Zions Bancorporation N.A. decreased its place in Automated Information Processing, Inc. (NASDAQ:ADP – Free Report) by 19.4% in the course of the 2nd quarter, Holdings Channel.com stories. The institutional investor owned 1,939 shares of the enterprise companies supplier’s inventory after promoting 466 shares in the course of the interval. Zions Bancorporation N.A.’s holdings in Automated Information Processing had been price $463,000 on the finish of the newest quarter.
Numerous different institutional traders have additionally purchased and bought shares of ADP. Federated Hermes Inc. boosted its stake in Automated Information Processing by 0.4% in the course of the second quarter. Federated Hermes Inc. now owns 92,324 shares of the enterprise companies supplier’s inventory price $22,037,000 after buying a further 365 shares within the final quarter. Pinkerton Retirement Specialists LLC raised its holdings in shares of Automated Information Processing by 8.8% in the course of the second quarter. Pinkerton Retirement Specialists LLC now owns 16,172 shares of the enterprise companies supplier’s inventory valued at $3,860,000 after buying a further 1,306 shares in the course of the interval. GHP Funding Advisors Inc. raised its holdings in shares of Automated Information Processing by 1.1% in the course of the second quarter. GHP Funding Advisors Inc. now owns 29,994 shares of the enterprise companies supplier’s inventory valued at $7,159,000 after buying a further 332 shares in the course of the interval. Meeder Advisory Companies Inc. boosted its place in shares of Automated Information Processing by 24.1% in the course of the 2nd quarter. Meeder Advisory Companies Inc. now owns 12,110 shares of the enterprise companies supplier’s inventory price $2,890,000 after buying a further 2,350 shares within the final quarter. Lastly, Vest Monetary LLC grew its stake in shares of Automated Information Processing by 16.8% within the 2nd quarter. Vest Monetary LLC now owns 179,590 shares of the enterprise companies supplier’s inventory valued at $42,866,000 after shopping for a further 25,801 shares in the course of the interval. Institutional traders personal 80.03% of the corporate’s inventory.
Wall Avenue Analyst Weigh In
Numerous analysis analysts lately weighed in on ADP shares. Financial institution of America upped their worth goal on Automated Information Processing from $250.00 to $267.00 and gave the inventory a “impartial” score in a analysis be aware on Thursday, August 1st. Stifel Nicolaus upped their goal worth on Automated Information Processing from $271.00 to $287.00 and gave the inventory a “maintain” score in a analysis report 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 report on Tuesday, August twentieth. Jefferies Monetary Group upped their worth goal on shares of Automated Information Processing from $250.00 to $260.00 and gave the inventory a “maintain” score in a report on Thursday, August 1st. Lastly, Royal Financial institution of Canada reiterated a “sector carry out” score and set a $267.00 worth goal on shares of Automated Information Processing in a report on Thursday, August 1st. Two equities analysis analysts have rated the inventory with a promote score, eight have given a maintain score and three have given a purchase score to the corporate’s inventory. In accordance with information from MarketBeat, Automated Information Processing has a consensus score of “Maintain” and a consensus worth goal of $265.36.
Verify Out Our Newest Inventory Evaluation on ADP
Insiders Place Their Bets
In different information, VP David Kwon bought 846 shares of the agency’s inventory in a transaction that occurred on Friday, August twenty third. The shares had been bought at a mean worth of $270.60, for a complete transaction of $228,927.60. Following the completion of the sale, the vp now owns 10,410 shares within the firm, valued at roughly $2,816,946. The sale was disclosed in a doc filed with the SEC, which is accessible at the SEC web site. In different information, VP David Kwon bought 846 shares of the inventory in a transaction on Friday, August twenty third. The inventory was bought at a mean worth of $270.60, for a complete transaction of $228,927.60. Following the completion of the transaction, the vp now owns 10,410 shares within the firm, valued at roughly $2,816,946. The transaction was disclosed in a submitting with the Securities & Alternate Fee, which will be accessed by this hyperlink. Additionally, Director Carlos A. Rodriguez bought 9,203 shares of the enterprise’s inventory in a transaction dated Friday, September sixth. The shares had been bought at a mean worth of $269.45, for a complete worth of $2,479,748.35. Following the completion of the sale, the director now owns 36,741 shares within the firm, valued at $9,899,862.45. The disclosure for this sale will be discovered right here. Over the past 90 days, insiders have bought 58,817 shares of firm inventory valued at $15,999,208. Firm insiders personal 0.26% of the corporate’s inventory.
Automated Information Processing Worth Efficiency
Automated Information Processing inventory opened at $277.51 on Friday. Automated Information Processing, Inc. has a 52 week low of $205.53 and a 52 week excessive of $279.58. The corporate’s 50 day transferring common worth is $260.52 and its two-hundred day transferring common worth is $250.54. The inventory has a market cap of $113.17 billion, a P/E ratio of 30.97, a P/E/G ratio of three.02 and a beta of 0.79. The corporate has a fast ratio of 1.01, a present ratio of 1.01 and a debt-to-equity ratio of 0.66.
Automated Information Processing (NASDAQ:ADP – Get Free Report) final posted its quarterly earnings information on Wednesday, July thirty first. The enterprise companies supplier reported $2.09 earnings per share for the quarter, topping the consensus estimate of $2.06 by $0.03. Automated Information Processing had a return on fairness of 89.20% and a internet margin of 19.54%. The enterprise had income of $4.80 billion for the quarter, in comparison with analysts’ expectations of $4.74 billion. Throughout the identical quarter within the earlier 12 months, the agency earned $1.89 earnings per share. The enterprise’s income was up 7.2% on a year-over-year foundation. On common, equities analysts predict that Automated Information Processing, Inc. will submit 10.04 earnings per share for the present 12 months.
Automated Information Processing Broadcasts Dividend
The enterprise additionally lately disclosed a quarterly dividend, which will probably be paid on Tuesday, October 1st. Buyers of file on Friday, September thirteenth will probably be issued a dividend of $1.40 per share. The ex-dividend date of this dividend is Friday, September thirteenth. This represents a $5.60 dividend on an annualized foundation and a yield of two.02%. Automated Information Processing’s dividend payout ratio (DPR) is presently 62.50%.
Automated Information Processing Profile
Automated Information Processing, Inc offers cloud-based human capital administration options worldwide. It operates in two segments, Employer Companies and Skilled Employer Group (PEO). The Employer Companies section gives strategic, cloud-based platforms, and human sources (HR) outsourcing options.
Additional Studying
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