TD Asset Administration Inc raised its place in Automated Information Processing, Inc. (NASDAQ:ADP – Free Report) by 6.3% through the second quarter, Holdings Channel studies. The agency owned 852,275 shares of the enterprise providers supplier’s inventory after buying an extra 50,418 shares through the interval. TD Asset Administration Inc’s holdings in Automated Information Processing had been value $203,430,000 on the finish of the newest quarter.
Plenty of different hedge funds and different institutional traders have additionally lately modified their holdings of the corporate. Vanguard Group Inc. lifted its place in shares of Automated Information Processing by 0.4% within the 1st quarter. Vanguard Group Inc. now owns 39,769,440 shares of the enterprise providers supplier’s inventory value $9,932,020,000 after buying an extra 173,298 shares through the interval. Wellington Administration Group LLP elevated its stake in shares of Automated Information Processing by 4.8% within the 4th quarter. Wellington Administration Group LLP now owns 5,492,425 shares of the enterprise providers supplier’s inventory valued at $1,279,570,000 after buying an extra 249,566 shares within the final quarter. Capital Analysis World Buyers elevated its stake in shares of Automated Information Processing by 2.3% within the 1st quarter. Capital Analysis World Buyers now owns 3,625,186 shares of the enterprise providers supplier’s inventory valued at $905,354,000 after buying an extra 81,869 shares within the final quarter. Nordea Funding Administration AB elevated its stake in shares of Automated Information Processing by 27.7% within the 1st quarter. Nordea Funding Administration AB now owns 2,715,382 shares of the enterprise providers supplier’s inventory valued at $678,601,000 after buying an extra 589,831 shares within the final quarter. Lastly, Ninety One UK Ltd elevated its stake in shares of Automated Information Processing by 0.4% within the 2nd quarter. Ninety One UK Ltd now owns 2,556,377 shares of the enterprise providers supplier’s inventory valued at $610,182,000 after buying an extra 9,464 shares within the final quarter. Institutional traders and hedge funds personal 80.03% of the corporate’s inventory.
Automated Information Processing Inventory Efficiency
Shares of ADP inventory opened at $270.17 on Friday. The corporate has a present ratio of 1.01, a fast ratio of 1.01 and a debt-to-equity ratio of 0.66. The agency has a market capitalization of $110.58 billion, a PE ratio of 30.15, a price-to-earnings-growth ratio of three.00 and a beta of 0.78. The agency has a fifty day easy transferring common of $255.77 and a two-hundred day easy transferring common of $249.62. Automated Information Processing, Inc. has a 12 month low of $205.53 and a 12 month excessive of $278.24.
Automated Information Processing (NASDAQ:ADP – Get Free Report) final posted its quarterly earnings information on Wednesday, July thirty first. The enterprise providers supplier reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.06 by $0.03. The agency had income of $4.80 billion for the quarter, in comparison with the consensus estimate of $4.74 billion. Automated Information Processing had a internet margin of 19.54% and a return on fairness of 89.20%. The enterprise’s income for the quarter was up 7.2% in comparison with the identical quarter final yr. Throughout the identical interval within the earlier yr, the agency earned $1.89 EPS. Analysts forecast that Automated Information Processing, Inc. will publish 10.04 EPS for the present fiscal yr.
Automated Information Processing Dividend Announcement
The corporate additionally lately disclosed a quarterly dividend, which can be paid on Tuesday, October 1st. Shareholders of report on Friday, September thirteenth can be issued a dividend of $1.40 per share. This represents a $5.60 dividend on an annualized foundation and a yield of two.07%. The ex-dividend date is Friday, September thirteenth. Automated Information Processing’s dividend payout ratio is 62.50%.
Analyst Upgrades and Downgrades
ADP has been the topic of a number of analysis analyst studies. Financial institution of America lifted their worth goal on shares of Automated Information Processing from $250.00 to $267.00 and gave the corporate a “impartial” score in a analysis notice on Thursday, August 1st. Royal Financial institution of Canada reiterated a “sector carry out” score and issued a $267.00 worth goal on shares of Automated Information Processing in a analysis notice on Thursday, August 1st. JPMorgan Chase & Co. lifted their worth goal on shares of Automated Information Processing from $250.00 to $285.00 and gave the corporate an “underweight” score in a analysis notice on Tuesday, August twentieth. Jefferies Monetary Group lifted their worth goal on shares of Automated Information Processing from $250.00 to $260.00 and gave the corporate a “maintain” score in a analysis notice on Thursday, August 1st. Lastly, Barclays lifted their worth goal on shares of Automated Information Processing from $282.00 to $310.00 and gave the corporate an “chubby” score in a analysis notice on Monday, August fifth. Two analysts have rated the inventory with a promote score, 9 have given a maintain score and two have issued a purchase score to the inventory. Based mostly on information from MarketBeat, Automated Information Processing at the moment has a consensus score of “Maintain” and a median worth goal of $265.36.
Learn Our Newest Analysis Report on Automated Information Processing
Insiders Place Their Bets
In different Automated Information Processing information, VP Michael A. Bonarti bought 26,442 shares of Automated Information Processing inventory in a transaction on Monday, August twenty sixth. The shares had been bought at a median worth of $270.96, for a complete transaction of $7,164,724.32. Following the transaction, the vice chairman now straight owns 88,426 shares of the corporate’s inventory, valued at roughly $23,959,908.96. The transaction was disclosed in a authorized submitting with the Securities & Trade Fee, which is out there via this hyperlink. In associated information, VP Don Mcguire bought 3,179 shares of the enterprise’s inventory in a transaction dated Tuesday, September third. The shares had been bought at a median worth of $274.38, for a complete worth of $872,254.02. Following the transaction, the vice chairman now straight owns 41,696 shares of the corporate’s inventory, valued at roughly $11,440,548.48. The sale was disclosed in a authorized submitting with the Securities & Trade Fee, which is out there via this hyperlink. Additionally, VP Michael A. Bonarti bought 26,442 shares of the enterprise’s inventory in a transaction dated Monday, August twenty sixth. The inventory was bought at a median worth of $270.96, for a complete transaction of $7,164,724.32. Following the completion of the transaction, the vice chairman now straight owns 88,426 shares within the firm, valued at $23,959,908.96. The disclosure for this sale might be discovered right here. Insiders have bought 49,614 shares of firm inventory valued at $13,519,460 within the final three months. 0.26% of the inventory is at the moment owned by insiders.
About Automated Information Processing
Automated Information Processing, Inc supplies cloud-based human capital administration options worldwide. It operates in two segments, Employer Companies and Skilled Employer Group (PEO). The Employer Companies phase provides strategic, cloud-based platforms, and human sources (HR) outsourcing options.
Additional Studying
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