stake in shares of CyrusOne during the first quarter valued at $968,000. Capstone Asset Management Co. purchased a new stake in shares of CyrusOne during the first quarter valued at $373,000.

ILLEGAL ACTIVITY WARNING: "Stifel Nicolaus Reiterates "Buy" Rating for CyrusOne Inc (CONE)" was first posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. 766,332 shares of the company were exchanged. The firm has a 50-day moving average price of $57.40 and a 200 day moving average price of $53.63. CyrusOne has a one year low of $38.80 and a one year high of $60.55.

Shares of CyrusOne (CONE) opened at 57.27 on Wednesday. The dividend will be $0.420 per share for the quarter which comes to $1.68 on an annualized basis. CyrusOne had a positive return on equity of 2.27% and a negative net margin of 2.87%. The company had revenue of $166.90 million for the quarter, compared to the consensus estimate of $165.71 million. Next quarter's EPS is forecasted at $0.10 and the next full year EPS is projected to be $0.48. CyrusOne's quarterly revenue was up 28.3% compared to the same quarter past year. Equities analysts predict that CyrusOne Inc will post ($0.11) EPS for the current fiscal year. CyrusOne Inc also recently declared a dividend for shareholders that will be paid on Friday October 13th, 2017. Stockholders of record on Friday, June 30th were given a $0.42 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This dividend amount will represent a yeild of $2.98. CyrusOne's dividend payout ratio (DPR) is presently -884.16%. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and global copyright & trademark laws. 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.

Several research firms have recently commented on CONE. Zacks Investment Research raised shares of CyrusOne from a "hold" rating to a "buy" rating and set a $62.00 price target on the stock in a research note on Tuesday, July 11th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $63.00 target price (up from $59.00) on shares of CyrusOne in a research report on Monday, May 8th. Stifel Nicolaus reiterated a "buy" rating on shares of CyrusOne in a research report on Tuesday, April 25th. Finally, Mitsubishi UFJ Financial Group began coverage on CyrusOne in a research report on Tuesday, April 25th. They issued a "neutral" rating and a $54.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eleven have issued a buy rating to the company's stock.

In related news, CEO Gary J. Wojtaszek sold 38,294 shares of the stock in a transaction that occurred on Monday, June 5th. 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 of the company's stock, valued at approximately $29,679,134.21.

In other CyrusOne news, insider Kevin L. Timmons sold 8,600 shares of CyrusOne stock in a transaction that occurred on Monday, June 5th. The shares were sold at an average price of $57.89, for a total transaction of $497,854.00. Following the completion of the sale, the insider now owns 170,137 shares of the company's stock, valued at approximately $9,849,230.93.

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