Ltd. now owns 869,130 shares of the real estate investment trust's stock valued at $44,734,000 after buying an additional 819,970 shares during the last quarter. Soros Fund Management LLC purchased a new position in shares of CyrusOne during the first quarter valued at about $211,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in CONE. Almanack Investment Partners LLC. purchased a new position in CyrusOne during the second quarter worth approximately $124,000. PNC Financial Services Group Inc. now owns 2,280 shares of the real estate investment trust's stock valued at $116,000 after buying an additional 388 shares during the period. Thrivent Financial For Lutherans now owns 213,966 shares with a value of $11,929,000.
Investec Asset Management Ltd expanded its stake by buying 414 shares an increase of 1.9% from 03/31/2017 to 06/30/2017. 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. Finally, JPMorgan Chase & Co. raised its stake in shares of CyrusOne by 41.3% in the first quarter.
The company is so far trading unchanged by 0.00 percent from yesterday's close. 636,180 shares of the company traded hands. The firm has a 50-day moving average price of $57.40 and a 200 day moving average price of $53.63. The stock's market capitalization is $5.11 billion. CyrusOne Inc has a 12-month low of $38.80 and a 12-month high of $60.55.
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CyrusOne (NASDAQ:CONE) last announced its quarterly earnings data on Wednesday, August 2nd. The real estate investment trust reported $0.77 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.74 by $0.03. CyrusOne had a positive return on equity of 1.30% and a negative net margin of 4.35%. The company had revenue of $166.90 million for the quarter, compared to the consensus estimate of $165.71 million. During the same quarter in the previous year, the firm posted $0.67 EPS. The business's revenue was up 28.3% on a year-over-year basis. On average, equities analysts anticipate that CyrusOne will post ($0.11) earnings per share for the current fiscal year. CyrusOne Inc recently declared a dividend for shareholders that will be paid on Fri Oct 13, 2017. Investors of record on Friday, September 29th will be given a dividend of $0.42 per share. The ex-dividend date was Wednesday, June 28th. This represents a $1.68 annualized dividend and a yield of 2.81%. CyrusOne's dividend payout ratio is now -541.92%. If you are reading this report on another website, it was illegally copied and reposted in violation of USA & global trademark and copyright laws. The original version of this report can be read at https://www.thestockobserver.com/2017/08/12/cyrusone-inc-nasdaqcone-lifted-to-buy-at-zacks-investment-research-updated-updated-updated.html. Finally, Royal Bank Of Canada upped their price target on CyrusOne from $59.00 to $63.00 and gave the stock an "outperform" rating in a research note on Monday, May 15th. TheStreet cut shares of CyrusOne from a "b-" rating to a "c" rating in a research note on Wednesday, May 3rd. Zacks Investment Research lowered CyrusOne from a "buy" rating to a "hold" rating in a report on Tuesday.
CyrusOne had its "buy" rating reaffirmed by analysts at Jefferies Group LLC. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and eleven have assigned a buy rating to the company's stock.
6/23/2017 - CyrusOne had its price target raised by analysts at Cowen and Company from $65.00 to $72.00.
In related news, CEO Gary J. Wojtaszek sold 38,294 shares of CyrusOne stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $58.01, for a total value of $2,221,434.94. Following the transaction, the insider now directly owns 170,137 shares of the company's stock, valued at $9,849,230.93. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Gary J. Wojtaszek sold 80,000 shares of the firm's stock in a transaction on Tuesday, June 6th. The shares were sold at an average price of $57.89, for a total value of $497,854.00. Following the completion of the sale, the insider now owns 511,621 shares in the company, valued at approximately $29,566,577.59.