Norden Group LLC lowered its stake in Computerized Knowledge Processing, Inc. (NASDAQ:ADP – Free Report) by 4.6% through the second quarter, based on its most up-to-date 13F submitting with the Securities and Alternate Fee (SEC). The institutional investor owned 4,191 shares of the enterprise providers supplier’s inventory after promoting 202 shares through the interval. Norden Group LLC’s holdings in Computerized Knowledge Processing have been price $1,000,000 as of its most up-to-date submitting with the Securities and Alternate Fee (SEC).
A number of different hedge funds and different institutional buyers have additionally made modifications to their positions in ADP. SRS Capital Advisors Inc. raised its holdings in Computerized Knowledge Processing by 20.9% within the second quarter. SRS Capital Advisors Inc. now owns 3,378 shares of the enterprise providers supplier’s inventory valued at $806,000 after buying a further 585 shares within the final quarter. Commonwealth Retirement Investments LLC elevated its place in shares of Computerized Knowledge Processing by 5.8% within the 2nd quarter. Commonwealth Retirement Investments LLC now owns 4,940 shares of the enterprise providers supplier’s inventory valued at $1,179,000 after buying a further 269 shares over the past quarter. Advisor OS LLC raised its holdings in shares of Computerized Knowledge Processing by 9.3% within the 2nd quarter. Advisor OS LLC now owns 2,074 shares of the enterprise providers supplier’s inventory valued at $495,000 after buying a further 177 shares within the final quarter. Savant Capital LLC lifted its place in shares of Computerized Knowledge Processing by 11.2% through the 2nd quarter. Savant Capital LLC now owns 9,543 shares of the enterprise providers supplier’s inventory price $2,278,000 after buying a further 963 shares over the past quarter. Lastly, Candriam S.C.A. grew its stake in shares of Computerized Knowledge Processing by 10.9% through the second quarter. Candriam S.C.A. now owns 170,117 shares of the enterprise providers supplier’s inventory price $40,603,000 after buying a further 16,688 shares within the final quarter. Hedge funds and different institutional buyers personal 80.03% of the corporate’s inventory.
Analyst Upgrades and Downgrades
Plenty of analysts have weighed in on the corporate. Stifel Nicolaus raised their worth goal on Computerized Knowledge Processing from $271.00 to $287.00 and gave the corporate a “maintain” ranking in a analysis notice on Thursday, August 1st. Barclays boosted their goal worth on Computerized Knowledge Processing from $282.00 to $310.00 and gave the inventory an “chubby” ranking in a analysis notice on Monday, August fifth. StockNews.com downgraded Computerized Knowledge Processing from a “purchase” ranking to a “maintain” ranking in a report on Thursday, August twenty ninth. Royal Financial institution of Canada reissued a “sector carry out” ranking and set a $267.00 worth goal on shares of Computerized Knowledge Processing in a report on Thursday, August 1st. Lastly, JPMorgan Chase & Co. upped their goal worth on shares of Computerized Knowledge Processing from $250.00 to $285.00 and gave the corporate an “underweight” ranking in a report on Tuesday, August twentieth. Two equities analysis analysts have rated the inventory with a promote ranking, 9 have issued a maintain ranking and two have assigned a purchase ranking to the inventory. In response to information from MarketBeat, the corporate has a consensus ranking of “Maintain” and a consensus worth goal of $265.36.
Learn Our Newest Evaluation on Computerized Knowledge Processing
Insider Exercise
In different Computerized Knowledge Processing information, VP Don Mcguire bought 3,179 shares of the enterprise’s inventory in a transaction on Tuesday, September third. The shares have been bought at a median worth of $274.38, for a complete worth of $872,254.02. Following the transaction, the vp now immediately owns 41,696 shares of the corporate’s inventory, valued at roughly $11,440,548.48. The sale was disclosed in a submitting with the Securities & Alternate Fee, which is accessible by way of this hyperlink. In different information, VP Michael A. Bonarti bought 26,442 shares of the agency’s inventory in a transaction that occurred on Monday, August twenty sixth. The inventory was bought at a median worth of $270.96, for a complete worth of $7,164,724.32. Following the completion of the sale, the vp now immediately 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 & Alternate Fee, which might be accessed by way of this hyperlink. Additionally, VP Don Mcguire bought 3,179 shares of the corporate’s inventory in a transaction on Tuesday, September third. The inventory was bought at a median worth of $274.38, for a complete worth of $872,254.02. Following the transaction, the vp now immediately owns 41,696 shares within the firm, valued at roughly $11,440,548.48. The disclosure for this sale might be discovered right here. During the last 90 days, insiders have bought 49,614 shares of firm inventory valued at $13,519,460. Firm insiders personal 0.26% of the corporate’s inventory.
Computerized Knowledge Processing Inventory Down 0.2 %
Shares of NASDAQ:ADP opened at $269.56 on Friday. Computerized Knowledge Processing, Inc. has a 1-year low of $205.53 and a 1-year excessive of $278.24. The corporate has a debt-to-equity ratio of 0.66, a present ratio of 1.01 and a fast ratio of 1.01. The inventory has a market cap of $110.33 billion, a P/E ratio of 30.08, a P/E/G ratio of three.00 and a beta of 0.78. The agency has a fifty day shifting common worth of $256.39 and a 200 day shifting common worth of $249.71.
Computerized Knowledge Processing (NASDAQ:ADP – Get Free Report) final introduced its earnings outcomes on Wednesday, July thirty first. The enterprise providers supplier reported $2.09 earnings per share for the quarter, topping the consensus estimate of $2.06 by $0.03. Computerized Knowledge Processing had a internet margin of 19.54% and a return on fairness of 89.20%. The enterprise had income of $4.80 billion through the quarter, in comparison with the consensus estimate of $4.74 billion. Throughout the identical quarter within the prior yr, the agency earned $1.89 earnings per share. The enterprise’s quarterly income was up 7.2% in comparison with the identical quarter final yr. Promote-side analysts predict that Computerized Knowledge Processing, Inc. will publish 10.04 EPS for the present yr.
Computerized Knowledge Processing Publicizes Dividend
The enterprise additionally just lately introduced a quarterly dividend, which might be paid on Tuesday, October 1st. Shareholders of document on Friday, September thirteenth might be paid a $1.40 dividend. The ex-dividend date of this dividend is Friday, September thirteenth. This represents a $5.60 annualized dividend and a dividend yield of two.08%. Computerized Knowledge Processing’s dividend payout ratio (DPR) is at present 62.50%.
Computerized Knowledge Processing Firm Profile
Computerized Knowledge Processing, Inc offers cloud-based human capital administration options worldwide. It operates in two segments, Employer Providers and Skilled Employer Group (PEO). The Employer Providers phase presents strategic, cloud-based platforms, and human assets (HR) outsourcing options.
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