CyrusOne Inc (CONE) - Morgan Stanley Maintains Rating And Raises Price Target

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27 August, 2017

In the market the company is trading up by 0.61 percent from yesterday's close. The company had revenue of $166.90 million during the quarter, compared to analysts' expectations of $165.71 million. The company has market cap of $5.70 billion. The stock increased 1.03% or $0.11 on August 25, reaching $10.82. The shares were sold at an average price of $58.01, for a total transaction of $2,221,434.94. Following the sale, the insider now directly owns 511,621 shares of the company's stock, valued at approximately $29,566,577.59. BlackRock Inc. now owns 6,929,733 shares of the real estate investment trust's stock valued at $356,674,000 after buying an additional 6,854,263 shares during the last quarter. The lowest target is $50.0 while the high is $61.0.

About 65,776 shares traded. Donaldson Company, Inc. (DCI) has risen 47.11% since August 25, 2016 and is uptrending. It has underperformed by 3.04% the S&P500.

In related news, insider Kevin L. Timmons sold 8,600 shares of CyrusOne stock in a transaction dated Monday, June 5th. President and CEO Gary J. Wojtaszek let go of 80,000 shares at a price of $57.80 on Tue the 6th. It also increased its holding in Integer Holdings Corp by 20,476 shares in the quarter, for a total of 381,669 shares, and has risen its stake in Varonis Systems Inc (NASDAQ:VRNS).

On June 30 analysts at Credit Suisse started covering the stock setting a rating of "Outperform". Therefore 87% are positive. The firm earned "Outperform" rating on Monday, November 9 by RBC Capital Markets. Morgan Stanley reaffirmed an "overweight" recommendation and fixed a $58.00 price objective (up prior from $56.00) on stocks of CyrusOne in a study note published on Wed, May 17th. On Thursday, August 11 the stock rating was maintained by Jefferies with "Buy". Stifel Nicolaus maintained CyrusOne Inc (NASDAQ:CONE) rating on Friday, May 6. As per Friday, June 23, the company rating was maintained by Cowen & Co. The legal version of this report can be viewed at https://stocknewstimes.com/2017/08/26/cyrusone-inc-cone-given-overweight-rating-at-morgan-stanley.html. The stock has "Buy" rating by Deutsche Bank on Monday, July 18.

CyrusOne (NASDAQ:CONE) last issued its quarterly earnings results on Wednesday, August 2nd.

Investors sentiment decreased to 1.1 in Q4 2016. Its down 0.23, from 1.33 in 2016Q3. It fall, as 46 investors sold CyrusOne Inc shares while 77 reduced holdings.

Shares of CyrusOne (NASDAQ CONE) traded up 1.03% on Friday, hitting $62.54. Security Capital Research And Management Incorporated reported 643,650 shares. France-based Fund Mngmt has invested 0% in CyrusOne Inc (NASDAQ:CONE). Blackrock Fund Advsrs accumulated 1.11M shares or 0.01% of the stock. Thompson Siegel Walmsley Llc has 0% invested in CyrusOne Inc (NASDAQ:CONE). 56,480 were reported by Ancora Advsr Llc. The California-based Cap Advisers Lc has invested 0.02% in CyrusOne Inc (NASDAQ:CONE). Aperio Gru Limited Liability stated it has 42,039 shares. Aperio Group Ltd Limited Liability Company owns 0.01% invested in CyrusOne Inc (NASDAQ:CONE) for 42,039 shares. Strategy Asset Managers Ltd Liability Co owns 146,221 shares for 1.98% of their portfolio. Birch Hill Investment Advisors Llc, a Massachusetts-based fund reported 732,461 shares. Interactive reported 300 shares. Crosslink Cap holds 297,179 shares.

Investors sentiment is 1.04 in 2016 Q4. Its down 0.19, from 0.97 in 2016Q3. Texas Yale Capital invested in 0.03% or 5,100 shares. Flippin Bruce And Porter invested in 1.74% or 590,812 shares. It also upped Western Alliance Bancorp (NYSE:WAL) stake by 33,410 shares and now owns 142,214 shares. Ridgeworth Mngmt Limited Com has 995,350 shares. Winfield Associate holds 0% or 30 shares. Winslow Evans & Crocker has invested 0% of its portfolio in Ford Motor Company (NYSE:F). Fernwood Mgmt Ltd Com holds 0.19% or 16,000 shares in its portfolio. Nj State Employees Deferred Compensation Plan holds 40,000 shares or 0.52% of its portfolio.

Mcdaniel Terry & Co holds 4.8% of its portfolio in Donaldson Company, Inc. for 549,638 shares. 1 equities equity analyst has recommended the share with a sell recommendation, two have published a hold recommendation, around ten have issued a buy recommendation and 1 has given a strong buy recommendation to the firms shares. The rating was maintained by Jefferies on Thursday, August 11 with "Buy". The firm has "Buy" rating given on Friday, December 2 by Guggenheim. The firm has "Accumulate" rating given on Tuesday, October 6 by Seaport Global Securities. As per Monday, September 26, the company rating was initiated by Goldman Sachs. On Wednesday, May 31 the stock rating was maintained by Jefferies with "Hold". This represents a $1.68 annualized dividend and a dividend yield of 2.66%. $635,408 worth of stock was sold by OJAKLI ZIAD S on Thursday, March 16. The stock was sold at an average price of $57.79, for a total value of $4,623,200.00.


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